Reverse mortgage professionals encounter a variety of challenges when introducing product specifications to a prospective customer for the first time.

These elements may include an explanation of how the loan proceeds work, clarifying the realities of negative amortization, or something as basic as communicating to a family member why their loved one is thinking of utilizing the product in the first place.

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The communities engulfed in the Los Angeles-area wildfires continue to recover and pick up the pieces. And representatives of Los Angeles County have signaled they want to provide specific guidance for impacted reverse mortgage borrowers to navigate issues that arise with these loans in disaster areas.

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As homelessness continues to rise nationwide, one nonprofit is pushing for a paradigm shift.

DignityMoves, a San Francisco-based organization, has been leading the charge for what its founder and CEO Elizabeth Funk calls “interim supportive housing.”

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Home prices rose in more than 80% of U.S. metro areas in the first quarter of 2025 — even as affordability remained stretched and fewer markets posted double-digit gains.

According to the National Association of Realtors (NAR), 189 of 228 metro areas (83%) saw year-over-year increases in the median price for existing single-family homes. That’s a slight decline from 89% in the fourth quarter of 2024.

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The Joe Velasco Group — a high-performing Silicon Valley real estate team — has joined Coldwell Banker Realty in Northern California, moving over from Intero Real Estate Services, an affiliate of HomeServices of America.

Velasco, who launched his group in 2011, has built a reputation as one of the top-producing agents in California.

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After last week’s National Reverse Mortgage Lenders Association (NRMLA) Western Regional Meeting in Irvine, California, attendees were generally in high spirits from spending time with their industry colleagues.

But a common topic of discussion among attendees who spoke on-site with HousingWire’s Reverse Mortgage Daily (RMD) was about the session that started the day.

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Digital earnest money solutions company Earnnest is the latest tool available to California Regional MLS (CRMLS) subscribers via the MLS’s REcore dashboard. The firms announced their strategic partnership late last month.

Beginning in June, CRMLS subscribers will have access to Earnnest at no cost, as it will be a core product within the REcore dashboard.

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On Tuesday, the National Reverse Mortgage Lenders Association (NRMLA) held its first dedicated reverse mortgage industry event of the year.

The association’s Western Regional Meeting in Irvine, California, included an estimated 150 registrants from 75 companies around the country and took place in the state that often leads the nation in reverse mortgage volume.

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