2017-08-22 21:20
The state of Texas was decidedly late to the Home Equity Conversion Mortgage game, but at least by one metric, the patience and deliberation appears to have paid off.
The Lone Star State&rsq&hell…Read More
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Reverse mortgage news and information. Search for commentary, product updates, interviews, and the latest on the industry.
2017-08-22 21:12
Home Equity Conversion Mortgage lenders have endorsed 29,072 loans through the end of June 2017, an increase of 18.0% from the same time last year — continuing an overall upward trend… Read More
2017-08-22 15:03
That’s right: It’s time for Reverse Mortgage Daily’s weekly look at the jobs available on our sister website, RMD Jobs. If the impending approach of Labor Day has you think… Read More
2017-08-21 21:16
Wells Fargo (NYSE: WFC) will complete the transfer of all remaining reverse mortgages in its servicing portfolio to Champion Mortgage on September 1, ending an era in the Home Equity Convers… Read More
2017-08-21 21:15
More than a year after first internally announcing the name change, Nationstar Mortgage Holdings Inc. (NYSE: NSM) on Monday officially rebranded its operations as “Mr. Cooper.”
T… Read More
2017-08-20 22:12
When British banking authorities in July announced the eventual death of LIBOR, the reverse mortgage industry was faced with the long-term task of replacing the backbone benchmark… Read More
2017-08-18 15:49
In case you missed them the first time around, here’s our weekly look at the top stories from the Home Equity Conversion Mortgage world, including one lender’s unique plan to avo… Read More
2017-08-17 21:05
The introduction of Financial Assessment regulations in 2015 brought new challenges to the reverse mortgage industry, instituting an extra set of steps for potential borrowers and putting a… Read More
2017-08-17 19:31
Earlier this week, a quick recap of a Forbes article about retirement risk — one in which the author claimed that reverse mortgages are products of “last resort” — ge… Read More
2017-08-16 21:37
Embattled mortgage servicer Walter Investment Management Corporation (NYSE: WAC) received a second de-listing notification from the New York Stock Exchange, this time over a dwindling market… Read More
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