"2025" Archives

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How reverse mortgage pros will seek to connect with clients in 2025

The reverse mortgage industry has long sought to streamline and maximize its ongoing efforts to connect with prospective borrowers. After a challenging year for the mortgage industry broadly and the reverse mortgage business specifically, companies are aiming to assess the best ways to accomplish these ongoing goals. Several reverse mortgage industry professionals who spoke with…

HUD announces $12B in long-term disaster assistance across 24 states

The U.S. Department of Housing and Urban Development (HUD) on Tuesday announced the allocation of nearly $12 billion in Community Development Block Grant-Disaster Recovery (CDBG-DR) funds for communities across 24 U.S. states and territories. This money is designed to go toward long-term recovery efforts for communities impacted by recent natural disasters. The announcement — made…