WSFS president talks motivation for reverse mortgage survey, potential future action

Last month, Northeast regional lender WSFS Mortgage released the results of a survey that measured reverse mortgage product sentiments. It found that more people seem to be aware of the potential value that a reverse mortgage could provide for older homeowners, including as a tool to age in place an
Read MoreKeller Williams named to yet another profit-sharing lawsuit

Keller Williams was named to an eighth class-action lawsuit that takes issue with alterations made to the brokerage’s profit-sharing program. In the past few weeks, seven agents formerly affiliated with Keller Williams — Jerri Moulder, David Bueker, Robert Hill, Kevin Ortiz, Edward Fordyce, Paul Dav
Read MoreFannie Mae: Prohibited/subjective language in appraisal reports has declined

Fannie Mae this month issued a recent progress report on its ongoing effort to scan appraisal reports for “prohibited or subjective language,” updating stakeholders on a process that began in 2021 to rid appraisal reports and valuation decisions of verbiage that could be construed as contributing to
Read MoreGen X is already looking for housing appropriate for aging in place

Baby boomers are exhibiting an overwhelming desire to age in place in their own homes, but their children — largely members of Generation X — are also making their desires felt by seeking out homes that can accommodate their needs as they get older, according to a recent report from the New York Tim
Read More
Categories
Recent Posts










