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HECM: On The Ropes

Beset by uncertainty in the housing market, the Home Equity Conversion Mortgage Program (HECM) is losing money and cannot continue on in its present form. To make the ...

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AMDC Announces New Leadership

The American Mortgage Diversity Council recently announced co-chair Kathy Cummings to their leadership to continue AMDC’s mission of creating a diverse and inclusive mortgage industry.

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Corralling the Collateral Chaos

Despite the risks that come along with document management, it rarely gets the attention it deserves. In what ways can lenders ensure they aren’t neglecting this integral part of the process?

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Adjusting to Economic Imbalances

As the economic cycle matures, it will become more important to pay attention to imbalances in the economy. We spoke to one expert on what to expect when the supply isn’t meeting demands.

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Attention All HELOC Issuers: Please Report to CFPB

The CFPB announced Thursday that the Home Mortgage Disclosure Act (HMDA), enacted in 1975, has been temporarily changed for banks and credit unions that offer Home Equity Lines of Credit. Take a look at some of the changes that were made in the final ruling.

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Same Story, Different Stats

While “girls rule the world” may be a popular battle cry, the chasm continues. And the newest rift is affecting single women, who amass less home equity than single men, a new study finds. So just how much are women losing out?

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Seniors Overreaching

Mortgage Risk

In a recent brief the Consumer Financial Protection Bureau (CFPB) examined the financial tradeoffs of entering into a reverse mortgage at the age of 62.

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