2018-10-17 22:48
After more than two years of waiting, residents at the Sun City retirement community in Arizona can once again open Home Equity Conversion Mortgages thanks to a new approval from t… Read More
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Reverse mortgage news and information. Search for commentary, product updates, interviews, and the latest on the industry.
2018-10-17 19:49
Several mortgage industry veterans with ties to the reverse mortgage market joined corporate consultancy Ainsworth Advisors’ team this month.
Among the new additions to Ainsworth&rsquo&hell…Read More
2018-10-17 15:45
With home equity continuing to increase and a need for more debt consolidation tools, home equity lending is poised for strong growth in the coming years, a new TransUnion study revealed tod… Read More
2018-10-16 21:53
For Home Equity Conversion Mortgage applicants, only about half of those who complete the required loan counseling go on to close a reverse mortgage loan, according to industry data.
Numbers… Read More
2018-10-16 21:52
As long term care costs have risen 3% from 2017 to 2018, seniors need to keep these rising health care costs in mind as they plan for retirement, the latest cost-of-care data shows.
On Tuesd… Read More
2018-10-15 19:10
Federal Housing Administration commissioner Brian Montgomery will serve as the keynote speaker at the National Reverse Mortgage Lenders Association’s 2018 Annual Meeting and Expo… Read More
2018-10-15 19:02
A Home Equity Conversion Mortgage borrower satisfaction benchmark is in the works, reverse mortgage technology leader ReverseVision and mortgage advising firm STRATMOR Group announced Monday… Read More
2018-10-14 17:35
As adult children become less debt-adverse and more involved in their parents’ finances, originators are noticing more receptivity and engagement from borrowers’ children during… Read More
2018-10-14 17:28
As federally backed reverse mortgages volume has “tanked” during the last fiscal year, new proprietary reverse mortgages are a viable option for seniors interested in these retir… Read More
2018-10-11 22:22
Like other lenders in the market, The Federal Savings Bank has adapted to the new reverse mortgage lending landscape since the Home Equity Conversion Mortgage program changes hit in October… Read More
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