HECM endorsements, HMBS issuance see relatively little movement to start 2025

The reverse mortgage industry was more than ready to turn the corner from the tumult of 2024. And the first month of 2025 brought technical positivity in key performance metrics while still remaining relatively unchanged overall.Home Equity Conversion Mortgage (HECM) endorsements increased by 0.6% f
Read MoreFamily caregivers who support older relatives are on the rise due to aging-in-place preferences

The number of family caregivers who support older relatives in either home-based or residential care settings increased by 32% between 2011 and 2022 — a sharp rise that can be attributed to an increase in the number of caregivers living with recipients. Researchers also say this could be partially t
Read MoreForeclosures are drying up — and it’s showing in sales data

Foreclosure activity has declined significantly since the housing crisis of the late 2000s, and distressed home marketplace Auction.com reported this week that it expects the number of foreclosure-auction sales in 2025 to drop to the second-lowest total on record.California-based Auction.com publish
Read MoreRedfin: Single people struggle the most in today’s housing market

Expensive mortgages, rents and other housing expenses are already challenging for many Americans. But facing things alone presents a bigger challenge for single individuals, according to a report released Wednesday by Redfin.The report from the Seattle-based real estate brokerage highlighted househo
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