There is likely to be a “modest” amount of excess home supply driven by demographic changes as older homeowners move out of their homes or die. But the aging U.S. population is not expected to be an outright source of change to home-price projections over the next 10 years, according to a newly updated report…
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Jim Cory, managing director of reverse mortgages at Guild Mortgage, has been in the industry for the better part of three decades. He is a longtime member of the National Reverse Mortgage Lenders Association (NRMLA), and he was recently elected as its co-chair alongside Mike Kent of PHH Mortgage Corp. Cory first joined the association…
Mortgage professionals can expect a transformed regulatory environment for the financial sector as Donald Trump returns to the White House in January. This includes an increased likelihood of Fannie Mae and Freddie Mac being released from conservatorship along with immediate shifts in agency leadership, analysts said. “Trump win is a regulatory game changer that likely includes…
A lot has been said during this election cycle about housing affordability as a potential difference-maker, with both major party presidential candidates giving more attention to housing issues than in other recent campaigns. But now that the results have largely been tabulated, voters appeared to back more basic economic concerns rather than issues related to…