Chris Clow

Editor Chris Clow discusses the CFPB's focus on reverse lending and servicing, including recent actions against a reverse servicer. Topics include AI's impact on mortgage jobs, communication challenges in servicing reverse mortgages for older borrowers, and the rise of reverse mortgages in New Zealand as a solution to escalating living expenses for retirees.

Editor Chris Clow discusses the new bipartisan Real Estate Caucus in Congress and its goals. They also cover the latest in the reverse mortgage industry, including challenges faced by VA borrowers and updates in reverse mortgage counseling during the pandemic.

Chris Clow, Editor at HousingWire, discusses potential housing legislation and regulation in this election year, including taxation changes and federal incentives to boost housing supply. The podcast explores the impact of housing issues on the upcoming elections and the approaches of the Biden and Trump administrations. It also delves into mortgage rates, refinance booms, fair lending policies, CFPB's role, and the potential for passing recent housing legislation. Finally, it emphasizes the need for bipartisan support in prioritizing housing initiatives and the potential for housing to unite people in Washington.