Reverse mortgage volume rose in July while securitizations fell

The reverse mortgage industry’s key performance indicators were split in July, according to data from industry analysts.Home Equity Conversion Mortgage (HECM) endorsements increased by 8% from June to July, with the total of 2,274 falling reasonably in line with Federal Housing Administration (FHA)

Inside Olympics Darlings Hunter Woodhall and Tara Davis-Woodhall’s Booming Real Estate Portfolio

Realtor.com (4); Patrick Smith/Getty ImagesHunter Woodhall and wife Tara Davis-Woodhall are the darlings of the Paris Olympics, captivating the world with their adorable displays of affection—and stellar athletic skills.On Thursday, Davis-Woodhall, 25, achieved a goal that most can only dream of: wi

Why a reverse mortgage could be viable in a ‘gray divorce’ situation

“Gray divorce” — referring to the decision of a married couple over the age of 50 to separate — is a growing phenomenon. According to a 2022 study published in the Journals of Gerontology, the rate of divorce among those ages 50 and older has doubled since 1990 and has tripled for those 65 or older.

Realtor.com revenue falls as the portal wars heat up

As the portal wars have heated up, Realtor.com’s revenue has cooled off. During the fiscal year fourth quarter Move, Inc., the parent company of Realtor.com, recorded a 2% annual decrease in revenue to $143 million, according to an announcement on Thursday. NewsCorp, the parent company of Move, attr