Reverse mortgage volume, HMBS issuance show little movement in September

The reverse mortgage industry could begin seeing some benefits of lower interest rates, but endorsement volume and securities issuance largely continued its trend from the prior month.Home Equity Conversion Mortgage (HECM) endorsements fell by 2.1% from August to September, with 2,153 loans endorsed

Why downsizing is not an easy call for seniors and families to make

Seniors often face a range of emotions when the discussion of downsizing to a different home arises. (Image generated by AI through MidjourneyWhile many older homeowners often entertain the idea of downsizing into a smaller home to better accommodate natural changes to mobility in later life, this d

Homebuyer demand gains steam in response to lower mortgage rates

The real estate industry illuminati believe that mortgage rates dropping below 6% will get housing markets moving again, but there’s growing evidence that the recent decline in rates is already doing so.Redfin’s Homebuyer Demand Index — which measures homebuyer requests for agent services like home

ICE launches pilot to sunset old Encompass CRM

ICE Mortgage Technology is continuing to accelerate the adoption of its more modern tools by sunsetting older tech stacks. The mortgage tech behemoth on Wednesday told clients that it would be launching a pilot program that will ultimately sunset its Encompass CRM in favor of the more modern Surefir