#reversemortgages

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SF real estate
fromwww.housingwire.com
2 days ago

Finance of America launches new reverse mortgage line of credit

HomeSafe Second Line of Credit offers a nonrevolving reverse mortgage option for accessing home equity without new monthly payments.
#hecm
Real estate
fromwww.housingwire.com
1 day ago

NRMLA webinar to cover reverse servicing and maturity events

Understanding post-loan processes is crucial for originators, especially for elderly borrowers, to prevent risks like losing their homes over unpaid obligations.
Real estate
fromwww.housingwire.com
2 days ago

HECM endorsements rise 16.3% in March to 2,117 loans

March saw a 16.3% increase in loans, but HECM endorsements remain weak due to competition from proprietary reverse mortgage products.
Real estate
fromwww.housingwire.com
1 day ago

NRMLA webinar to cover reverse servicing and maturity events

Understanding post-loan processes is crucial for originators, especially for elderly borrowers, to prevent risks like losing their homes over unpaid obligations.
Real estate
fromwww.housingwire.com
2 days ago

HECM endorsements rise 16.3% in March to 2,117 loans

March saw a 16.3% increase in loans, but HECM endorsements remain weak due to competition from proprietary reverse mortgage products.
#social-security
Retirement
from24/7 Wall St.
1 day ago

How to Avoid Social Security's Most Hated Trap

Many retirees face taxes on Social Security benefits, which can feel like double taxation due to low income thresholds.
Retirement
fromwww.businessinsider.com
4 days ago

The ghost of DOGE is still haunting Social Security

Social Security faces a staffing crisis and budget cuts, impacting 74 million Americans relying on benefits amid rising demand and employee burnout.
Retirement
fromwww.housingwire.com
2 weeks ago

How policy uncertainty is reshaping senior retirement plans

Retirees and near-retirees show heightened financial anxiety in 2025, with Social Security benefit cuts emerging as the primary policy concern, prompting delayed retirement plans and portfolio shifts toward conservative investments.
Retirement
from24/7 Wall St.
16 hours ago

Social Security Issues Major Warning to Retirees

Retirees must be vigilant against increasing government impostor scams targeting their Social Security information.
Retirement
from24/7 Wall St.
1 day ago

How to Avoid Social Security's Most Hated Trap

Many retirees face taxes on Social Security benefits, which can feel like double taxation due to low income thresholds.
Retirement
from24/7 Wall St.
3 days ago

64% of Americans are Making a Fundamental Mistake on Social Security

Social Security's trust fund may run dry by 2032, but benefits will still be paid from ongoing revenue, covering about 75% of promised benefits.
Retirement
fromwww.businessinsider.com
4 days ago

The ghost of DOGE is still haunting Social Security

Social Security faces a staffing crisis and budget cuts, impacting 74 million Americans relying on benefits amid rising demand and employee burnout.
Retirement
fromwww.housingwire.com
2 weeks ago

How policy uncertainty is reshaping senior retirement plans

Retirees and near-retirees show heightened financial anxiety in 2025, with Social Security benefit cuts emerging as the primary policy concern, prompting delayed retirement plans and portfolio shifts toward conservative investments.
LA real estate
fromwww.npr.org
1 day ago

65, single, seeking a roommate: More seniors are being priced out of living alone

Older adults increasingly share homes due to rising housing costs, with a significant increase in those aged 65 and over seeking roommates.
#mortgage-rates
Remodel
fromwww.businessinsider.com
1 day ago

We bought a house with a 2.5% mortgage rate a few years ago. Our family's much bigger now, but moving is not an option.

Rising mortgage rates since 2019 have made moving to a larger home financially challenging for families.
fromSFGATE
1 day ago
SF real estate

Weekly Mortgage Rates Flat; Jobs Report Is Surprisingly Strong

Real estate
fromwww.housingwire.com
3 days ago

Higher mortgage rates trigger sharp drop in applications

The 30-year mortgage rate has risen to 6.57%, impacting refinance applications and buyer confidence amid economic uncertainty.
Real estate
fromwww.housingwire.com
4 days ago

Inflation fears keep mortgage rates in the mid-6% range

Mortgage rates are influenced by the 10-year Treasury yield and rising oil prices due to the Iran conflict, affecting housing demand and affordability.
Remodel
fromwww.businessinsider.com
1 day ago

We bought a house with a 2.5% mortgage rate a few years ago. Our family's much bigger now, but moving is not an option.

Rising mortgage rates since 2019 have made moving to a larger home financially challenging for families.
fromSFGATE
1 day ago
SF real estate

Weekly Mortgage Rates Flat; Jobs Report Is Surprisingly Strong

Real estate
fromwww.housingwire.com
3 days ago

Higher mortgage rates trigger sharp drop in applications

The 30-year mortgage rate has risen to 6.57%, impacting refinance applications and buyer confidence amid economic uncertainty.
Real estate
fromwww.housingwire.com
4 days ago

Inflation fears keep mortgage rates in the mid-6% range

Mortgage rates are influenced by the 10-year Treasury yield and rising oil prices due to the Iran conflict, affecting housing demand and affordability.
from24/7 Wall St.
1 day ago

How Income Investors Are Using HYBL to Dodge Interest Rate Risk in 2026

HYBL attempts to solve the income problem by combining senior loans, high-yield corporate bonds, and debt tranches from U.S. collateralized loan obligations (CLOs). The result is a portfolio with lower duration and lower volatility compared to traditional high-yield funds, while still targeting high current income with monthly distributions.
Business
Roam Research
fromwww.housingwire.com
2 days ago

Rocket Close, AWS partner to automate mortgage document workflows

Amazon Textract and Bedrock automate document processing, improving efficiency and reducing human error in handling diverse document types.
US news
fromwww.npr.org
3 days ago

Trump's VA killed a home loan program. Vets are now losing their homes because of it

Over 10,000 veterans faced foreclosure due to the shutdown of a key VA home loan safety-net program, with 90,000 more at risk.
fromwww.housingwire.com
3 days ago

Rocket Companies moves to dismiss RESPA lawsuit

Rocket Companies contends that the plaintiffs failed to plead injury, a qualifying referral, a thing of value, or an agreement, which are essential for their claims under RESPA.
Boston real estate
fromwww.housingwire.com
5 days ago

ALTA renews TrustLink as Elite Provider for 2026

The ALTA Elite Provider Program recognizes service providers that demonstrate a strong commitment to supporting the title insurance industry and the professionals who serve consumers every day, ALTA CEO Chris Morton said in the announcement.
Law
#real-estate
Real estate
fromIndependent
1 day ago

Your money questions - 'How long will it take to sell our house and get a new mortgage so we can move?'

Consult an estate agent for your property's value and a mortgage broker for approval before selling and buying.
Real estate
fromIndependent
1 day ago

Your money questions - 'How long will it take to sell our house and get a new mortgage so we can move?'

Consult an estate agent for your property's value and a mortgage broker for approval before selling and buying.
#retirement
Retirement
from24/7 Wall St.
2 days ago

The Hidden Retirement Costs Tax Planning Can Help You Avoid

Tax planning is essential for managing retirement income and lifestyle, despite differing opinions on its importance.
fromSilicon Canals
4 days ago
Retirement

I'm 67 and I retired last year with $680,000 saved and a paid-off house - and by October I was Googling 'is this all there is' at 2am because nobody tells you that financial security and psychological purpose are completely unrelated problems - Silicon Canals

Retirement
from24/7 Wall St.
1 week ago

Why Retirees With $1 Million Are Still Running Out of Money - and What the Math Actually Says

$1 million may not be sufficient for retirement due to rising costs, lifestyle changes, and inflation.
fromwww.housingwire.com
2 months ago
Retirement

Unexpected retirement expenses can strain senior homeowners

Unexpected expenses affect 83% of retired households annually and average about $6,000 per year, consuming roughly 10% of median retirement income.
Retirement
fromSilicon Canals
19 hours ago

What no one tells you about a working-class retirement - Silicon Canals

Retirement can lead to unexpected physical and identity challenges for those who defined themselves by their work.
Retirement
from24/7 Wall St.
2 days ago

The Hidden Retirement Costs Tax Planning Can Help You Avoid

Tax planning is essential for managing retirement income and lifestyle, despite differing opinions on its importance.
Retirement
fromSilicon Canals
4 days ago

I'm 67 and I retired last year with $680,000 saved and a paid-off house - and by October I was Googling 'is this all there is' at 2am because nobody tells you that financial security and psychological purpose are completely unrelated problems - Silicon Canals

Financial security and psychological purpose are distinct; achieving one does not guarantee fulfillment in the other.
Retirement
from24/7 Wall St.
1 week ago

Why Retirees With $1 Million Are Still Running Out of Money - and What the Math Actually Says

$1 million may not be sufficient for retirement due to rising costs, lifestyle changes, and inflation.
Business
from24/7 Wall St.
2 days ago

Do Not Build a Retirement Portfolio in 2026 Without at Least One of These 3 Dividend Kings

Dividend King stocks are essential for portfolios, especially retirement ones, providing stability and potential growth amid market fluctuations.
#housing-market
Real estate
fromwww.housingwire.com
3 days ago

Housing market demand holds, but home sales face friction

Housing demand remains steady year over year, but pricing gaps and rising mortgage rates are creating challenges for buyers and sellers.
Real estate
fromwww.housingwire.com
12 hours ago

How is the housing market weathering war-time economics?

Pending home sales decreased to 70,676, influenced by rising mortgage rates, while total pending sales remain higher year-over-year at 380,914.
Real estate
fromwww.housingwire.com
3 days ago

Housing market demand holds, but home sales face friction

Housing demand remains steady year over year, but pricing gaps and rising mortgage rates are creating challenges for buyers and sellers.
Real estate
fromFast Company
3 days ago

Home flipping stabilized after being hit by its biggest pullback since 2007

Home flipping activity has stabilized around 2019 levels, with seasoned flippers planning to execute deals in 2026 despite a slower appreciation environment.
#retirement-planning
Retirement
fromFortune
14 hours ago

Gen Z are already more bullish than millennials about early retirement-and many think they can quit work for good with just $500,000 | Fortune

Gen Z and millennials are planning for retirement with ambitious savings goals, but many may face challenges in achieving them.
fromSilicon Canals
2 days ago
Retirement

I retired in January 2026 with $780,000 saved and by March I was back applying for part-time work - not because I needed the money but because inflation had made my 'enough' feel like barely surviving and I couldn't watch my future shrink in real time - Silicon Canals

Retirement
from24/7 Wall St.
3 days ago

A $2 Million 401(k) in Retirement Can Still Cost You Six Figures Without These Moves

Timing of retirement significantly impacts portfolio outcomes due to sequence of returns risk.
Retirement
from24/7 Wall St.
4 days ago

At the age of 50, I want to retire by 60 and want to start moving out of stocks. Is this a good idea?

Balancing equity and bond allocations is crucial for those nearing retirement to manage risks and protect their portfolios.
Retirement
from24/7 Wall St.
5 days ago

The Social Security Breakeven Age Most Retirees Don't Know and Why It Should Change When You Claim

Only 13% of Americans know their full retirement age, crucial for making informed Social Security claiming decisions.
Retirement
fromFortune
14 hours ago

Gen Z are already more bullish than millennials about early retirement-and many think they can quit work for good with just $500,000 | Fortune

Gen Z and millennials are planning for retirement with ambitious savings goals, but many may face challenges in achieving them.
Retirement
from24/7 Wall St.
2 days ago

What Physicians Retiring in the Next 5 Years Are Doing With Their 401(k)s Right Now

A pension significantly limits Roth conversion opportunities and increases tax burdens for retiring physicians.
Retirement
fromSilicon Canals
2 days ago

I retired in January 2026 with $780,000 saved and by March I was back applying for part-time work - not because I needed the money but because inflation had made my 'enough' feel like barely surviving and I couldn't watch my future shrink in real time - Silicon Canals

Retiring early can lead to unexpected financial challenges due to inflation, even with substantial savings.
Retirement
from24/7 Wall St.
3 days ago

A $2 Million 401(k) in Retirement Can Still Cost You Six Figures Without These Moves

Timing of retirement significantly impacts portfolio outcomes due to sequence of returns risk.
Retirement
from24/7 Wall St.
4 days ago

At the age of 50, I want to retire by 60 and want to start moving out of stocks. Is this a good idea?

Balancing equity and bond allocations is crucial for those nearing retirement to manage risks and protect their portfolios.
Retirement
from24/7 Wall St.
5 days ago

The Social Security Breakeven Age Most Retirees Don't Know and Why It Should Change When You Claim

Only 13% of Americans know their full retirement age, crucial for making informed Social Security claiming decisions.
#reverse-mortgages
SF real estate
fromwww.housingwire.com
5 days ago

C2 Financial's Urwin on reverse mortgage broker-lender evolution

New lender agreements are enhancing broker protections, but the reverse mortgage market must attract new borrowers beyond refinances.
Retirement
fromLos Angeles Times
10 years ago

Family-funded reverse mortgage can help elderly parents keep home

A new family-funded reverse mortgage option allows multiple family members to pool resources and provide flexible credit to senior homeowners at lower rates than commercial alternatives.
SF real estate
fromwww.housingwire.com
5 days ago

C2 Financial's Urwin on reverse mortgage broker-lender evolution

New lender agreements are enhancing broker protections, but the reverse mortgage market must attract new borrowers beyond refinances.
Retirement
fromLos Angeles Times
10 years ago

Family-funded reverse mortgage can help elderly parents keep home

A new family-funded reverse mortgage option allows multiple family members to pool resources and provide flexible credit to senior homeowners at lower rates than commercial alternatives.
Boston real estate
fromwww.housingwire.com
1 week ago

Virginia widow alleges wrongful reverse mortgage foreclosure

The lawsuit challenges HUD's handling of reverse mortgages, claiming protections for non-borrowing spouses were not implemented properly, leading to wrongful foreclosures.
NYC real estate
fromwww.housingwire.com
2 weeks ago

Older Americans maintain record share of housing wealth

Americans aged 70 and older now hold over 26% of housing wealth, surpassing the 40-to-54 age group for the first time, while younger Americans struggle with affordability and delayed homeownership.
from24/7 Wall St.
23 hours ago

Retirees Love This Treasury ETF Until They See the 5 Year Price Chart

TLT holds U.S. Treasury bonds with remaining maturities greater than 20 years, collecting fixed semi-annual coupons that are passed through as monthly distributions.
Retirement
Renovation
fromwww.housingwire.com
2 weeks ago

How seniors can tap home equity for renovations and ADUs

Block Renovation provides a trusted platform for homeowners to plan and hire contractors for major renovation projects, addressing the complexity and cost uncertainty of home renovations across all 50 states.
fromwww.housingwire.com
4 days ago

Homeowner Assistance Fund backstopped vulnerable borrowers

The insights from this report help us think about potential gaps in the loss mitigation waterfall and the types of homeowners who may benefit from targeted support when they experience a crisis.
SF real estate
#reverse-mortgage
Real estate
fromwww.housingwire.com
3 days ago

REVERSE plus integrates Smartfi proprietary reverse mortgages

ANALYZER Pro helps loan officers model reverse mortgage scenarios, compare options, and enhance borrower understanding and confidence.
Real estate
fromwww.housingwire.com
1 week ago

Michael Banner on why HECM for Purchase failed to take off

The reverse mortgage industry has failed to promote its products effectively, leading to low adoption rates despite their potential benefits.
Real estate
fromwww.housingwire.com
3 days ago

REVERSE plus integrates Smartfi proprietary reverse mortgages

ANALYZER Pro helps loan officers model reverse mortgage scenarios, compare options, and enhance borrower understanding and confidence.
Real estate
fromwww.housingwire.com
1 week ago

Michael Banner on why HECM for Purchase failed to take off

The reverse mortgage industry has failed to promote its products effectively, leading to low adoption rates despite their potential benefits.
Retirement
from24/7 Wall St.
1 day ago

The 4 Top ETFs For Retirees To Buy And Hold

Retirement portfolios require reliable income, capital preservation, and low costs, addressed by specific ETFs with distinct mechanisms.
#retirement-savings
Retirement
fromFortune
2 days ago

What it takes to retire comfortably in America: Nearly $1.5 million, Northwestern Mutual says | Fortune

Americans believe they need $1.5 million to retire comfortably, a significant increase from previous years, highlighting a growing retirement savings gap.
Retirement
from24/7 Wall St.
1 week ago

What Retirement Really Looks Like With $3 Million in Savings

A $3 million retirement portfolio can provide a comfortable annual income of around $156,000, depending on various factors.
Retirement
fromFortune
2 days ago

What it takes to retire comfortably in America: Nearly $1.5 million, Northwestern Mutual says | Fortune

Americans believe they need $1.5 million to retire comfortably, a significant increase from previous years, highlighting a growing retirement savings gap.
Retirement
from24/7 Wall St.
1 week ago

What Retirement Really Looks Like With $3 Million in Savings

A $3 million retirement portfolio can provide a comfortable annual income of around $156,000, depending on various factors.
fromwww.housingwire.com
2 days ago

Mortgage lenders ramp up homebuilder divisions

Ginsburg stated that treating builder business as a core pillar rather than a side channel reflects a broader industry shift. He believes a healthy balance of builders should be around 15% to 20% of the overall retail book of business.
Real estate
Retirement
from24/7 Wall St.
2 days ago

Why Retiring Early With a Large 401(k) Balance Is Riskier Than It Looks

Early retirees face significant risks including penalties, market volatility, healthcare costs, and psychological impacts when accessing 401(k) funds.
SF real estate
fromwww.housingwire.com
2 weeks ago

Finance of America expands HomeSafe Second reverse mortgage

Finance of America launches HomeSafe Second, a second lien product for homeowners 55+ to access home equity without refinancing or making monthly payments.
Retirement
from24/7 Wall St.
1 day ago

Dave Ramsey Left Speechless as 26 and 27-Year-Olds Pay Off $184,000 House in 32 Months

Addison and Autumn paid off a $184,000 mortgage in 32 months using an income-flooring strategy.
#mortgage-lending
Real estate
fromwww.housingwire.com
2 days ago

Frost Bank is betting on 0% down mortgages in Texas

Frost Bank aims to enhance homeownership access through its Progress Mortgage, surpassing its mortgage volume goal with innovative lending practices.
Real estate
fromwww.housingwire.com
1 week ago

The mortgage industry built a sales infrastructure. It now needs a navigation infrastructure

Mortgage lending's efficiency may obscure its complexities, necessitating a shift from sales infrastructure to navigation infrastructure for better borrower understanding.
Real estate
fromwww.housingwire.com
2 days ago

Frost Bank is betting on 0% down mortgages in Texas

Frost Bank aims to enhance homeownership access through its Progress Mortgage, surpassing its mortgage volume goal with innovative lending practices.
Real estate
fromwww.housingwire.com
1 week ago

The mortgage industry built a sales infrastructure. It now needs a navigation infrastructure

Mortgage lending's efficiency may obscure its complexities, necessitating a shift from sales infrastructure to navigation infrastructure for better borrower understanding.
#mortgage-rankings
Real estate
fromwww.housingwire.com
3 days ago

Why HousingWire's new Mortgage Rankings matter for originators

HousingWire Mortgage Rankings provide a standardized, transaction-based view of origination activity, enhancing transparency and comparability in the housing industry.
Real estate
fromwww.housingwire.com
4 days ago

HousingWire and InGenius roll out Mortgage Rankings product

HousingWire launched Mortgage Rankings to benchmark mortgage originators using recorded transactions, providing a data-driven view of performance across the U.S.
Retirement
from24/7 Wall St.
1 day ago

Wes Moss Says Roth Conversion Hype 'Is Not True at All' and Detroit Retiree Dave Proves Why

Roth conversions are not universally beneficial; they depend on comparing current and future tax rates.
fromSubstack
5 days ago

Q1 Market Whiplash, Millionaire Tax Strategies and Bitcoin Backed Mortgages - Episode 183

The sharp rise in oil prices and renewed inflation concerns created significant pressure on both stocks and bonds, impacting investor sentiment and market dynamics.
Retirement
Retirement
from24/7 Wall St.
3 days ago

2 Dividend ETFs That Easily Meet The 4% Safe Withdrawal Rule For Retirees

The 4% rule remains relevant for retirees seeking steady income despite criticisms and emphasizes total return over the method of withdrawal.
Education
fromwww.housingwire.com
1 month ago

Fairway, NAIFA debut Certified Home Equity Advisor program

NAIFA members can earn a CHEA credential teaching reverse-mortgage-based home-equity strategies for retirement planning, emphasizing education, ethics, and consumer protection rather than product origination.
Retirement
from24/7 Wall St.
5 days ago

Retirees Are Ditching Stock Picking for This 6% Income Strategy

Investors can achieve high yields through options income ETFs and REITs, but must consider potential downsides like lower long-term performance.
#mortgage
Real estate
fromwww.housingwire.com
2 weeks ago

Lower rates aren't enough: What mortgage lenders and servicers must do to set spring homebuyers up for long-term success

Interest rates easing may improve buyer sentiment, but sustainable homeownership relies more on managing cash flow than just lower rates.
Real estate
fromwww.housingwire.com
2 weeks ago

Lower rates aren't enough: What mortgage lenders and servicers must do to set spring homebuyers up for long-term success

Interest rates easing may improve buyer sentiment, but sustainable homeownership relies more on managing cash flow than just lower rates.
Retirement
fromIndependent
2 weeks ago

Investing or overpaying a mortgage - which is the best use of 10,000??????????????????????

Paying off a mortgage early may not be the best use of spare cash.
Retirement
fromwww.housingwire.com
5 days ago

Policy turmoil, fiscal uncertainty cause retirement hesitation

Policy uncertainty significantly impacts economic activity and household financial decisions, particularly for near-retirees and retirees.
Real estate
fromwww.housingwire.com
2 weeks ago

Atlantic Avenue leads HECM broker endorsements in January

Atlantic Avenue Mortgage leads HECM brokers with 935 endorsements, while HECM endorsements dropped 21% from January to February, with proprietary reverse mortgages capturing 45% market share.
US politics
fromwww.housingwire.com
1 month ago

Senior home equity at record high as Trump opposes price cuts

Housing wealth for homeowners age 62 and older reached a record $14.66 trillion in Q3 2025, driven by rising home values and modest mortgage debt increases.
Real estate
fromwww.housingwire.com
2 weeks ago

The industry's quiet first line of defense

Title agents perform critical fraud detection work during real estate transactions that remains largely invisible to buyers, sellers, and lenders despite being more important than the visible closing process.
Business
from24/7 Wall St.
2 months ago

What Retirees Need To Know About HDV's Dividend Before Buying

HDV provides a 3.3% yield and 0.08% fees, concentrated in Consumer Staples, Energy, and Healthcare, with recent distribution declines raising dividend sustainability concerns.
Real estate
fromwww.housingwire.com
3 weeks ago

The senior housing bottleneck is a mortgage market issue hiding in plain sight

Older homeowners are staying in place longer due to structural systems issues, rate lock-in, and complex life transitions rather than sentiment, creating a significant slowdown in housing inventory release.
fromwww.housingwire.com
3 weeks ago

Celink's Ryan LaRose calls for HECM updates to support growth

As a subservicer, we are completely subject to the origination volumes of our lender clients. Generally, they are all optimistic that 2026 will generate higher volumes than 2025, but by what amount is not clear. Structural constraints are limiting broader industry expansion, and targeted improvements to the HECM program are needed.
Real estate
Retirement
fromSubstack
2 weeks ago

Can I Afford to Move #2: Is Draining Our Savings to Buy a Home a Bad Idea?

Depleting savings to purchase a home increases financial risk, but may be acceptable if income is stable and savings discipline is strong.
Real estate
fromwww.housingwire.com
1 month ago

Reverse mortgage metrics fall sharply in February

HECM reverse mortgage endorsements hit their lowest level since April 2020, with all regions and top lenders reporting declines in February, while proprietary reverse mortgage products increasingly compete for market share.
Real estate
fromwww.housingwire.com
1 month ago

Loren Riddick on reverse refi churning, HECM misconceptions

HECM mortgage insurance premiums should be restructured to better align with actual risk, particularly reducing upfront costs for low-LTV line-of-credit scenarios while addressing unnecessary refinancing practices.
fromBusiness Insider
3 weeks ago

My parents had no retirement plans after selling their house. They now live in Airbnbs, and I'm worried about them.

I knew I was inching toward simultaneously caring for my young kids and aging parents. Suddenly, I was squarely in the sandwich generation. I now had to deal with the terrifying reality that my parents did not have a plan for how to spend their retirement years - especially where they plan to live.
Retirement
Real estate
fromwww.npr.org
1 month ago

At retirement's edge, homebuying math gets harder. Here's how to navigate it

Older adults weighing relocation must balance financial costs, maintenance responsibilities, and proximity to family when choosing between buying a home or continuing to rent.
fromwww.housingwire.com
2 months ago

Paul Fiore on driving reverse mortgage growth at HighTechLending

I've known HighTech over the years, back when Don Currie was running the company. And I've been in the reverse mortgage industry for a very long time, so HighTech was a name I knew quite well. Really, I started getting to know them better as David Peskin joined and some of my old colleagues did too. I kind of knew Kevin Blakeney, who was working on their call center.
Real estate
fromSubstack
2 months ago

At 32, I Bought the House I Plan to Die In

My husband and I were happily renting in New York thanks to a pandemic rent deal (four months over two years free!). Real estate prices in New York felt completely out of reach and frankly, the three-bedroom, well-lit, high-ceiling place we found was perfect. Then, a series of events happened that made me itchy to buy a home. The first is that the home I shared with my grandparents during my formative high school years was sold.
Retirement
fromwww.housingwire.com
2 months ago

Tapping a 401(k) for homeownership is risky business

Financially, the American dream should not be homeownership, but should be financial independence, Robert Johnson, CEO of Economic Index Associates and a professor at Creighton University, said in the report. People fall prey to the stories of individuals realizing substantial gains by buying a home and selling it at a much higher price years down the road. He noted that nearly 29% of household wealth was tied to home equity in 2021, according to U.S. Census Bureau data.
Real estate
Real estate
fromwww.housingwire.com
2 months ago

Senior home sellers take a hit on profits

Older home sellers earn progressively lower sale proceeds, beginning around age 70 and accelerating thereafter, driven by poorer maintenance and off-market or investor sales.
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