Mortgage

HECM endorsements climb even as securitization slips

Endorsements of Home Equity Conversion Mortgages climbed higher in June, while securitization volume shrank, painting a mixed picture of the latest HECM trends. Processing...

Kevin Warsh Throws Cold Water on Lower Mortgage Rates

Be careful what you wish for when you nominate someone to accomplish a specific task.It’s no secret that President Donald Trump selected Kevin...

Canada’s economy set for second quarter rebound, breaking slump

Canada’s economy is set to rebound sharply in the second quarter amid a spike in oil production, breaking a half-year of stagnation.

SMSF Borrowing Rules Explained: Your Guide to LRBAs

A growing number of Australians are taking advantage of Self-Managed Super Funds (SMSF) to finance their retirements. As at June 2024, there were more...

Customers slam Hometap with a wave of class action lawsuits

Home equity investment platform Hometap is facing a surge of litigation from its customers over its shared-appreciation contract product that litigants describe as...