Acting Ginnie Mae president comments on ’HMBS 2.0’

Ginnie Mae, which manages the government-guaranteed portfolio of forward and reverse mortgage-backed securities (MBS), announced this week at a National Reverse Mortgage Lenders Association (NRMLA) event that it will release initial details of its forthcoming Home Equity Conversion Mortgage-backed S
Read MoreLenders file class-action lawsuit against Equifax, citing monopoly in work number product

Mortgage lenders First Financial Lending and Greystone Mortgage filed a class-action-seeking lawsuit this week accusing credit reporting agency Equifax of maintaining a monopoly in the market for electronic income and employment verification (VOIE). The case is tied to a strong increase in the cos
Read MoreMarch reverse mortgage data shows retail outpaced wholesale

Home Equity Conversion Mortgage (HECM) endorsements declined by 4.2% in March, a dynamic primarily driven by an drop in endorsements from the wholesale side of the business even as the retail side saw a month-over-month improvement in originations. This is according to data compiled by Reverse Marke
Read MoreCan you have a “presence” on Instagram without being “present”

“Wait, you mean I don’t have to live on Instagram all day for it to work for me?”Yes. It is entirely possible! In the fast-paced world of social media, maintaining an active presence on platforms like Instagram can be both a blessing and a burden. As Realtors and entrepreneurs, we strive to stay rel
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