Senior-held home equity falls to $12.84 trillion in Q4 2023

March 16, 2024by

Homeowners 62 and older saw their collective home equity levels drop in the fourth quarter of 2023 by roughly...

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MCS buys Five Brothers, adds reverse mortgage services

March 16, 2024by

Field services company MCS LLC has acquired Five Brothers Asset Management Solutions, adding to its operations reverse mortgage capabilities...

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David Peskin to purchase ownership stake in HighTechLending

March 16, 2024by

David Peskin, formerly from Senior Lending Network and Reverse Mortgage Funding (RMF), has purchased an ownership stake in top...

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February housing starts increased 14% from January: Canada Mortgage and Housing Corp

March 16, 2024by

The pace of home construction rose in February as builders started on more apartments and condos, but the industry...

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Is It Time To Buy A Home With An FHA Mortgage?

March 16, 2024by

March 14, 2024 Some borrowers are not sure if they are truly ready to buy a house with an FHA...

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HUD sued over alleged failure to refund mortgage insurance premiums

March 15, 2024by

The U.S. Department of Housing and Urban Development (HUD) is being sued in federal court over accusations that it...

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Lisa Moriello talks tech, 2024 HECM limit and openness to reverse mortgages

March 15, 2024by

Lisa Moriello, the national retail reverse mortgage sales manager at multichannel lender loanDepot, recently spoke to RMD about how...

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Blend narrows loss in 2023, projects confidence in achieving profitability this year 

March 15, 2024by

California mortgage tech firm Blend Labs narrowed its loss in 2023 by expanding its consumer banking footprint and growing...

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Homeowners insurance rates rose nearly 19% in 2023

March 15, 2024by

The average price borrowers pay to insure their homes is up by almost 19% in the past year and...

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HTB expands with two senior hires

March 15, 2024by

Hampshire Trust Bank (HTB) has made two new hires, growing its portfolio management team with the recruitment of Victoria...

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