Reverse Mortgage News by HECMWorld

E763: Over half of seniors surveyed say Social Security raises don’t keep pace with inflation

• [GoBankingRates] Over half of seniors say Social Security raise doesn’t keep pace with inflation

• [Reverse Market Insight] Reverse Market Minute with Jon McCue

• [ReverseMortgageDaily] Fairway names new division head and team leadership roles

E762: Ginnie Mae adjusts the minimum HECM mortgage-backed security pool size

• [DS News] Ginnie Mae adjusts the minimum HECM mortgage-backed security pool size

• [Forbes] Inflation And Rising Costs Create Fear Of Having To Work Into Your 70s

• [GoBankingRates] Proposed bill would give $2,400 more in Social Security each year

E761: Recent bankruptcy exposes where HECM lenders are vulnerable

• [Reverse Mortgage Daily] RMF's bankruptcy exposes where HECM lenders are vulnerable

• [Mortgage Professionals of America] A dark night of the soul leads one mortgage pro to diversify

• [Yahoo Finance] What causes retirees to sell their homes?

#760: HECM Reverse Mortgage Expectations vs. Reality

• [Reverse Mortgage Daily] Expectations vs Reality: RMI looks at HECM endorsements

• [Sales Advice-com] Does retirement savings include home equity?

• [Reverse Mortgage Daily] Big changes at Fairway's reverse mortgage division

E759: The 10-Year CMT Index forecast for 2023

• [Statistica] Economists' 2023 forecast for the HECM CMT index

• [Reverse Mortgage Daily] Sales leaseback company pursues reverse mortgage partnerships

• [Reverse Mortgage Daily] Opinion: How the reverse mortgage industry is failing seniors

E757: More employees to be laid off in February and March

• [RMD] HECM counseling agency shuts down reverse info center

• [San Francisco Gate] In a down market a reverse mortgage replaces portfolio withdrawals

• [RMD] More Reverse Mortgage Funding employees to be laid off in February and March
  

E756: Draft FHA appraisal policy would give HECM applicants more choices when seeking the reconsideration of their home’s appraised value.

• [Reverse Mortgage Daily] Does a $1 million HECM limit cut into private reverse mortgages?

• [Reverse Mortgage Daily] Draft FHA appraisal policy would give HECM applicants more choices when seeking the reconsideration of their home's appraised value

• [Forbes] The S&P 500 Lost More Than 18% In 2022: Should Retirees Be Worried?
  

E755:Over 10 million seniors are still burdened with a monthly mortgage payment

• [Epoch Times] Over 10 Million seniors are still burdened with a monthly mortgage payment

• [IRA] Ginnie & Fannie Seize RMF Assets

• [Housing Wire] Comparing this housing market recession to the 2008 crash
  

E754: Latest industry HECM data may reveal opportunities in 2023

• [RMD] Latest industry HECM data may reveal opportunities in 2023

• [McKnight Senior Living] HECM borrowers delinquent on property charges get a much-needed reprieve

• [RMI] Reverse Market Insight’s Market Minute
  

E753: Celink is now HUD’s official HECM loan servicer

• [RMD] Celink is now HUD's official HECM loan servicer

• [MarketWatch] A hot market cools way down

• [RMD] Behind the scenes on FAR’s acquisition of AAG’s direct sales channel