How the Trump administration could impact the appraisal industry

Life after the 2008 financial crisis hasn’t been kind to the appraisal industry. Stagnant pay and increasingly shorter turnaround times have prompted tens of thousands to leave the profession, and the presence of appraisal management companies (AMCs) has rankled industry veterans.The tension between
Read MoreGinnie Mae releases final term sheet for HMBS 2.0

Ginnie Mae on Monday released a final term sheet for its new, complementary Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) program referred to as “HMBS 2.0.”Ginnie Mae has been developing the final term sheet in consultation with reverse mortgage industry stakeholders and comments s
Read MoreRetirees are stressed about spending their savings, study finds

After spending their entire career in the “accumulation” phase of wealth building, retirees who then have to transition into the “decumulation” phase — spending down their assets with no additional employment income — is a source of stress for nearly half of American retirees. This is according to a
Read MoreWill the Elon Musk-led DOGE be a blunder or blessing for housing? Experts lean positive

Ever since president-elect Donald Trump announced his appointment of onetime Republican presidential candidate Vivek Ramaswamy and Tesla CEO Elon Musk to co-lead a new “Department of Government Efficiency,“ housing agencies have been on edge.The soon-to-be-created department is ironically referred t
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