When entrepreneur Jason van den Brand found himself needing to navigate the complexities of end-of-life care for his father and grandmother, he learned firsthand how difficult it is to find… Read More

Sky-high mortgage rates have made it difficult for industry pros to connect with new and existing borrowers. Refinance business is paltry, while new originations are harder to come by as hig… Read More

Reverse Mortgage Loan A reverse mortgage is a financial product available to homeowners, typically seniors aged 62 or older, that allows them to convert a portion of their home equity int… Read More

Home price appreciation is a critical metric when gauging the health and penetration rate of the reverse mortgage product, and the Federal Housing Finance Agency (FHFA)’s house price i… Read More

This article is featured in Bitcoin Magazine’s “The Withdrawal Issue”. Click here to subscribe now. A PDF pamphlet of this article is available for download. “The s… Read More

Ellington Financial (NYSE:EFC), the parent company of leading reverse mortgage lender Longbridge Financial, reported net income attributable to common stockholders of $2.9 million, or $0.04… Read More

Reverse mortgage companies do not commonly break out proprietary, private-label reverse mortgage origination data. However, from other data sources, the trends seen in the proprietary market… Read More

Buying a house is arguably the most significant purchase of one’s lifetime. This milestone marks an exciting step towards building wealth by owning a tangible asset. However, securing… Read More

As reverse mortgage applications increased in 2022, originations began to decline, which could suggest that it is now harder to qualify for a reverse mortgage product, according to an analys… Read More

The Mortgage Calculator The Mortgage Calculator is a lender that pays a few of the highest compensation for mortgage officers. They’ve now raised compensation much more, to up t… Read More

The concept of a reverse mortgage is certainly familiar to homeowners aged 62 and above who are interested in tapping into their home’s equity. It’s a convenient loan for older a… Read More

Liberty Reverse Mortgage, a division of PHH Mortgage Corporation — which is owned by Ocwen Financial Services — has had a productive year, according to Mike Kent, SVP of industry… Read More

Orange County-based multi-channel mortgage lender New American Funding (NAF) has named Shannon Robinson as vice president of its reverse mortgage division and is preparing to expand its reve… Read More

PHH Mortgage Corporation, a subsidiary of Ocwen Financial and parent company of Liberty Reverse Mortgage, announced on Wednesday that it has entered into a new reverse mortgage subservicing… Read More

The budget proposal submitted to Congress indicates strong performance for the Home Equity Conversion Mortgage (HECM) program within the Federal Housing Administration (FHA)’s Mutual M… Read More

Ocwen Financial Corporation, parent company of PHH Mortgage Corp. and leading reverse mortgage lender Liberty Reverse Mortgage, expanded its profitability modestly but acknowledged that the… Read More

Finance of America Companies (FOA) announced on Monday that its acquisition of reverse mortgage lender American Advisors Group (AAG) has resulted in Graham Fleming being named CEO on a perma… Read More

Reverse mortgage servicing company Celink has renewed a multiyear subservicing contract agreement with leading industry lender Finance of America Reverse (FAR). Specific terms of the deal, i… Read More

A post-mortem on RMF shows that a perfect storm of financial calamity resulted in the fifth-largest reverse mortgage lender declaring Chapter 11 bankruptcy. Four days before Thanksgiving… Read More

According to a survey conducted and published by Natixis Investment Managers, 35% of millionaires agreed with the statement that “it will take a miracle to achieve a secure retirement… Read More

A number of key guidelines were recently modified for HomeSafe, the proprietary reverse mortgage product suite from Finance of America Reverse (FAR). This included a change to the principal… Read More

The Big Apple suffered some COVID-19 bruises in 2020 when over 100K residents noped out of a dense city with some of the highest COVID transmissions and death rates. Many returned, but the… Read More

The reverse mortgage industry is going through a period of transition, particularly due to things like the end of a Home Equity Conversion Mortgage (HECM)-to-HECM (H2H) refinance boom, addit… Read More