Reverse mortgage leaders praise FHA engagement, back-end improvements

Despite 2024 being a challenging year for sales volume, the reverse mortgage industry is still encouraged by the engagement of the Federal Housing Administration (FHA) on matters related to the Home Equity Conversion Mortgage (HECM) program, as well as attention to back-end loan issues from Ginnie M

Despite challenges, dementia patients and caregivers prefer to age in place

Despite additional challenges that may come with caring for an older person afflicted with dementia, both patients and their caregivers would prefer to age in place within the home of the patient.Both parties cite a desire to preserve the patient’s independence, and to avoid both concerning stories

MoxiWorks poaches two more Onit veterans for leadership roles

The Onit takeover of MoxiWorks appears to be ongoing, as the real estate technology firm has hired two more veterans from Onit to serve in leadership roles.Ben Tao was hired to be the company’s first chief marketing officer, while Jackson Mayes will join as chief of staff. The pair come to MoxiWorks

Housing market recovery threatened by mortgage rate pop

Home sales and home prices have been improving for several weeks. Unfortunately, this period could be fleeting, because we had strong economic news last week. Ironically, a strong employment situation in the country drives the bond market to higher rates. After the recent lows with mortgage rates th