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HUD Reverse Mortgage Changes Hit Originators Hard, Volume Falls

Concurring with recent data showing the reverse mortgage industry ... exact percentage for her loss of volume, but she knows it has dropped significantly since the principal limit changes last October ... read more

Is U.S. Housing Slowing Down?

Will the current housing market growth continue, slow down, or reverse ... low. But have been rising since 2011 and have plenty of room to grow to historical levels, provided that there is enough dema... read more

Low Interest Rates Are Hurting, Not Helping, the Economy: Sheila Bair

The nation’s largest banks have seen their mortgage businesses skyrocket as more Americans took advantage of super low interest rates ... The Fed has reiterated that it will not reverse its strategy u... read more

About that UK property bubble…

According Bank figures mortgage approvals fell to a nine month low in April, the third consecutive monthly decline since the peak in January: So what’s to fear? Well if demand for property falls off s... read more

Counselors Adapt to New Private Reverse Mortgages as Volume Falls

Reverse mortgage ... Conversion Mortgage math, demand dried up considerably, with a fall off to 6,866 counseling sessions in October. That number has yet to crack 8,000 since the new rules were introd... read more

Global stocks steady, US dollar near 14-year peak on low volumes

NEW YORK (Reuters) - Key stock indexes around the world were little changed on Friday, as were the U.S. dollar and U.S. Treasury yields, in low volume trading ahead of ... while consumer sentiment hov... read more

U.S. Overtakes China as Top Global Property Investment Market

As investors moved away from emerging markets, property demand in the region was hit, with activity falling 17%, thanks in particular to falls ... U.S. mortgage credit availability decreased in Septem... read more

CIT Group's (CIT) CEO Ellen Alemany on Q1 2018 Results - Earnings Call Transcript

Origination volume was strong ... relatively flat with low single-digit quarterly growth in our core portfolios mostly offset by the runoff of the legacy consumer mortgage portfolio and the full quart... read more

Fame And Fantasy In The Heavyweight Battle Of The Atlantic

He should come in low and use his head when he can ... if not one whose skills translate easily to a mass audience. Through a 13-year professional career, he has looked subpar only twice—against Wladi... read more

Non-QM Products; Mel Watt to Testify; Company Changes

Reverse Mortgages and HECMs). Contact Tad Dahlke or Hal Hermelee with questions. MAXEX, LLC, a residential mortgage loan exchange provider, announced that it has successfully closed a $38 million new ... read more

Read the Full Text of Janet Yellen's Policy Making Jackson Hole Speech on Interest Rates

Of course, by the end of 2008, stabilizing the federal funds rate at a level materially above zero was not an immediate concern because the economy clearly needed very low short-term ... But even afte... read more