After inching downward late last year, senior home equity reversed course and hit a new record high in early 2026, according to the newest report from Riskspan and the National Reverse Mortgage Lenders Association. Processing Content The amount of wealth held by homeowners age 62 and older increased by approximately 2% to a record of […]
Aging-in-place trend props up proprietary reverse surge Read More »
The Federal Housing Administration is floating the idea of working collaboratively with servicers to explore offering a new type of partial claim that is more similar to Fannie Mae and Freddie Mac’s equivalent. Processing Content Although the use of this type of distressed borrower assistance has become less prominent as the FHA has transitioned away
FHA proposes test of new partial claim alternative Read More »
The U.S. Department of Housing and Urban Development is suspending funding for the Virgin Islands Housing Finance Authority, the agency announced Monday. Processing Content HUD said it investigated the organization and found widespread financial mismanagement, inadequate fraud controls, false certifications and improper payments. The VIHFA received $1.9 billion in HUD disaster recovery funding nearly a
HUD suspends disaster recovery funding to Virgin Islands Read More »