2018-12-14 22:46
Mick Mulvaney, former acting director the Consumer Financial Protection Bureau (CFPB), will be named acting White House Chief of Staff according to a Friday tweet by President Donald J. Trum… Read More
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Reverse mortgage news and information. Search for commentary, product updates, interviews, and the latest on the industry.
2018-12-14 21:07
The lending limit for federally-backed reverse mortgages is increasing for the third consecutive year in a row and is set to rise to $726,525 in 2019.
The Department of Housing and Urban Dev… Read More
2018-12-13 22:35
Older American homeowners have a greater degree of financial well-being than those who do not own a home, while lower housing costs are also correlated to more positive financial well-being… Read More
2018-12-13 21:32
Last month, American Advisors Group (AAG) announced the company was adding government-backed Veterans Affairs (VA) loans to its lineup of product offerings, differentiating its offering from… Read More
2018-12-12 21:02
Finance of America Reverse (FAR) will be transitioning to private label servicing for its proprietary HomeSafe reverse mortgage product, as well as conducting direct outreach to its borrower… Read More
2018-12-12 20:34
Total equity on mortgaged properties currently stands at $9.8 trillion, $5.9 trillion of which is tappable. This indicates a drop of $140 billion in the third quarter of 2018, while also ill… Read More
2018-12-11 22:04
After her confirmation last week in the United States Senate, Kathleen L. Kraninger was sworn in as the new, full-time director of the Consumer Financial Protection Bureau (CFPB) on Monday a… Read More
2018-12-11 17:22
Live Well Financial has sold the majority of its Home Equity Conversion Mortgage-backed securities (HMBS) issuance portfolio – $4 billion worth – to Reverse Mortgage Funding, LLC… Read More
2018-12-10 22:29
Bridging two industries that have a shared interest in the ability of senior individuals to age in place, reverse mortgage stakeholders presented a webinar discussion last week to an audienc… Read More
2018-12-10 22:03
After a rocky 2018, reverse mortgage prospects may be getting a bit brighter for borrowers and lenders as the year comes to a close. As the market approaches its final days of 2018, originat… Read More
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