Author name: Ricky Vasquez

Homebuilder confidence fell again in July as affordability pressures and economic uncertainty continued to weigh on demand, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released on Thursday.  According to the index, homebuilder confidence in July fell 2 points to a reading of 34, marking the 15th consecutive month […]

The recently passed 21st Century ROAD to Housing Act got a lot of love and attention, as it is supposed to be the first step toward building a lot more homes in America. But as is often the case, what politicians promise can be more hype than reality, and I believe this is another example.

Home Equity Conversion Mortgage (HECM) endorsements for April showed that the nation’s top brokerages continued to originate federally insured reverse mortgages at higher or similar levels to their pace over the past year. That’s according to data released this week by Reverse Market Insight (RMI) and published by HECMWorld.com. Atlantic Avenue Mortgage remained on top