Reverse Mortgage News by HECMWorld

E793: This surprise expense is likely to upend retirees budgets

• [Money.com] This surprise expense is likely to upend retirees budgets
• [RMI] Reverse Market Insights Reverse Market Minute with Jon McCue
• [RMD] What happens to HECMs if the federal government shuts down?

E792: The U.S. Housing Market is Caught in a Trap!

• [HUD] Updated HUD Counseling Handbook includes enhanced HECM guidance
• [RMD] Former Live Well CEO denied motion for a new trial
  [US News] The U.S. Housing Market is Caught in a Trap 

E791: When a reverse mortgage is likely a scam

• [Yahoo Finance] When a reverse mortgage may be a scam
• [Morningstar] 2 Ways to Use Home Equity to Fund Retirement
  [BankRate] Housing market predictions: The forecast for the next 5 years

E790: Property Tax Relief is still available in California

• [Bullfrag.com] Mexico's reverse mortgage market opportunity
• [The San Francisco Chronicle] Mortgage relief is still available in California
• [TheMessenger.com] A risky proposition: More homeowners are forgoing insurance

#789: The 10-year CMT Index is forecast to drop in 2024

• [Reverse Market Insight] The reverse mortgage Market Minute with Jon McCue
• [Financial Advisor Magazine] The complex truth about reverse mortgages
• [Money.com] Americans say they’ll need $5,000 a month to retire comfortably

E788: Will demographics be the saving grace for HECM lending?

• [Reverse Mortgage Daily] Will demographics be the saving grace for HECM lending?
• [Reverse Mortgage Daily] The State of Hawaii says now-bankrupt RMF owes unpaid taxes
• [Housing Wire] The CFPB issues a nearly $2M fine to one mortgage lender and real estate agency

E787: Mortgage rates may go down in the fall

• [Housing Wire] Mortgage rates may go down in the fall
• [Reverse Mortgage Daily] Finance of America Companies Post $221M Loss
• [CNBC] Only 10% plan to postpone Social Security...

E786: If mortgage rates fall to 5% the housing market could get interesting

• [Housing Wire] If mortgage rates fall to 5% the housing market could get interesting
• [News Channel 8] Credit Denied: Dave Bancroft shares his experience and why more Americans’ loan applications are being denied
• [RMD] HECM endorsements grow while the secondary market is challenged

E785: Gasps were heard in the room: Appraisal Bias

• [Reverse Mortgage Daily] Gasps in the room
• [AOM] Homebuyers should look at these things before making an offer
• [Housing Wire] The Fed says no recession is expected, but housing… 

E784: The Mortgage News Roundup from across the nation

• [Various Sources] NEW: The Mortgage News Roundup.
• [Reverse Market Insight] The Reverse Market Minute with Jon McCue.
• [RMD] Why proprietary reverse mortgage loan volume has declined in California.