Reverse Mortgage News By Hecmworld

[Business Times] Australians Told to Monetize Their Home for Retirement. [AARP] AARP Announces Vision for a National Plan on Aging. [Reverse Market Insight] RMI's Market Minute with Jon McCue. Watch our video podcast here!

[NRMLA/HUD] A New CFPB Rule Would Increase Foreclosure Protections. [HUD] HUD Charges Appraiser, AMC, and Lender with Appraisal Bias. [KSNV Las Vegas] These States Have the Most Foreclosures. Watch our video podcast here!

[The Street] Unlocking Hidden Retirement Cash. [National Retirement Institue] More Than a Quarter of Retired Investors Continue to Pay Off Mortgage and Credit Card Debt. [Altos Research]Housing Price Cuts and Inventory Continue to Grow. Watch our video podcast here!

[Nerd Wallet] A Reverse Mortgage in Your Pocket? [Ginnie Mae] New Ginnie Mae HECM Mortgage-Backed Security Aims to Ease Liquidity Crunch. [Yahoo Finance]Here's Where Retirees are Moviing. Watch our video podcast here!

[Next Avenue] The unexpected downsides of aging in place. [Green Building Elements Strict condo Rules quash reverse mortgage. [Yahoo Finance] Did you know Montana has its own reverse mortgage program? Watch our video podcast here!

[National Mortgage News] The CFPB issues a consent order against a former national HECM servicer. [Reverse Market Insight] RMI's Market Minute with Jon McCue brings you the latest trends in HECM loan volume, regional trends, and more. [National Consumer Law Center] Industry Advocates Highlight Measures to Counter Elder Real Estate Fraud. Watch our video podcast here!

[HECMWorld] A Revolution in HECM Calculators: An Interview with Lenderful Solution's Paul Lehnert. [National Mortgage News] Finance of America Reverse trims more jobs to right-size its lending operations. [CNBC] Why tapping into home equity is tricky. Watch our video podcast here!

[Housing Wire] Flood insurance premium hikes endanger one reverse mortgage couple and others. [Housing Wire] Ginnie Mae's new HECM mortgage-backed security product is on schedule for release this year with details coming this month. [CNN Finance] Zero-down mortgages are back! Here's what you need to know. Watch our video podcast here!

[Michigan Live] F Stands for Family...and Fraud. [The Associated Press] Some older Americans splurge to keep homes accessible. [Yahoo Finance] Older mortgage applicants are more likely to be denied a mortgage. Watch our video podcast here!

[Go Banking Rates] 4 ways Baby Boomers become house-poor in Retirement. [New York Times] The high-class problem that is home equity. [Reverse Market Insight] RMI's Market Minute with Jon McCue. Watch our video podcast here!

[Tampa Bay Times Editorial Board] Retirement is becoming a luxury. [RMD/Housing Wire] Atlas Valuation hired former AAG Head Appraiser. [CBS News Money Watch] When is a reverse mortgage the best home equity option? The experts weigh in. Watch our video podcast here!

[RMD-Housing Wire] Appraisal bias protections apply to HECM applicants. [Belleville News-Democrat] Congressional bill seeks to change the index used to calculate Social Security's Cost of Living Adjustment (COLA). [Yahoo Finance] Mortgage demand falls with high interest rates and home values. Watch our video podcast here!

[RMD-Housing Wire] HUD pulls back some planned HECM for Purchase contributions. [Belleville News-Democrat] A vacant duplex has been deteriorating for five years after the HECM borrower died. [Finance Buzz] Home insurance forcing many older Florida residents to sell, or give up coverage. Watch our video podcast here!

[New York Times] Aging in place or stuck in place? [CBS News Money Watch] 3 moves seniors should consider with inflation still high. [RMI] Reverse Market Insights ‘Market Minute’ with Jon McCue. [Housing Wire] Norcom mortgage’s former reverse mortgage team seeking a new home. Watch our video podcast here!

[AARP] Rising rates impact reverse mortgage payouts. [New York Times] Boomers bought up the big homes and they're not budging. [Market Watch] I'm running out of options: Mother-in-law cannot pay her bills. Watch our video podcast here!

[Housing Wire] Two things most reverse mortgage pros may not know about the expected rate. [Housing Wire] A federal judge allows the majority of a suit against Ginnie Mae to proceed. [Fortune] Many Wall Street investors expect this instead of a hard or soft economic landing. Watch our video podcast here!

[HUD/FHA] HECM applications: Major changes underway [California Mortgage Relief] Time is running out for California homeowners to apply for financial assistance  for property charges [HUD] How vacant HECM properties are sold Watch our video podcast here!

[Housing Wire] U.S. Senator calls for more oversight of HECM mortgage-backed securities program. [RMI] Reverse Market Insight's Market Minute with Jon McCue.. [Journal Courier] Is downsizing worth it in retirement? Watch our video podcast here!

[Cleveland.com] Unable to afford healthcare in retirement? Here are 5 options including a reverse mortgage. [Redfin] Home listings surge in biggest increase in 3 years: Asking prices drop. [CNBC] No Rate Cut: The Fed holds rates steady after hot inflation report. Watch our video podcast here!

[Housing Wire] Parent Company of former HECM lender converts to Chapter 7 [San Jose Mercury News] Elderly woman murdered in a plot that involved a reverse mortgage [Housing Wire] HUD’s proposed budget reveals requested HECM reverse mortgage changes in Congressional request. Watch our video podcast here!