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HECM lenders began the year on an upswing, with endorsements industry-wide increasing by 10.5% on a monthly basis in January, according to Reverse Market Insight. Numbers also grew across the majority of the top 10 reverse mortgage…
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While strongly encouraging mortgage servicer participation in Homeowner Assistance Fund programs, a supervisory official at the Consumer Financial Protection Bureau has laid out specific responsibilities for those that do, and warned that…
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Tomorrow, the Fed is expected to raise the target federal funds rate by 0.25%, the first such increase since December 2018. The move has been telegraphed for months, if not longer, so it will come as no surprise to just about anyone. It…
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