Automatic Website Traffic RSS

HECM data suggests worst may be over

Reverse mortgage endorsements rose 9.9% to 3,197 loans from July to August, according to the latest data from analytics firm Reverse Market Insight. The slight uptick marks the second month of ... read more

The worst may be over for homebuyers | CNN Business

But there are now signs that maybe, just maybe, the worst could be over for homebuyers. “June, in particular, has started to show the housing market slowing down in favor of buyers,” said ... read more

Report suggests key HECM field office at HUD could be shut down

The impacts to the HECM program are tied the potential closure of the HUD field office in Tulsa, Oklahoma, which houses HECM-specific functions of HUD’s National Servicing Center (NSC). read more