Reverse mortgage industry performance metrics continued their 2025 softness on the basis of endorsement volume and securities issuance, February data shows. Home Equity Conversion Mortgage (HECM) endorsements and HECM-backed securities (HMBS) issuance saw declines in February, although the number of

Fresh off a marathon confirmation hearing to assess the fitness of four Trump administration appointees, Sen. Elizabeth Warren (D-Mass.) is castigating each of the candidates after reviewing their answers to her questionnaires. This comes as the Senate banking committee on Thursday advanced the nomi

A group of 25 Canadian nationals have been charged in what the U.S. Attorney for the District of Vermont is referring to as a “grandparent scam” that allegedly defrauded older U.S. citizens across 41 states. 23 of the alleged participants were arrested in Canada on Tuesday, according to an announcem

All eyes are on the jobs report tomorrow after a string of weak economic reports over the last week. Large-scale layoffs of government workers, President Trump’s back-and-forth tariff policies and a negative forecast for first-quarter GDP have sparked questions about a recession and how that would i