HECM

The Reverse Mortgage Market Index rose to a new peak in Q3 2020. Click through to learn what this means for the industry. The post Senior Housing Wealth Reaches Record $7.82 Trillion appeared first on DSNews.

Find out how much seniors’ housing wealth increased between quarters last year, according to the latest Reverse Mortgage Market Index. The post Senior Housing Wealth Reaches Historic High appeared first on theMReport.com.

The New York legislature has passed a bill that will require lenders to notify the state’s Department of Financial Services (DFS) and mortgagors of impending foreclosure actions against homeowners with reverse mortgages. The post New York Legislature Passes HECM Foreclosure Legislation appeared first on DSNews.