The Mortgage Bankers Association (MBA) on Tuesday announced the launch of a new member forum dedicated to reverse mortgages and other senior-focused mortgage products.

In this exclusive interview, Cassidy discusses his accomplishments at the agency, his stance on zero-down payment programs and his plans to continue championing the administration's housing agenda from the private sector.

Housing professionals say that many older Americans are staying put because moving no longer makes financial sense.

Top-producing originators like Gabe Bodner are finding an avenue for growth by selling reverse mortgages not as a lifeline of last resort but as a wealth management tool for affluent, asset-rich retirees.

Rep. Nicole Malliotakis proposes the Nest Egg Protection Act to raise the capital gains exclusion to $1M for longtime senior homeowners.

HUD opened a comment period on updating FHA minimum property requirements, including repairs, reinspections and appraisal roles.

Atlantic Avenue led HECM brokers with 938 endorsements in the trailing 12 months as the top 5 companies stayed unchanged through March 2026.

Rather than advancing immediate policy changes, the panel would study financial outlooks and submit recommendations for lawmakers to consider.

Onity Group Inc. won regulatory approval for a revised sale of most of its reverse mortgage servicing rights to Finance of America, the company said Tuesday.

May HECM endorsements fell to 1,967, down 4.7% from April. Mutual of Omaha Mortgage led with 423 and a 21.5% market share.

A new analysis from Investopedia found that a single American who retires at 65 needs roughly $898,000 in savings to fund a comfortable retirement.

Christina Harmes discusses CRMP ethics, emotional intelligence with senior borrowers, and outreach that drives HECM for Purchase volume.

Combined employer and employee contributions for 401(k) savers hit 14.4%, approaching Fidelity’s suggested 15% target.

Longbridge will use Friday Harbor AI to review reverse mortgage borrower documents, flagging issues earlier with human oversight.

While most homeowners use a reverse mortgage to eliminate their monthly payments, adjustable-rate HECMs offer the hidden flexibility of making voluntary prepayments without penalty. These optional payments not only shrink the loan balance and build home equity, but they also increase the available line of credit dollar-for-dollar, providing retirees with valuable future liquidity.

House Bill 2120 would place shared appreciation agreements under the same statutory safeguards as other home-secured financial products.

New Medicaid rule will cap home equity at $1 million for long-term care eligibility beginning in 2028, potentially affecting senior homeowners.

Smartfi Home Loans introduced Choice Service, a 50-bps rate reduction on its proprietary reverse mortgage for eligible veterans.

Atlas VMS says 8.3% of HECM loans needed a second appraisal in Q1 2026 versus 10.4% in Q4 2025, adding cost and time.

State HEI legislation is expanding as Maine sets standards, Illinois updates licensing and other states debate whether HEIs are loans.

65-and-older households now spend about $122,000 annually, compared with roughly $60,000 in 2000, according to survey data.

Industry group CHEP says the move makes Illinois the leading state model for governance of HEIs and could accelerate efforts toward more uniform national standards.

The assessment was critical of a plan championed by Sens. Bill Cassidy, a Louisiana Republican, and Tim Kaine, a Virginia Democrat.

The average monthly benefit for retired workers is projected to rise from $2,081.16 to $2,162.33, based on April 2026 figures.

NRMLA’s Steve Irwin says high rates, rising upfront costs and longer timelines are pressuring reverse mortgages even as tech advances.

At last week’s Reverse Mastermind Summit in Tennessee, Luddy took the stage to offer in-depth advice for loan officers who are new to the segment or attempting to grow their business.

HUD OIG audit says 1,237 HECM borrowers may see LESA funds depleted about six years early, with up to $258 million at risk.

Bruce Simmons talked about reverse mortgage sales habits, goal setting, time blocking and why 80% of sales need at least five follow-ups.

At a time when some reverse mortgage lenders are struggling to bring new business through the door, Movement Mortgage is an example of a company that’s posting modest growth through organic lead generation and purpose-driven leadership.

Financial advisers and housing experts warn that many older homeowners may be counting too heavily on their homes as retirement safety nets.