The “Cephas bill” aims to protect seniors from predatory lending and preserve generational wealth through required in-person counseling.| HousingWire
The MISMO reverse workgroup sees recently completed work as a “bridge to the mainland” for mortgage tech, according to its chair.| HousingWire
George Morales describes the work ahead for the MISMO workgroup, which hopes to expand reverse mortgage industry accessibility.| HousingWire
At NRMLA Annual, reverse mortgage industry leaders praised the engagement of FHA, Ginnie Mae and officials like Julia Gordon.| HousingWire
A MISMO working group is targeting January 2025 for a new reverse mortgage standard, according to Mortgage Cadence.| HousingWire
The Federal National Mortgage Association, commonly known as Fannie Mae, is a government-sponsored enterprise (GSE) that was formed during the Great Depression as part of President Franklin D. Roosevelt’s New Deal. Its purpose is to expand the secondary mortgage market by securitizing mortgage loans in the form of mortgage-backed securities (MBS). In the wake of […]| HousingWire