A major shift has happened inside American housing finance, and it should have the full attention of lenders, regulators and policymakers. For the first time on record, Americans 70 and older hold a larger share of the nation’s real estate wealth than Americans aged 40 to 54. That crossover happened in 2025. Older homeowners now […]
Seniors Hold Record Housing Wealth, Underwriting Still Misses it Read More »
Home equity investment platform Hometap is facing a surge of litigation from its customers over its shared-appreciation contract product that litigants describe as “predatory and abusive.” Processing Content Consumers accuse Hometap of violating the Truth in Lending Act, for failing to treat their product as a mortgage loan. The recent cases create more scrutiny for
Customers slam Hometap with a wave of class action lawsuits Read More »
Fees for Veterans Affairs interest rate reduction refinancing loans (IRRRLs) could nearly triple if Congress passes the Take Care of America’s Veterans Act as currently proposed. Processing Content The bill has been introduced in both the House and Senate, with the lead sponsors being Rep. Mike Bost, R.-Illinois and Sen. Jerry Moran, R.-Kansas. It combines
Bill could triple fees for VA interest rate reduction refi loans Read More »