HousingWireHousingWire Elevated mortgage rates, sky-high home prices, tight credit and stagnant wages have all contributed to homebuyers getting older. Newly released data from the annual profile of home buyers and sellers by the National Association of Realtors (NAR) shows just how dramatically this trend has manifested since the financial crisis…
Continue reading →HousingWireHousingWire Reverse mortgage industry performance metrics have been trading gains and losses for several months now, but a more favorable interest rate environment and optimism about the possible trajectory of business in 2025 have arrived alongside some generally positive news for October. Home Equity Conversion Mortgage (HECM) endorsements increased by…
Continue reading →HousingWireHousingWire In a week expected to mark the close of a divided race for the U.S. presidency, mortgage loan officers are standing by the motto of, “Let’s control what we can control.“ As they navigate the anxieties of homebuyers and market shifts, they told HousingWire they’re encouraging clients to move…
Continue reading →HousingWireHousingWire Global credit rating agency Morningstar DBRS last week assigned a “good” rating to reverse mortgage industry leader Finance of America (FOA), confirming the ranking the company was assigned this past summer ahead of its earnings call this week. The rating is officially classified as “MOR RVO2” by Morningstar. The…
Continue reading →HousingWireHousingWire As candidates in the upcoming presidential election offer strategies to address a national housing crisis, there is an urgent need for new solutions for the housing shortage in rural America. The current set of federal policies often takes a “one size fits all” approach based on urban and suburban…
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