Reverse mortgage endorsements, securities issuance fell in February

Reverse mortgage industry performance metrics continued their 2025 softness on the basis of endorsement volume and securities issuance, February data shows.Home Equity Conversion Mortgage (HECM) endorsements and HECM-backed securities (HMBS) issuance saw declines in February, although the number of

Warren blasts CFPB, FHFA nominees as they advance to Senate confirmation votes

Fresh off a marathon confirmation hearing to assess the fitness of four Trump administration appointees, Sen. Elizabeth Warren (D-Mass.) is castigating each of the candidates after reviewing their answers to her questionnaires.This comes as the Senate banking committee on Thursday advanced the nomin

25 Canadians charged in ‘grandparent scam’ targeting U.S. seniors

A group of 25 Canadian nationals have been charged in what the U.S. Attorney for the District of Vermont is referring to as a “grandparent scam” that allegedly defrauded older U.S. citizens across 41 states.23 of the alleged participants were arrested in Canada on Tuesday, according to an announceme