Mortgage

Retirement confidence declines as worries grow over Social Security, rising expenses

Sixty-four percent of Americans say they feel confident they have enough money to live comfortably throughout retirement — down from last year — according to the Employee Benefit Research Institute (EBRI)’s 2026 Retirement Confidence Survey. The 36th annual survey, conducted online in January, is jointly produced by EBRI and Greenwald Research. Worker confidence fell to […]

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Reverse Focus co-founder Shannon Hicks to join HighTechLending

Reverse Focus co-founder and longtime HECMWorld editor Shannon Hicks announced Thursday that he will leave the reverse mortgage technology and media firm on May 1 to become chief content officer at HighTechLending. Hicks has spent the past 15 years helping to build HECMWorld into an education and marketing platform focused on Home Equity Conversion Mortgages

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Lawmakers target retirement gaps facing family caregivers

A bipartisan group of lawmakers is advancing multiple pieces of legislation designed to strengthen retirement savings options for millions of unpaid family caregivers. Two companion bills introduced in the House and Senate would modify retirement account rules to better reflect the realities caregivers face. Under one proposal, the Improving Retirement Security for Family Caregivers Act,

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FSBO.com launches loan officer portal for consumer-directed listings

FSBO.com on Wednesday announced the launch of a new loan officer portal designed to integrate mortgage professionals earlier into the for-sale-by-owner (FSBO) home selling process, as the company looks to create a more structured and collaborative transaction model. The platform allows loan officers to assist sellers with listing creation, marketing and buyer screening, while also

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Mortgage industry welcomes new credit score models, urges further reform

The majority of mortgage industry trade groups and professionals reacted in a supportive but pragmatic way following an announcement from federal housing agencies that detailed moves to modernize mortgage underwriting by introducing newer credit scoring models. They largely welcomed the shift while emphasizing that the real test will be in execution and follow-through. The announcement

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FHFA launches VantageScore 4.0 pilot; HUD signals FICO 10T for FHA

Federal agencies on Wednesday took steps to bring newer credit scoring models into the mortgage underwriting process, marking a significant shift in how borrower risk is evaluated. U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner announced the adoption of FICO 10T and VantageScore 4.0 for Federal Housing Administration (FHA) loans in the

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NAMB, Chenoa Fund partner on down payment assistance access

The National Association of Mortgage Brokers (NAMB) has formed a partnership with the Chenoa Fund, a down payment assistance program, to help mortgage brokers better serve first-time and underserved homebuyers who struggle with upfront homebuying costs, the organizations announced on Wednesday. Through the collaboration, NAMB members will gain enhanced access to Chenoa Fund programs, tools

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Castlelake expands mortgage credit platform with Resfin Partners acquisition

Asset manager Castlelake has acquired a majority ownership stake in Resfin Partners, the parent company of mortgage correspondent business Eastview and lender to residential real estate investor Lendmarq, the firm announced on Wednesday. Over a multiyear relationship, Castlelake has acquired more than 4,000 senior structured loans from Eastview and Lendmarq, representing more than $2 billion

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Two Harbors hit with shareholder lawsuit over CCM acquisition

Shareholder Michael Koblentz filed another lawsuit against Two Harbors Investment Corp. and its board of directors, alleging violations of the Securities Exchange Act tied to the company’s pending acquisition by CrossCountry Intermediate Holdco (CCM). Koblentz previously filed a similar suit targeting Two Harbors’ original merger agreement with UWM Holdings Corp. (UWMC), which was closed after

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Senate questions Warsh on $100M-plus holdings and Fed ethics

Kevin Warsh, President Donald Trump’s nominee to serve as the 17th chairman of the Federal Reserve, faced sharp questioning from senators on Tuesday at his confirmation hearing. Warsh asserted that he would not be the president’s “sock puppet” when determining interest rate decisions. Warsh, a former Fed governor who served during the 2008 financial crisis,

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