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Here’s another example of how proprietary loans are driving growth for the reverse mortgage market

Proprietary reverse mortgages, rather than government-insured Home Equity Conversion Mortgages (HECMs), are driving the reverse mortgage industry’s recent growth, according to an analysis of Home Mortgage Disclosure Act (HMDA) data published Wednesday by New View Advisors. Total reverse mortgage vol
Treasuries jolted as Fed hold trims September hike bets

Treasury yields shifted after the Federal Reserve kept interest rates steady, pushing bond traders to pare back their expectations for a hike in September.
ONE Sotheby’s adds $10B luxury broker Julian Johnston

ONE Sotheby’s International Realty has added luxury real estate advisor Julian Johnston, bringing more than $10 billion in career sales and more than $400 million in active listing inventory to the brokerage. Johnston, who specializes in Miami Beach waterfront and ultra-luxury estate properties, joi
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