CEO of property preservation company MCS on opportunities in reverse

Property preservation company MCS is entering the reverse mortgage space after its acquisition of Five Brothers Asset Management Solutions, a deal which brings MCS into the reverse mortgage industry for the first time. After performing its due diligence to determine the market status and business op
Read MoreAre 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” as financial planners aim to highlight their uses as part of a comprehensive financial plan in retirement.T
Read MoreBorrowers continue to be resilient as mortgage delinquencies recede

Mortgage delinquencies improved again in February as prepayment activity increased moderately.The national delinquency rate eased to 3.34% in February, down from 3.38% in January, according to an Intercontinental Exchange (ICE) mortgage performance report released Thursday. February’s rate was also
Read MoreWashington state could provide guidance for others on buyer broker agreements

There is no doubt that the cooperative compensation structure changes outlined in the National Association of Realtors’ commission lawsuits settlement agreement will generate massive changes in the real estate industry, but those are not the only changes mandated by the terms of the agreement.Based
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