FHA rolls out new training modules after long-awaited HECM Handbook publication: The new training details the incorporation of the new HECM section of the Handbook, which the industry had waited years for. The post FHA rolls out new training modules… dlvr.it/T08dN2

Senior-held home equity rises in Q3 to over $13 trillion: New data from NRMLA and RiskSpan shows that senior-held home equity rose to a new record high in Q3 2023, overcoming an early-year lull. The post Senior-held home equity rises in Q3 to over $13… dlvr.it/T0C1Pd

MBA signals more reverse mortgage activity in 2024: Regarding more reverse mortgage involvement from MBA, its President and CEO Robert Broeksmit said it's an area of "increasing focus." The post MBA signals more reverse mortgage activity in 2024… dlvr.it/T0C1Pq

NYSE: Finance of America is not in compliance with continued listing standard: Finance of America's stock has fallen out of compliance with NYSE continued listing standards, but the company will aim to cure the issue. The post NYSE: Finance of America… dlvr.it/T0CCqX

HUD announces $40M investment to support seniors for aging in place: HUD announced a new $40 million NOFO to connect seniors in affordable housing with resources that could help them age in place. The post HUD announces $40M investment to support… dlvr.it/T0K2QM

Senior AARP Foundation attorney talks reverse mortgage monitoring, evolution: A senior AARP Foundation attorney describes HECM issues they're observing, following their entrance into a reverse mortgage lawsuit. The post Senior AARP Foundation attorney… dlvr.it/T0K2QX

Reverse mortgage customers’ bank accounts impacted by sweeping Mr. Cooper data breach: A sweeping cyberattack against Mr. Cooper has exposed the bank account information of more than 30,000 reverse mortgage customers. The post Reverse mortgage… dlvr.it/T0MVDR

Judge recommends denying Celink dismissal in lawsuit recently joined by AARP Foundation: The presiding magistrate judge recommended denying Celink's motion, saying the servicer's attorneys did not provide enough information. The post Judge recommends… dlvr.it/T0MVF6

New CFPB data reveals cash-out refi trends over 10 years, impacts on older borrowers: Cash-out refinances were more likely to appeal to borrowers aged 62 and older, but could present problems for them according to the data. The post New CFPB data… dlvr.it/T0Py5t

HUD counseling proposal receives public agency, counselor support: A rule that would broaden the delivery of HUD-approved counseling to additional modalities features many public comments expressing support. The post HUD counseling proposal receives… dlvr.it/T0Py6Z

Programming Note: Wishing You Happy Holidays from RMD: RMD and HW Media will be closed on December 25, with posting resuming on Tuesday, December 26. The post Programming Note: Wishing You Happy Holidays from RMD appeared first on Reverse Mortgage Daily. dlvr.it/T0SLpD

Gen X faced with severe retirement challenges: Schroders: Gen X is years away from being the dominant reverse mortgage demographic, but data suggests their retirement challenges are already strong. The post Gen X faced with severe retirement… dlvr.it/T0SLpM

These are the biggest reverse mortgage use trends of 2023: The FHA Annual Report detailed the biggest reverse mortgage use trends and demographic information of 2023. The post These are the biggest reverse mortgage use trends of 2023 appeared first on… dlvr.it/T0SLpW

Reverse mortgage professional awarded ‘Ambassador of the Year’ by South Tampa Chamber: Chris Bruser was recognized for helping settle new Chamber members into the organization, forging referral partnerships along the way. The post Reverse mortgage… dlvr.it/T0VP1X

FOA President Kristen Sieffert talks 2023 challenges, giving reverse mortgages ‘a chance’: In a podcast with HousingWire, Kristen Sieffert discusses 2023's reverse mortgage challenges and the value proposition for borrowers. The post FOA President… dlvr.it/T0VP1n

How the top 10 reverse mortgage lenders were remade in 2023: RMD looks back at how the reverse mortgage leaderboard went through a rapid evolution in 2023, reshaping the top players. The post How the top 10 reverse mortgage lenders were remade in 2023… dlvr.it/T0cyhp

Top issues for the reverse mortgage industry in 2024: RMD looks to some of the bigger issues the reverse mortgage industry will likely face in 2024, including trends and product development. The post Top issues for the reverse mortgage industry in 2024… dlvr.it/T0g1mt

Programming note: Happy New Year from RMD: RMD and HW Media will be closed on Jan. 1, 2024 with posting resuming on Tuesday, Jan. 2. The post Programming note: Happy New Year from RMD appeared first on Reverse Mortgage Daily. dlvr.it/T0jQd6

The ups and downs of shifting forward mortgage professionals into reverse: The reverse mortgage product is specialized, so longtime reverse professionals offer thoughts on how to shift more people into reverse. The post The ups and downs of shifting… dlvr.it/T0jfbl

Commentary: Why the reverse mortgage industry needs to stop marketing to ‘seniors’: In a new commentary, Zeb Lowe explores why reverse mortgage professionals overuse the "senior" label, and explains why it should be retired. The post Commentary: Why… dlvr.it/T0ks83