Senior-Held Home Equity Surges to $12.7 Trillion in Q2 2023, Rebounding from Previous Decline
In a positive turnaround, senior-held home equity witnessed an impressive resurgence in the second quarter of 2023, surging by $820 billion to reach a total[more...]
Embracing the AI Revolution: How Advanced Algorithms Could Transform the Reverse Mortgage Industry
The continuous evolution of advanced algorithms, often referred to as "artificial intelligence" (AI), is a topic of significant disruption within the technology sector. Giant multinational[more...]
Retirement Savings Challenges: 22% of Americans Report No Contributions in Past Year, Bankrate Survey Finds
A recent survey conducted by Bankrate has shed light on the retirement savings habits of American workers, revealing that nearly a quarter of them have[more...]
Government Strikes Last-Minute Deal to Extend Reverse Mortgage Industry’s Lifeline
In a surprising turn of events, Congress reached a funding agreement mere hours before a critical deadline, effectively extending government support for the reverse mortgage[more...]
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