Demand that is awakened — lit by a flame, chasing a well-deserved dream home — is fundamentally different from demand sparked by being a rental refugee, where the walls have closed in and every monthly payment feels like a frittered-away sum that could have done more. Serving both customers today increasingly looks like operating in…
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Reverse mortgage professionals struggling with consumer hesitation may find their most effective entry point isn’t home equity, but rather Social Security. That was the message from Thomas Drapala, director of strategic partnerships at the National Association of Registered Social Security Analysts (NARSSA), who on Thursday led a webinar hosted by the National Reverse Mortgage Lenders…
New York-based Tradeweb Markets Inc., operator of electronic trading platforms, has made a strategic investment in and finalized a commercial partnership with digital mortgage exchange MAXEX. Financial terms of the transaction were not disclosed. The collaboration is designed to broaden institutional access to the U.S. residential mortgage market, connecting Tradeweb’s global network of more than…
The Housing for the 21st Century Act — a sweeping housing reform package moving through Congress — is the boldest step yet in a broad federal push to increase housing supply and improve affordability. The legislation directs the U.S. Department of Housing and Urban Development (HUD) to publish “best practices” for states and local governments…