Reverse mortgages

Home equity loans the Federal Housing Administration offers to older borrowers are in a better position now that the government shutdown has temporarily ended.

While most single-family Federal Housing Administration lending is somewhat insulated from the government shutdown, the impasse is doing more to hurt funding in niches like nursing home loans and reverse mortgages.

Liquidity, products and pricing are the main concerns for the secondary mortgage market in 2019.

Class Valuation, a Troy, Mich.-based appraisal management company, acquired Landmark Network, which specializes in providing valuation services for reverse mortgages.

The Federal Housing Administration mortgage loan limit will increase by approximately 7% for next year, mirroring the rise for conforming loans.

A reduction in Ditech Holdings' quarterly net loss fell short of what the company needed to avoid the possibility of another Chapter 11 filing.

The mortgage insurer’s annual actuarial report showed strength in the agency’s capital reserves even though losses in the “home equity conversion mortgage” program are still a problem.

Ditech Holding Corp.'s stock is being delisted from the New York Stock Exchange, and the company is recommitting itself to finding an acquirer or other option that could improve investor value.

Ocwen Financial Corp. recorded a deeper quarterly loss of $40 million after acquiring PHH Corp., but still expects the deal's economies of scale to eventually lower costs and restore profitability.

As the Federal Housing Administration prepares to release its annual actuarial report this month, the industry is questioning how the reverse mortgage program fits into the agency's future.