Reverse mortgage metrics show little movement in November

While there has been something of a “yo-yo” of gains and losses in the reverse mortgage industry’s performance metrics for the past several months, some mixed signals on the horizon — such as higher interest rates that could depress origination volumes along with the potential implementation of HMBS

Investment giant Pretium Partners hires Sid Visentini to lead optimization efforts

Pretium Partners, a New York City-headquartered investment firm, announced Tuesday that its adding a new senior managing director to lead its business optimization efforts.Sebastiano “Sid” Visentini will join Pretium following a 16-year career at New York City-based Morgan Stanley. Visentini recentl

Small drop in mortgage rates a good sign for December

If housing industry professionals are looking for an early Christmas gift, they might receive it in the next two weeks if key economic indicators move in the right direction.At HousingWire’s Mortgage Rates Center on Tuesday, the 30-year conforming rate averaged 6.98%. That was down 4 basis points (b

AARP highlights needs for aging in place, walkable communities

Influential advocacy group AARP has highlighted several of its current lobbying priorities, which include a focus on making it easier for retirees to age in place in their current homes across various states.In Indiana, for instance, aging in place is a central pillar of a recently published advocac