South River president on 2024 reverse mortgage industry’s competitive landscape

Top 10 reverse mortgage industry lender South River Mortgage is aiming to focus on its strengths.…

FHFA grants conditional approval for Freddie Mac second mortgage pilot

The program is only for primary residences and the first mortgage must have a minimum seasoning…

Point, Atalaya Capital close on $141M securitization

Home equity fintech lender Point, in collaboration with its long-time financing partner Atalaya Capital Management, has…

Calque expands its Trade-In Mortgage offering 

Calque, a company that partners with lenders to offer non-contingent mortgages to homebuyers, has announced new…

‘Not HELOC. Not piggyback.’ Freddie Mac exec defends new product proposal amid resistance

“What we are bringing forward, called closed-end second lien, assuming a FHFA approval, will provide them…

Steve Resch talks about financial planner relationships for reverse lenders

Steve Resch, vice president of retirement strategies at leading reverse mortgage industry lender Finance of America,…

Fintech startup Hitch rolls out white-label HELOC product

New York City-based fintech startup Hitch announced the launch of its Hitch Home Equity White Label…

Michael Bremer joins Calque as CEO

Calque, a company that partners with lenders to offer non-contingent mortgages to homebuyers, has appointed Michael…

Senior-held home equity falls to $12.84 trillion in Q4 2023

Homeowners 62 and older saw their collective home equity levels drop in the fourth quarter of…