IMB Summit: Bob Broeksmit mulls election impacts on mortgage rates, regulations  by Flávia Furlan Nunes for HousingWire

HousingWireHousingWire Whichever candidate — Kamala Harris or Donald Trump — wins the 2024 presidential election will not have a significant impact on the path of interest rates, but they will bring changes to the mortgage industry from a regulatory standpoint, according to Mortgage Bankers Association (MBA) president and CEO Bob…

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At the Hard Rock Hotel, FHA’s Gordon talks reverse mortgage observations, possible enhancements by Chris Clow for HousingWire

HousingWireHousingWire Federal Housing Administration (FHA) Commissioner Julia Gordon offered her insights on the agency’s Home Equity Conversion Mortgage (HECM) program at this year’s National Reverse Mortgage Lenders Association (NRMLA) Annual Meeting and Expo, reflecting on her journey toward greater understanding of both the program itself and the industry that utilizes…

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80% of older adults can’t afford to age in place by Chris Clow for HousingWire

HousingWireHousingWire As many as 80% of the 60-and-older population are unable to afford either long-term care or basic necessities like food, reflecting the serious financial challenges faced by older Americans despite their overwhelming preferences for aging in place. This is according to reporting by Phoenix-based National Public Radio (NPR) affiliate…

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