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Out-of-State Relocations for Retirees at Five-Year High

Nearly 400,000 American retirees moved their residences during 2020, the highest number in five years. According to a data study by the moving services website HigherAHelper.com analyzing the latest U.S. Census Bureau’s Current Population Survey, the number of relocating retirees ...

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HECM Volume Up 37.5% in 2020

Fitch Ratings

Home Equity Conversion Mortgage (HECM) endorsements were up 15.1% year-over-year in December to 4,097 loans, according to new data from Reverse Market Insight. For calendar year 2020, HECM volume recorded an annualized increase of 37.5% to 44,661 loans. Eight of ...

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Brandon McGee Joins BSI Financial as VP

In his new role, McGee will be responsible for the company’s MSR and portfolio acquisitions and overseeing and supporting the day-to-day management of the company’s growing servicing portfolio.

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Anniversary and Additions at the CFPB

home point financial welcomes new hires

The Consumer Financial Protection Bureau (CFPB) announced, in a press release, the addition of both a Deputy Chief of Staff and an Assistant Director for the Office of Innovation. Ann Epstein will serve as the Assistant Director of the Office ...

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