Industry keeps up pressure on CFPB over QMHousingWire (Friday, 27 April) - A group of 22 industry trade associations sent a fresh letter to the CFPB, lobbying for a safe harbor provision under the upcoming Qualified Mortgage rule.read more...
Fidelity Study Shows 44% Income Gap for RetireesLegacy Reverse Mortgage (Friday, 27 April) - Fidelity Investments estimates that the typical retiree’s income will fall more than 40% short of what they need for living expenses. Here's a little more in-depth insight into this recently...
Friday Round Up: MetLife Quits Reverse MortgagesReverse Mortgage Daily (Friday, 27 April) - In case you missed it, here’s what happened in reverse mortgage news this week. MetLife exited the reverse mortgage business. In an announcement Thursday, MetLife stated its decision to leave...
Fitch: CMBS default rate nears 13%HousingWire (Friday, 27 April) - Fitch Ratings reported 12.96% of the $564 billion fixed-rate CMBS market went into default in the first quarter, but problem loans could be stabilizing.read more...
GDP report mixed for U.S. householdsHousingWire (Friday, 27 April) - Real gross domestic product increased at an annual rate of 2.2%, though households were only able to increase their spending at that pace by running down their savings rate to...
HousingWire (Friday, 27 April) - A group of 22 industry trade associations sent a fresh letter to the CFPB, lobbying for a safe harbor provision under the upcoming Qualified Mortgage rule.read more... Legacy Reverse Mortgage (Friday, 27 April) - Fidelity Investments estimates that the typical retiree’s income will fall more than 40% short of what they need for living expenses. Here's a little more in-depth insight into this recently...
Reverse Mortgage Daily (Friday, 27 April) - Genworth Financial Home Equity Access (GFHEA) announced today that the company will accept applications from new reverse mortgage partners without requiring an application package to be generated through its GFHEA...
USNews (Friday, 27 April) - Program’s modest financial fix can be handled separately, and action would send a powerful message....
R.M. Site (Friday, 27 April) - Although 1 could commence saving funds early for retirement, a number of concerns can usually come up more than time [...]...
