HousingWireHousingWire Like the traditional forward space, the reverse mortgage industry has been operating in an elevated interest rate environment for some time. While news of the Federal Reserve lowering its benchmark interest rate by 50 basis points (bps) to a range of 4.75% to 5% will have wider economic ramifications…
Continue reading →HousingWireHousingWire Artificial intelligence (AI) is becoming an increasingly common tool for consumers and businesses, primarily in reference to chatbots that can dynamically mimic human conversation and gather information. It could also have applications for aging in place, according to the leader of a senior care company. Jeff Salter, founder and…
Continue reading →Thank you to everyone who joined us for today’s Disabilities in the Workplace event, held at the Manchester Country Club on Thursday, September 19, 2024. Thank you to our speakers: Randy Pierce of Future In Sight NH, Steven Aylward of New Hampshire Department of Education, Benjamin Adams of Easterseals NH,…
Continue reading →HousingWireHousingWire Heartland Bank, the leading reverse mortgage lender in Australia and New Zealand, will rebrand its dedicated reverse mortgage division from “Heartland Finance” to “Heartland Bank” following a recent acquisition and a repositioning of its offerings. “We are excited to deliver the Heartland Bank brand to our reverse mortgage customers,”…
Continue reading →HousingWireHousingWire The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Justice (DOJ) announced this week that they have secured a $15 million conciliation agreement with New Jersey-based OceanFirst Bank to settle allegations of discriminatory redlining in certain neighborhoods with majority Black, Hispanic and Asian populations….
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