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#hecm-mortgage-insurance-reform #reverse-mortgage-pricing #refinancing-practices
Real estate
fromwww.housingwire.com
3 days ago

Loren Riddick on reverse refi churning, HECM misconceptions

HECM mortgage insurance premiums should be restructured to better align with actual risk, particularly reducing upfront costs for low-LTV line-of-credit scenarios while addressing unnecessary refinancing practices.
US politics
fromwww.housingwire.com
6 months ago

MBA CEO Bob Broeksmit calls for credit score modernization

Efforts are underway to lower costs of credit reports and scores through increased competition and potential reforms in the mortgage underwriting process.
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