Washington, D.C., council members are leaning into a growing national trend by relaxing single-stairway rules to cut the cost of building small and mid-rise housing. On Tuesday, the D.C. Council unanimously advanced the One Front Door Act. If it passes on second reading, the maximum height for resid

U.S. reverse mortgage endorsements rose sharply in March following subdued activity in February, but overall volume remains down compared with recent months, according to data released Wednesday by Reverse Market Insight (RMI). Home Equity Conversion Mortgage (HECM) endorsements increased 16.3% in M

Finance of America (FOA) on Thursday introduced HomeSafe Second Line of Credit, a second-lien reverse mortgage line of credit now available in California that lets homeowners 55 and older tap home equity over time without refinancing or taking on a new required monthly mortgage payment. The product,