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How non-QM loans boost mortgage originator for success in 2025

Housing Wire

The importance preparing yourself with non-QM options The mortgage industry is fickle. Luck and success favor the prepared and that fact remains in the mortgage industry. Beyond that, Deephaven allows up to 3% seller concessions at closing. Supply chain issues and other factors can raise national interest rates.

Loans 301
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Reverse purchase financing: The financing option no one is talking about

Housing Wire

The HECM for Purchase is not a refinancing tool; it is not akin to a Home Equity Line of Credit ( HELOC ). And after years of advertisements and TV commercials promoting the benefits of better-known reverse mortgage loan uses like continuing to live in your current home while tapping your home equity, 4 who could blame them?

Finance 458
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Reverse mortgage volume, HMBS issuance see improvement in March

Housing Wire

After a few months of downward data in its performance metrics, the reverse mortgage industry saw a slightly different story play out in March that should come as welcome news. Home Equity Conversion Mortgage (HECM) endorsements increased 8.3% to 3,237,” according to the commentary accompanying RMI’s March data.

Mortgages 430
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Reverse mortgage volume, securities issuance fall in February

Housing Wire

Home Equity Conversion Mortgage (HECM) endorsements fell 11.8% Industry remains optimistic Every tracked geographic region recorded lower volume in February, but the largest — Pacific/Hawaii — recorded the least severe drop of 6.2%, according to RMI. Secondly, the Southwest also held up relatively well among the top three.”

Mortgages 436
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Reverse mortgage volume, HMBS issuance fall slightly in January

Housing Wire

With ongoing liquidity challenges and a continuing lag in Home Equity Conversion Mortgage (HECM) case numbers, reverse mortgage business in 2024 started off with a bit of a whimper. There’s always been a seasonality to the industry where the holidays are significantly slower than immediately before and after.” billion. “The

Mortgages 409
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How Much Should I Budget to Sell My House? Here’s the Average Cost

HomeLight

We detail what costs you’re likely to incur and what sellers pay on average. Kentucky-based Dianna Caldwell , a seasoned agent with 16 years of industry experience under her belt, gave us a rundown of seller costs and what homeowners should budget before they sit down to the closing table. Cost to seller. < 1%.

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What Is an Appraisal Gap? How It Works and What Buyers Should Know

Redfin

This protects both buyers and lenders —buyers avoid overpaying and starting with negative equity, while lenders ensure the home is valuable enough to back the loan. In contrast, properties near busy roads, industrial areas, or those with limited access to local conveniences may appraise for less. >>Read: