Author name: Ricky Vasquez

Releasing the GSEs from conservatorship became a hot topic again this week after President Trump posted that he was giving it “serious consideration” on Wednesday, followed by a Bloomberg interview with Treasury Secretary Scott Bessent on Friday. The timing of the president’s announcement took many by surprise, given rising bond yields, an uncertain trade war […]

An existing reverse mortgage-backed securities issuer and wholesale lender is making a new play for the retail space, according to a new announcement. GoodLife Home Loans, dba of Bellevue, Wash.-based Traditional Mortgage Acceptance Corporation (TMAC), announced this week that it has launched a new retail reverse mortgage division to add to its existing efforts in

A Rockdale County, Ga., judge has approved a $40,000 settlement between the Channing Cove Homeowners Association (HOA) and Michelle Bernard — a longtime homeowner who sued the HOA over a disputed lien on her property. Bernard’s legal battle began after the HOA placed a lien on her home for a little under $3,000, citing unpaid