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U.S. reverse mortgage endorsements rose sharply in March following subdued activity in February, but overall volume remains down compared with recent months, according to data released Wednesday by Reverse Market Insight (RMI). Home Equity Conversion Mortgage (HECM) endorsements increased 16.3% in March to 2,117 loans. Despite the monthly gain, activity remained below the levels seen […]

Finance of America (FOA) on Thursday introduced HomeSafe Second Line of Credit, a second-lien reverse mortgage line of credit now available in California that lets homeowners 55 and older tap home equity over time without refinancing or taking on a new required monthly mortgage payment. The product, which became available April 1, is designed to

The National Association of Realtors (NAR) has introduced an expertise-driven application process for its 2027 governance committees, aiming to match members to roles based on their experience, qualifications and leadership background, the trade group announced Thursday. This announcement comes one day after NAR announced plans to sunset some governance groups as part of a committee