The Consumer Financial Protection Bureau (CFPB) in December released its 2023 Mortgage Market Activity and Trends report, which included a brief look at activity from the reverse mortgage industry based on Home Mortgage Disclosure Act (HMDA) data from 2023.While the majority of the data largely excl

Mortgage verification services firm Xactus announced this week that it appointed Mike Brown, its former chief integration officer, as its new chief product officer.This hiring underscores the company’s commitment to technology and product innovation. Brown will oversee Xactus’ product life cycle fro

Many retirees have said they rely largely — and sometimes entirely — on Social Security benefits as their primary income stream in retirement. But in instances where these payments may not be enough to make ends meet, other options should be considered — and in the right situation, a reverse mortgag

This week, the Seattle City Council had its first meeting of 2025 and housing was a key topic of discussion. But if the meeting itself was any indication, determining a path forward for the city’s severe housing shortage will be a struggle as elected leaders attempt to ascertain a sustainable plan f