Housing wealth among homeowners age 62 and older rebounded to a record $14.92 trillion in the first quarter of 2026 after declining in the previous two quarters, according to the latest National Reverse Mortgage Lenders Association (NRMLA) – RiskSpan Reverse Mortgage Market Index. The quarterly index, which has tracked senior home values and home equity […]
Senior housing wealth reaches record level in first quarter Read More »
Equifax will keep its $1 VantageScore 4.0 price in place through the end of 2027 as it pushes mortgage lenders to adopt the alternative credit score model, CEO Mark Begor told investors. The initiative was first launched in March, when the company also continued to offer free VantageScore 4.0 credit scores to mortgage, automotive, card and
Equifax holds $1 VantageScore 4.0 price through 2027 Read More »
The Federal Housing Administration (FHA) is proposing a new structure, called Reinstatement Advance Payment (RAP), that would change how servicers document and service partial claims and payment supplements. Under the draft, attributed to Joseph M. Gormley, who is performing the delegable duties of the assistant secretary for housing–federal housing commissioner, the FHA would test a
FHA proposes RAP model for partial claims Read More »