HECM for Purchase has been grounded. Reverse mortgage pros are trying to give it wings

Home Equity Conversion Mortgages (HECMs) have long been the gold standard product set for reverse mortgage originators, but they became a minority share of the market earlier this year as proprietary loan volume exceeded HECM volume in the first quarter of 2026. While private-label reverse mortgages

Bill Pulte Asks Congress to Give FHFA Direct Authority To Prosecute Mortgage Fraud

The Federal Housing Finance Agency has called for broader authority to prosecute suspected mortgage fraud—even as Director Bill Pulte's actions have landed scrutiny from the Government Accountability Office. The FHFA has asked Congress for statutory authority to bring enforcement actions for mortgag

Jessica Edgerton’s plan for CMLS amid MLS uncertainty

Jessica Edgerton is taking the reins of the Council of MLSs (CMLS) at a time when the industry is grappling with countless questions regarding its purpose, identity and future utility. And while this may cause some to high tail it in the opposite direction, Edgerton said this is exactly why she deci

Tepid spring selling, strong headwinds buffet builder confidence

The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index released on Monday found that homebuilder confidence remained low, falling two points to 35 in June. This marked the 14th straight month that confidence was below 40, the longest streak NAHB has recorded since 2011 to