Reverse mortgage case numbers reach two-year high pointHECM endorsements increased by 11.3% in October 2024, signaling market recovery.Case number assignments rose significantly, indicating potential future growth in loan volume.
Reverse mortgages could be practical' long-term care funding optionReverse mortgages offer flexibility in accessing home equity without the need to downsize.
Ginnie Mae releases final term sheet for HMBS 2.0Ginnie Mae's HMBS 2.0 program aims to improve liquidity and sustainability in the reverse mortgage market through new guidelines and incentives.
Is reverse mortgage momentum among financial advisers slowing?Advisers are increasingly open to reverse mortgages, but recent momentum for their use has slowed, necessitating ongoing education and discussions.
New CFPB report looks at reverse mortgage activity in 2023Top lenders dominate reverse mortgage market, comprising 88.6% of originations according to CFPB's 2023 report.CFPB data highlights focus is primarily on HECM, while proprietary mortgages are gaining traction.
Reverse educators take on more HECM misconceptionsReverse mortgage misconceptions can lead to confusion; the line of credit growth is not classified as income but as loan proceeds.Interactive education helps clarify and dispel myths in reverse mortgage presentations.
Reverse mortgage case numbers reach two-year high pointHECM endorsements increased by 11.3% in October 2024, signaling market recovery.Case number assignments rose significantly, indicating potential future growth in loan volume.
Reverse mortgages could be practical' long-term care funding optionReverse mortgages offer flexibility in accessing home equity without the need to downsize.
Ginnie Mae releases final term sheet for HMBS 2.0Ginnie Mae's HMBS 2.0 program aims to improve liquidity and sustainability in the reverse mortgage market through new guidelines and incentives.
Is reverse mortgage momentum among financial advisers slowing?Advisers are increasingly open to reverse mortgages, but recent momentum for their use has slowed, necessitating ongoing education and discussions.
New CFPB report looks at reverse mortgage activity in 2023Top lenders dominate reverse mortgage market, comprising 88.6% of originations according to CFPB's 2023 report.CFPB data highlights focus is primarily on HECM, while proprietary mortgages are gaining traction.
Reverse educators take on more HECM misconceptionsReverse mortgage misconceptions can lead to confusion; the line of credit growth is not classified as income but as loan proceeds.Interactive education helps clarify and dispel myths in reverse mortgage presentations.
This is why I'll never take out a reverse mortgage - 5 hidden costs you need to know aboutReverse mortgages can be appealing for seniors needing funds, but they come with significant hidden costs.
FOA enlists new marketing agency in renewed pushThe initiative seeks to redefine the reverse mortgage perception and educate homeowners aged 55+ on home equity's role in retirement.
Tariff policy could inspire renewed talk of reverse mortgage as buffer asset'Market volatility near retirement can significantly impact retirement stability, suggesting the need for strategic planning.
I'm a 63 year old widow with $1.1 million in my 401k and I just retired - should I consider a reverse mortgage?Reverse mortgages can provide needed cash for retirees but require careful consideration of their impact on home equity.Having a substantial 401k offers retirees alternative financial strategies before choosing a reverse mortgage.
This is why I'll never take out a reverse mortgage - 5 hidden costs you need to know aboutReverse mortgages can be appealing for seniors needing funds, but they come with significant hidden costs.
FOA enlists new marketing agency in renewed pushThe initiative seeks to redefine the reverse mortgage perception and educate homeowners aged 55+ on home equity's role in retirement.
Tariff policy could inspire renewed talk of reverse mortgage as buffer asset'Market volatility near retirement can significantly impact retirement stability, suggesting the need for strategic planning.
I'm a 63 year old widow with $1.1 million in my 401k and I just retired - should I consider a reverse mortgage?Reverse mortgages can provide needed cash for retirees but require careful consideration of their impact on home equity.Having a substantial 401k offers retirees alternative financial strategies before choosing a reverse mortgage.
Onity Group strikes deal for $55M in MAM assetsOnity Group's acquisition of Mortgage Asset Management is poised to enhance its financial position and strategic capabilities in the reverse mortgage sector.
Celink awarded high net promoter score in recent surveyCelink's net promoter score of 74 exemplifies exceptional customer loyalty and satisfaction within the reverse mortgage servicing industry.
Onity leaders on reverse mortgage profitability, proprietary product developmentLiberty is the fourth-largest reverse mortgage lender in the U.S. and seeks to reenter proprietary market for growth.
Longbridge parent issues $243M reverse mortgage securitizationEllington Financial secured a $243 million reverse mortgage securitization, highlighting Longbridge's strong proprietary product line amid a market downturn.
Fairway eyes reverse mortgage expansion in 2025Fairway Independent Mortgage Corporation will expand its reverse mortgage focus in 2025, especially through HECM for Purchase.
Longbridge adds to its proprietary reverse mortgage suiteLongbridge's new Platinum Peak option increases accessibility for younger borrowers considering reverse mortgages.
Onity Group strikes deal for $55M in MAM assetsOnity Group's acquisition of Mortgage Asset Management is poised to enhance its financial position and strategic capabilities in the reverse mortgage sector.
Celink awarded high net promoter score in recent surveyCelink's net promoter score of 74 exemplifies exceptional customer loyalty and satisfaction within the reverse mortgage servicing industry.
Onity leaders on reverse mortgage profitability, proprietary product developmentLiberty is the fourth-largest reverse mortgage lender in the U.S. and seeks to reenter proprietary market for growth.
Longbridge parent issues $243M reverse mortgage securitizationEllington Financial secured a $243 million reverse mortgage securitization, highlighting Longbridge's strong proprietary product line amid a market downturn.
Fairway eyes reverse mortgage expansion in 2025Fairway Independent Mortgage Corporation will expand its reverse mortgage focus in 2025, especially through HECM for Purchase.
Longbridge adds to its proprietary reverse mortgage suiteLongbridge's new Platinum Peak option increases accessibility for younger borrowers considering reverse mortgages.
HUD counseling head says partnership with reverse mortgage industry ensures seniors' safetyHUD emphasizes public-private partnership to support housing for older Americans.Modernization efforts aim to enhance accessibility of counseling services for seniors.
Reverse mortgage software pioneer Jerry Wagner has diedWagner's Ibis Software Corporation has significantly impacted the reverse mortgage industry through innovative technology solutions since its inception in 1994.
Investor interest in reverse mortgages in 2025The current outlook for reverse mortgage companies shows investor concern, but potential optimism exists if industry dynamics improve.
Reverse industry rep reappointed to role on HUD housing counseling committeeCarol Dujanovich reappointed to HUD's Housing Counseling Federal Advisory Committee, focusing on improving housing support for seniors in reverse mortgage programs.
FHA commissioner, HUD counseling head on serving seniors with reverse mortgagesRising interest rates challenge the affordable housing crisis, affecting all lending sectors, including reverse mortgages.
Guild's Jim Cory on company confidence in reverse mortgagesGuild Mortgage has launched Flex Payment Mortgage products, emphasizing growth in the reverse mortgage sector post Cherry Creek acquisition.
HUD counseling head says partnership with reverse mortgage industry ensures seniors' safetyHUD emphasizes public-private partnership to support housing for older Americans.Modernization efforts aim to enhance accessibility of counseling services for seniors.
Reverse mortgage software pioneer Jerry Wagner has diedWagner's Ibis Software Corporation has significantly impacted the reverse mortgage industry through innovative technology solutions since its inception in 1994.
Investor interest in reverse mortgages in 2025The current outlook for reverse mortgage companies shows investor concern, but potential optimism exists if industry dynamics improve.
Reverse industry rep reappointed to role on HUD housing counseling committeeCarol Dujanovich reappointed to HUD's Housing Counseling Federal Advisory Committee, focusing on improving housing support for seniors in reverse mortgage programs.
FHA commissioner, HUD counseling head on serving seniors with reverse mortgagesRising interest rates challenge the affordable housing crisis, affecting all lending sectors, including reverse mortgages.
Guild's Jim Cory on company confidence in reverse mortgagesGuild Mortgage has launched Flex Payment Mortgage products, emphasizing growth in the reverse mortgage sector post Cherry Creek acquisition.
Australia, New Zealand-based reverse pros share insightsThe reverse mortgage market in Australia and New Zealand is growing, led by Heartland, which offers consumer protections similar to the U.S.
Fitch assesses home equity investments amid wider scrutinyHome equity investment products offer benefits but carry significant risks, including regulatory scrutiny and credit risk due to weak consumer profiles.
Reverse mortgage lender Longbridge Financial sues competitor over deceptive marketing accusationsLongbridge Financial is suing Mutual of Omaha for deceptive marketing practices regarding reverse mortgages that violate legal standards.
Oregon reverse mortgage bill that could halt proprietary business may be amendedSenate Bill 534 aims to increase transparency for seniors regarding home equity contracts to protect them from hidden fees.
New York bill seeks more disclosures for reverse mortgagesThe bill S2559 aims to protect seniors by mandating clear information on reverse mortgages before loan closings.
Mutual of Omaha granted more time to respond to Longbridge allegationsMutual of Omaha Mortgage receives extended time to respond to legal claims over running deceptive reverse mortgage review websites.
Australia, New Zealand-based reverse pros share insightsThe reverse mortgage market in Australia and New Zealand is growing, led by Heartland, which offers consumer protections similar to the U.S.
Fitch assesses home equity investments amid wider scrutinyHome equity investment products offer benefits but carry significant risks, including regulatory scrutiny and credit risk due to weak consumer profiles.
Reverse mortgage lender Longbridge Financial sues competitor over deceptive marketing accusationsLongbridge Financial is suing Mutual of Omaha for deceptive marketing practices regarding reverse mortgages that violate legal standards.
Oregon reverse mortgage bill that could halt proprietary business may be amendedSenate Bill 534 aims to increase transparency for seniors regarding home equity contracts to protect them from hidden fees.
New York bill seeks more disclosures for reverse mortgagesThe bill S2559 aims to protect seniors by mandating clear information on reverse mortgages before loan closings.
Mutual of Omaha granted more time to respond to Longbridge allegationsMutual of Omaha Mortgage receives extended time to respond to legal claims over running deceptive reverse mortgage review websites.
Reverse mortgage performance metrics end 2024 on a mixed noteHECM endorsements increased by 9.1% in December 2024, showcasing resilience in the reverse mortgage sector.
Property preservation firm MCS sees reverse channel as a growth opportunityMCS aims to leverage its established services as it transitions into the reverse mortgage industry, recognizing both similarities and differences.
CrossCountry's reverse mortgage VP joins NRMLA boardRichard Thorpe appointed to NRMLA board, emphasizing the importance of reverse mortgages for senior financial security.
FOA's good' reverse originator ranking reaffirmed by Morningstar DBRSMorningstar reaffirmed Finance of America's MOR RVO2 rating, highlighting their growth and strategic focus on reverse mortgage products.
Origins: When a reverse mortgage saved a client from bankruptcyRick Rodriguez's journey into reverse mortgages began unexpectedly but led to significant success and impact on clients' lives.
Reverse mortgage pro shares his insights as a customerNavigating reverse mortgages can be frustrating, but industry experience helps manage the complexities of the process.
Reverse mortgage performance metrics end 2024 on a mixed noteHECM endorsements increased by 9.1% in December 2024, showcasing resilience in the reverse mortgage sector.
Property preservation firm MCS sees reverse channel as a growth opportunityMCS aims to leverage its established services as it transitions into the reverse mortgage industry, recognizing both similarities and differences.
CrossCountry's reverse mortgage VP joins NRMLA boardRichard Thorpe appointed to NRMLA board, emphasizing the importance of reverse mortgages for senior financial security.
FOA's good' reverse originator ranking reaffirmed by Morningstar DBRSMorningstar reaffirmed Finance of America's MOR RVO2 rating, highlighting their growth and strategic focus on reverse mortgage products.
Origins: When a reverse mortgage saved a client from bankruptcyRick Rodriguez's journey into reverse mortgages began unexpectedly but led to significant success and impact on clients' lives.
Reverse mortgage pro shares his insights as a customerNavigating reverse mortgages can be frustrating, but industry experience helps manage the complexities of the process.
NRMLA requests WA Senate amend foreclosure bill to reflect reverse mortgage lawsWashington state enhances foreclosure protection with a new mediation program and specific fees for homeowners.Legislatures are actively addressing reverse mortgage regulations to expand eligibility.
Finance of America reports Q4 loss, full-year profit for 2024Finance of America reported a quarterly loss but achieved a full-year profit, reflecting strategic achievements and market potential for its products.
FOA is confident in its course despite stock rating downgradeUBS analyst Douglas Harter downgraded Finance of America's stock rating despite strong earnings, citing limited short-term appreciation potential.
Finance of America reports Q4 loss, full-year profit for 2024Finance of America reported a quarterly loss but achieved a full-year profit, reflecting strategic achievements and market potential for its products.
FOA is confident in its course despite stock rating downgradeUBS analyst Douglas Harter downgraded Finance of America's stock rating despite strong earnings, citing limited short-term appreciation potential.
Maryland reverse mortgage bill withdrawn after industry dialogueThe proposed bill to require escrow accounts in reverse mortgages was withdrawn following substantial opposition from industry leaders.
Washington, D.C. moves to bolster reverse mortgage foreclosure protectionsD.C.'s Fairness and Stability in Housing Amendment Act protects older residents with reverse mortgages and expands financial assistance.
Oregon bill could threaten proprietary reverse mortgage businessThe bill aims to protect seniors from complex reverse mortgage contracts but may limit the availability of proprietary loans.
Maryland reverse mortgage bill withdrawn after industry dialogueThe proposed bill to require escrow accounts in reverse mortgages was withdrawn following substantial opposition from industry leaders.
Washington, D.C. moves to bolster reverse mortgage foreclosure protectionsD.C.'s Fairness and Stability in Housing Amendment Act protects older residents with reverse mortgages and expands financial assistance.
Oregon bill could threaten proprietary reverse mortgage businessThe bill aims to protect seniors from complex reverse mortgage contracts but may limit the availability of proprietary loans.
Reverse mortgages have benefits that come with risksReverse mortgages may be ideal for house-rich individuals lacking cash, but can jeopardize funds for long-term care.
One in 10 gray divorce' couples finance split with housing wealthEquity release products are gaining traction among older adults, particularly in the context of gray divorces, allowing access to home equity.
Senior-held home equity falls slightly in Q3 2024Senior-held home equity has decreased due to a drop in home values and rise in mortgage debt, highlighting concerns for older homeowners' financial stability.
Reverse mortgage pro shares how he became a HECM customerTim Nelson sees reverse mortgages as strategic tools for financial planning in retirement, emphasizing their importance for couples as they age.
USA Today: If Social Security falters, reverse mortgages could be worth a lookMany retirees depend on Social Security, but reverse mortgages can provide additional financial support in retirement.
Reverse mortgages have benefits that come with risksReverse mortgages may be ideal for house-rich individuals lacking cash, but can jeopardize funds for long-term care.
One in 10 gray divorce' couples finance split with housing wealthEquity release products are gaining traction among older adults, particularly in the context of gray divorces, allowing access to home equity.
Senior-held home equity falls slightly in Q3 2024Senior-held home equity has decreased due to a drop in home values and rise in mortgage debt, highlighting concerns for older homeowners' financial stability.
Reverse mortgage pro shares how he became a HECM customerTim Nelson sees reverse mortgages as strategic tools for financial planning in retirement, emphasizing their importance for couples as they age.
USA Today: If Social Security falters, reverse mortgages could be worth a lookMany retirees depend on Social Security, but reverse mortgages can provide additional financial support in retirement.
New executive leaders at FOA to focus on modernizing' tech, customer experienceBrian Conneen and Karime Benaissa's appointments are crucial for FOA's digital transformation and modernization of the reverse mortgage industry.
FHA's HECM limit rises above $1.2 million in 2025The limit for federally backed reverse mortgages is increasing to $1,209,750 in 2025, enhancing access for older homeowners.
California-based Premier Plus Lending adds reverse mortgage divisionPremier Plus Lending is launching a new division focused on reverse mortgages and home equity solutions for seniors.
Tennessee official says reverse mortgages can offer property tax reliefTennessee increases reverse mortgage income limit for seniors to $60,000, reflecting rising interest in financial options among older residents.
New executive leaders at FOA to focus on modernizing' tech, customer experienceBrian Conneen and Karime Benaissa's appointments are crucial for FOA's digital transformation and modernization of the reverse mortgage industry.
FHA's HECM limit rises above $1.2 million in 2025The limit for federally backed reverse mortgages is increasing to $1,209,750 in 2025, enhancing access for older homeowners.
California-based Premier Plus Lending adds reverse mortgage divisionPremier Plus Lending is launching a new division focused on reverse mortgages and home equity solutions for seniors.
Tennessee official says reverse mortgages can offer property tax reliefTennessee increases reverse mortgage income limit for seniors to $60,000, reflecting rising interest in financial options among older residents.
Ellington again touts Longbridge reverse mortgage performanceStrong performance in proprietary reverse mortgage market contributes significantly to net income.
FOA seeks to modernize reverse mortgage outreach to seniorsFinance of America aims to enhance its reverse mortgage services with innovative products and targeted marketing strategies for seniors.
FOA claims 98% participation in bond exchange offerFOA's bond exchange offer received nearly 98% participation, enhancing financial flexibility and restructuring debt obligations.
Ellington again touts Longbridge reverse mortgage performanceStrong performance in proprietary reverse mortgage market contributes significantly to net income.
FOA seeks to modernize reverse mortgage outreach to seniorsFinance of America aims to enhance its reverse mortgage services with innovative products and targeted marketing strategies for seniors.
FOA claims 98% participation in bond exchange offerFOA's bond exchange offer received nearly 98% participation, enhancing financial flexibility and restructuring debt obligations.
Could US reverse mortgage companies partner with one from Australia?The NRMLA Annual Meeting showcased significant government involvement in reverse mortgage discussions, highlighting the U.S. approach to regulatory engagement.
DOJ, Nutter Home Loans reach $2.4M settlement over False Claims Act allegationsDOJ secures $2.4 million settlement from Nutter Home Loans for underwriting ineligible reverse mortgages, aiming to protect FHA insurance integrity.
NRMLA's Steve Irwin on FHA report, HECM changes and moreThe HECM program shows strong performance despite challenges, thanks to strategic changes and home-price appreciation.
FHA's Julia Gordon reflects on housing successes, challenges at reverse mortgage conferenceFHA Commissioner Julia Gordon highlighted the release of the updated HUD Handbook as a major achievement in enhancing the HECM program's consistency and quality.
Could US reverse mortgage companies partner with one from Australia?The NRMLA Annual Meeting showcased significant government involvement in reverse mortgage discussions, highlighting the U.S. approach to regulatory engagement.
DOJ, Nutter Home Loans reach $2.4M settlement over False Claims Act allegationsDOJ secures $2.4 million settlement from Nutter Home Loans for underwriting ineligible reverse mortgages, aiming to protect FHA insurance integrity.
NRMLA's Steve Irwin on FHA report, HECM changes and moreThe HECM program shows strong performance despite challenges, thanks to strategic changes and home-price appreciation.
FHA's Julia Gordon reflects on housing successes, challenges at reverse mortgage conferenceFHA Commissioner Julia Gordon highlighted the release of the updated HUD Handbook as a major achievement in enhancing the HECM program's consistency and quality.
Texas Capital Bank opposes summary judgment in Ginnie Mae suitTCB disputes Ginnie Mae's authority to extinguish its lien claims under the APA, emphasizing the complexities of mortgage securitization.
HMBS 2.0 rollout could be hobbled by reported Ginnie Mae staff cutsGinnie Mae is enhancing liquidity in the reverse mortgage sector with its HMBS 2.0 program, but staffing cuts pose a potential challenge to its implementation.
RMF-backed proprietary securitization undergoing further reviewThe bankruptcy of RMF has significant implications for securitization and mortgage servicing rights.
Ginnie Mae's Sam Valverde on the mission of the reverse securities programGinnie Mae is increasingly involved in the reverse mortgage market to maintain liquidity and support seniors' financial needs.
Judge grants delay in TCB lawsuit against Ginnie MaeGinnie Mae's authority to extinguish RMF's interests was upheld, leading to TCB's claims being invalidated.
Texas Capital Bank opposes summary judgment in Ginnie Mae suitTCB disputes Ginnie Mae's authority to extinguish its lien claims under the APA, emphasizing the complexities of mortgage securitization.
HMBS 2.0 rollout could be hobbled by reported Ginnie Mae staff cutsGinnie Mae is enhancing liquidity in the reverse mortgage sector with its HMBS 2.0 program, but staffing cuts pose a potential challenge to its implementation.
RMF-backed proprietary securitization undergoing further reviewThe bankruptcy of RMF has significant implications for securitization and mortgage servicing rights.
Ginnie Mae's Sam Valverde on the mission of the reverse securities programGinnie Mae is increasingly involved in the reverse mortgage market to maintain liquidity and support seniors' financial needs.
Judge grants delay in TCB lawsuit against Ginnie MaeGinnie Mae's authority to extinguish RMF's interests was upheld, leading to TCB's claims being invalidated.
Longbridge CEO Chris Mayer on reverse mortgage partnerships with forward companiesMayer emphasizes the increasing importance of the reverse mortgage market due to the aging population and changing homeownership dynamics.
10 Financial Scams and Frauds That Every American Over 50 Needs to Watch Out ForOlder adults are increasingly targeted by financial scams due to technological unfamiliarity and susceptibility.Scams such as reverse mortgages and telemarketing are particularly prominent for seniors.
Longbridge parent posts softer earnings in Q3 2024Longbridge's proprietary reverse mortgage products showed strength despite Ellington Financial's overall net income decline in Q3 2024.
Liberty Reverse parent touts reverse MSRs as 'natural hedge'The company reported strong performance in reverse mortgages despite a recent decrease in servicing due to asset management changes.
Longbridge parent posts softer earnings in Q3 2024Longbridge's proprietary reverse mortgage products showed strength despite Ellington Financial's overall net income decline in Q3 2024.
Liberty Reverse parent touts reverse MSRs as 'natural hedge'The company reported strong performance in reverse mortgages despite a recent decrease in servicing due to asset management changes.
CFPB received fewer reverse mortgage complaints in 2024A significant percentage of complaints from mortgage borrowers are related to foreclosure issues and communication with lenders.
Here are the top reverse mortgage securities issuers for 2024Finance of America (FOA) leads the reverse mortgage market in 2024 with 31% share despite issuing fewer pools than in 2023.
Wildfire damage with a reverse mortgage? Here's what to doReverse mortgage borrowers must notify their servicer and insurance carrier about property damage or evacuation due to Southern California wildfires.
As LA fires burn, reverse mortgage industry emphasizes need for servicer, insurer contactsAffected borrowers should urgently contact their loan servicer and insurance carrier due to the wildfires in Los Angeles.
Reverse mortgage lenders are ready for lower interest ratesThe 50 bps Fed rate cut could positively impact the reverse mortgage industry and seniors on fixed incomes.
The top 10 retail reverse mortgage lenders of 2024Interest rates were the key challenge for the reverse mortgage industry in 2024, impacting performance and lender rankings.
Reverse mortgage lenders are ready for lower interest ratesThe 50 bps Fed rate cut could positively impact the reverse mortgage industry and seniors on fixed incomes.
The top 10 retail reverse mortgage lenders of 2024Interest rates were the key challenge for the reverse mortgage industry in 2024, impacting performance and lender rankings.
Reverse mortgage pros on partnering with the forward side in 2025The Reverse for Purchase (H4P) program simplifies home buying for seniors, challenging negative stereotypes associated with reverse mortgages.
NRMLA's Steve Irwin on political change and the 2025 HECM limitThe reverse mortgage industry faces changes driven by political shifts and aims to strengthen support for the HECM program amidst these transformations.
Reverse mortgage pros on partnering with the forward side in 2025The Reverse for Purchase (H4P) program simplifies home buying for seniors, challenging negative stereotypes associated with reverse mortgages.
NRMLA's Steve Irwin on political change and the 2025 HECM limitThe reverse mortgage industry faces changes driven by political shifts and aims to strengthen support for the HECM program amidst these transformations.
The biggest challenge for the reverse industry in 2024? Mortgage ratesThe reverse mortgage industry faces significant challenges due to high interest rates and inflation, impacting borrower participation.
Reverse mortgage metrics show little movement in NovemberThe reverse mortgage industry displays mixed signals, with slight gains in HECM endorsements but a decline in HMBS issuance as 2024 ends.
The biggest challenge for the reverse industry in 2024? Mortgage ratesThe reverse mortgage industry faces significant challenges due to high interest rates and inflation, impacting borrower participation.
Reverse mortgage metrics show little movement in NovemberThe reverse mortgage industry displays mixed signals, with slight gains in HECM endorsements but a decline in HMBS issuance as 2024 ends.
LoanPASS CRO on cultivating reverse mortgage partnershipsThe partnership between LoanPASS and Smartfi Home Loans highlights significant technology opportunities in the reverse mortgage industry.
OneTrust Home Loans hires Gabe Bodner to lead 55-plus lending divisionEducation is crucial in the 55-plus lending division, particularly for reverse mortgages.
This Is When a Reverse Mortgage Is Actually a Brilliant IdeaTom Selleck is recognized for both his acting career and his role in educating younger generations about reverse mortgages.
Terry Schmidt says Guild is seeing more interest in reverse mortgagesGuild Mortgage is expanding its reverse mortgage division, observing increased interest and a strategic focus on first-time homebuyers.
Guild Mortgage's Jim Cory on his election as NRMLA co-chairJim Cory emphasizes the significance and responsibilities of his new role as co-chair of NRMLA, aiming to contribute through outreach initiatives.
MISMO reverse mortgage work group on track to deliver new standardsThe MISMO work group is developing reverse mortgage standards to enhance mainstream acceptance, with a release target for January 2025.
MISMO tech VP on what the reverse mortgage working group brings to the tableMISMO aims to standardize reverse mortgage data to enhance collaboration within the mortgage finance ecosystem.
MISMO reverse mortgage work group on track to deliver new standardsThe MISMO work group is developing reverse mortgage standards to enhance mainstream acceptance, with a release target for January 2025.
MISMO tech VP on what the reverse mortgage working group brings to the tableMISMO aims to standardize reverse mortgage data to enhance collaboration within the mortgage finance ecosystem.
Origins: From nuclear physics aboard submarines to reverse mortgage originationRick Schluter's journey from nuclear physics and submarines to reverse mortgages shows diverse career paths are possible and often unexpected.
Unison argues in court that its equity sharing agreement is not a reverse mortgageEquity sharing agreements may be legally classified as reverse mortgages under Washington state law, challenging claims that they are not debt-based.
Where the presidential candidates stand on elder care issuesHarris emphasizes a strong federal role in elder care, while Trump favors market-based solutions and less federal involvement.
Mayor who recommended reverse mortgages calls comments regrettable'Mayor Misha Pride suggested reverse mortgages for seniors facing rising property taxes but later regretted his comment, seeking broader tax relief solutions.
High property taxes in Maine? Mayor says to consider a reverse mortgage'The mayor acknowledges rising property taxes are a challenge for those on fixed incomes, suggesting a reverse mortgage as a last resort option.
Mayor who recommended reverse mortgages calls comments regrettable'Mayor Misha Pride suggested reverse mortgages for seniors facing rising property taxes but later regretted his comment, seeking broader tax relief solutions.
High property taxes in Maine? Mayor says to consider a reverse mortgage'The mayor acknowledges rising property taxes are a challenge for those on fixed incomes, suggesting a reverse mortgage as a last resort option.