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The biggest challenge for the reverse industry in 2024? Mortgage rates

Housing Wire

That was a repeated idea shared by a group of reverse mortgage professionals when asked to assess what they see as the biggest industry challenges of the year. But despite challenges posed by rates, industry professionals continue to find a way forward. I think that’s true from an industry standpoint.

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Maverix Advisory Group adds Kevin Van Eck as principal

Housing Wire

Maverix Advisory Group has added industry veteran Kevin Van Eck to its leadership roster. Van Eck will assume the role of principal after a 16-year tenure at @properties. With his expertise, were further strengthening our ability to support companies in refining their strategies and accelerating industry-wide adoption.

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Navigating movement in the mortgage industry series: Post-closing matters are important too

Housing Wire

Introduction As part of our ongoing discussion on the concept of movement in the mortgage industry, it is readily apparent that the failure of mortgage companies to pivot or tweak their business models to satisfy changing market and other conditions has resulted in consolidation based on liquidity, buyback, financial and other concerns.

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Maverix Advisory Group appoints York Baur as founding board member

Housing Wire

The company is looking to expand its industry reach and mentor the next generation of proptech innovators. In February, Maverix Advisory Group added industry veteran Kevin Van Eck to its leadership roster, appointing him to the role of principal after a 16-year tenure at @properties.

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How AI is helping property managers meet a challenging market

Housing Wire

The property management landscape is evolving rapidly, with rising costs, shifting renter expectations, and increasing competition pushing industry professionals to rethink strategies. Cybersecurity solutions and secure property management technology are evolving the industrys approach to fraud prevention and data protection.

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Analyst: HMBS 2.0 developments should benefit reverse mortgage industry

Housing Wire

Late last month, Ginnie Mae released a term sheet for one of the most anticipated new developments for the reverse mortgage industry — a new Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) product referred to as “ HMBS 2.0.” I think, as a whole, the industry is reacting pretty favorably to this.

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With lower costs and other value, rural areas are enticing for older homebuyers

Housing Wire

Make sure you research your options, said gerontologist Nancy Schier-Anzelmo, principal in Alzheimers Care Associates in an interview with Yonder. As we get older its hard to make new friends and thats why its important to find your tribe those people who are at the same stage of life and have the same life experience as you do.

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