Author: RMN
Administrator.
Government Shutdown Impacts Housing Programs — Financial Regulators Remain Operational
As the federal government shutdown continues, significant impacts are beginning to emerge across key housing agencies and programs. While financial regulators remain fully operational, many[more...]
Are There Consequences If I Use My 401(k) to Save My Mom’s Home with a Reverse Mortgage?
Scenario:A 65-year-old adult wants to use funds from their 401(k) or future Required Minimum Distributions (RMDs) to pay off their mother’s reverse mortgage. The mother[more...]
HUD Seeks Public Input on the Future of HECM and HMBS Programs
The U.S. Department of Housing and Urban Development (HUD) is asking industry stakeholders, consumer advocates, and the public to weigh in on the future of[more...]
Better.com Appoints Leah Price to Lead Tinman® AI Platform, Targets Disruption of Legacy Mortgage Software
New York, NY — Better Home & Finance (NASDAQ: BETR), parent company of Better.com, has named industry veteran Leah Price to lead its Tinman® AI[more...]
Longbridge Financial Adopts One Diligence AI to Elevate Loan Servicing Accuracy and Efficiency
Longbridge Financial has integrated the AI-driven platform from One Diligence to modernize its loan servicing operations—achieving a 60% reduction in common data errors and meaningfully[more...]
Single-Purpose Reverse Mortgage: What It Is, How It Works, and When It Makes Sense
For many older homeowners, years of paying down a mortgage — combined with rising property values — have created a powerful financial asset: home equity.[more...]
Fairway Home Mortgage Appoints Haley Parker as President of Elevate and Head of Business Development – West
MADISON, Wis. — October 6, 2025 — Fairway Home Mortgage has named Haley Parker as President of Elevate and Head of Business Development – West,[more...]
Government Shutdown Freezes New HECM Endorsements, Payments Continue
The federal government shutdown has brought the endorsement of new Home Equity Conversion Mortgages (HECMs) to a standstill, though existing borrowers will continue receiving their[more...]
American Senior Lending Launches EquitySelect™ — A First-of-Its-Kind Nonrecourse Home Equity Loan for Retirees
IRVINE, Calif. — September 17, 2025 — American Senior Lending (ASL), a national leader in retirement-focused home equity solutions, today announced the launch of EquitySelect™,[more...]
Fairway Moves Deeper Into AI with OpenAI Partnership, Names New EVP to Lead Initiative
Fairway Independent Mortgage Corporation is making a decisive move into artificial intelligence, announcing a new strategic partnership with OpenAI — the research company behind ChatGPT.[more...]
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