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high property taxes
Housing Wire

Financial planner: Reverse mortgages can help retirees with high property taxes

April 18, 2024 Mariel Alumit Comments Off on Financial planner: Reverse mortgages can help retirees with high property taxes

​ A retired public school teacher living in the Pacific Northwest told MarketWatch that he is feeling stressed by high property taxes on a fixed income and asks if he would be a good candidate […]

Reverse mortgages
Housing Wire

Reuters: Reverse mortgages can help caregivers avoid ‘raiding’ savings

April 16, 2024 Mariel Alumit Comments Off on Reuters: Reverse mortgages can help caregivers avoid ‘raiding’ savings

​ As older people increasingly express their preference to age in place in their own homes, family members will oftentimes be required to provide some semblance of care for their loved ones in later life. […]

reverse mortgages
Housing Wire

What a tech entrepreneur has discovered about reverse mortgages

March 29, 2024 Mariel Alumit Comments Off on What a tech entrepreneur has discovered about reverse mortgages

​ Anna Frankowska was recognized in 2017 as one of Forbes’ “30 Under 30” in Europe, having studied economics in London before moving to work in investment banking. A passion for technology led her to […]

reverse mortgages
Housing Wire

Are reverse mortgages the most underutilized retirement tool?

March 25, 2024 Mariel Alumit Comments Off on Are reverse mortgages the most underutilized retirement tool?

​ Home equity levels among homeowners aged 62 and older are at record levels following the end of the pandemic. As a result, reverse mortgages may no longer be considered a “loan of last resort” […]

Lisa Moriello
Housing Wire

Lisa Moriello talks tech, 2024 HECM limit and openness to reverse mortgages

March 15, 2024 Mariel Alumit Comments Off on Lisa Moriello talks tech, 2024 HECM limit and openness to reverse mortgages

​ Lisa Moriello, the national retail reverse mortgage sales manager at multichannel lender loanDepot, recently spoke to RMD about how business in 2024 seemed to be off to a promising start. Diving deeper into the […]

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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