As the reverse mortgage industry continues its adjustment to the current rate environment and new Ginnie Mae issuer landscape, volume dipped while issuance rose slightly in September. Hom… Read More

The Consumer Financial Protection Bureau (CFPB) on Wednesday released its annual report on residential mortgage lending activity and trends. While the vast majority of the data included acro… Read More

Most publicly traded companies operating in the reverse mortgage space were profitable in the second quarter of 2023 despite the tumultuous events of late 2022, including a major industry ba… Read More

Home Equity Conversion Mortgage (HECM) endorsements in June spiked nearly 25% when compared with May’s figures, a welcome bump for a struggling industry. New data shows that the retail… Read More

Multi-channel lender Open Mortgage announced this week that it has appointed industry professional Mike Hicks to serve as its new national director of reverse sales, a move made as longtime… Read More

After acquiring Cherry Creek Mortgage earlier this year, Guild Mortgage, through its reverse revamped mortgage division, is moving further into the reverse mortgage business. “Our r… Read More

The reverse mortgage industry’s performance data for the month of July is out, and it’s a tale of two sides: the volume of new HECM endorsements going up, while securities issuan… Read More

After a few months of drops, reverse mortgage volume increased by nearly 25% in June compared to the month prior. According to data compiled by Reverse Market Insight (RMI), home equity conv… Read More

Like many companies in the traditional mortgage space this year, Guild Mortgage reported a financial loss in its first quarter 2023 earnings report. The company’s $37 million loss in Q… Read More

If you’ve ever wondered about the pros and cons of living in Denver, this post is for you. Denver, Colorado, is a true mountainside paradise and is just at the foothills of outdoor ad… Read More

Multi-channel mortgage lender Guild Mortgage (NYSE: GHLD), which earlier this week acquired Colorado-based Cherry Creek Mortgage, announced on Friday that the acquisition of Cherry Creek&rsq… Read More

Reverse mortgage industry veteran Kim Smith, who has worked for lenders including Freedom Financial, Generation Mortgage and American Advisors Group (AAG), recently moved to San Diego-based… Read More

After the boom of HECM-to-HECM (Home Equity Conversion Mortgage) refinance activity dried up in 2022, the reverse mortgage industry has struggled to regain the ground it lost. While March sa… Read More

As the merger transactions for companies like American Advisors Group (AAG), Finance of America Reverse (FAR) and Cherry Creek Mortgage played out in March, reverse mortgage endorsement volu… Read More

There hasn’t been much change at the top of the reverse mortgage leaderboard in recent years. But a drop-off in overall originations and diminished performance from some established le… Read More

Nationwide mortgage lender, HMBS issuer and HECM servicer Cherry Creek Mortgage announced this week that it has hired reverse mortgage industry veterans Bruce Barnes and Jim Cory to lead and… Read More

The National Reverse Mortgage Lenders Association (NRMLA) on Thursday announced the election of its Board of Directors for the 2022-2023 term, including the selection of its co-chairs. Mi… Read More

The Hawaii Real Estate Market is a fertile floor for Millennial home purchasers and their real estate investing is likely to continue rising well past 2016. Millennials also referred to as G… Read More

British Columbia is one of the most desirable provinces to live in Canada, and Victoria, BC, is considered by many to be the crème de la crème. Its popularity speaks for itself… Read More

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The Board of Directors for the National Reverse Mortgage Lenders Association (NRMLA) has re-elected its incumbent co-chairs to serve in the 2021-2022 term, with Scott Norman of Finance of Am… Read More

This really is another reasons why mortgage brokers usually takes a number of years whenever processing loans. There are numerous actions in the act, numerous papers to examine, and many ea… Read More

Using One of the Largest Insurtech Series B Rounds in History, Branch Will Expand Its “Built-for-Savings” Home and Auto Coverage Nationally COLUMBUS, Ohio, June 9, 2021&nb… Read More

Sales and operator transitions Life Care Services assumes management of former Rose Senior Living communities Life Care Services assumed management of six communities owned by Rose Sen… Read More

Madison, Wis.-based Fairway Independent Mortgage Corporation has added to its national reverse mortgage leadership team by appointing TImothy Harder as its national reverse marketing special… Read More

In another lawsuit filed a year ago, a Woodlyn, Pennsylvania, few accused Elk Manor of destroying their June 2015 wedding dinner after their coastline place flooded.Early in the day this la… Read More