Reverse mortgages a saving grace for non-bank originators

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EPISODE #747
Lenders who diversify product offerings more likely to survive market fallout & lender consolidation

[Housing Wire] Up to 30% of the 1,000 largest independent mortgage banks are projected to disappear by the end of 2023 via sales, mergers, or failures in the wake of the double whammy of still-rising inflation and interest rates. One asset group company is focusing on working with nonbank originators to offer additional asset classes such as HELOCs, second-liens, or reverse mortgages…

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A closer look at September’s HECM Endorsement data

Fannie Mae dark days ahead for housing market

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EPISODE #743
Moodys says these 210 housing markets could crash 25-30%

[Fortune] “Moody’s Analytics expects that U.S. home price decline to widen to between 25% to 30% in 210 “significantly overvalued” housing markets.

Other Stories:

  • Homebuilder sell-off to impact neighborhood home values

  • A closer look at September’s HECM Endorsement data

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