In late 2019, the National Reverse Mortgage Lenders Association (NRMLA) held its Annual Meeting and Expo in Nashville, Tenn. The event was considered a success by both the association and at… Read More
Reverse mortgages often appear on television these days as part of a joke.
When now-President Joe Biden first announced his 2020 campaign for the office, the kickoff video was compared to… 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
This past summer, the Consumer Financial Protection Bureau (CFPB) published a report that took a close look at the advertising landscape of the reverse mortgage industry, with a particular f… Read More
Reverse mortgages, specifically Home Equity Conversion Mortgage (HECM) products, are highly regulated and sponsored by the U.S. government. However, they still have reputational issues and t… Read More
The Consumer Financial Protection Bureau (CFPB) has regulatory enforcement authority over the reverse mortgage industry at the national level, but does not use that authority sufficiently en… Read More
Mutual of Omaha Mortgage’s reverse mortgage division announced on Monday the appointment of Jennifer Allen as its new wholesale operations manager. An industry veteran, she has spent t… Read More
Federal Housing Administration (FHA) Commissioner Julia Gordon once again offered the reverse mortgage industry a rock-solid commitment to the Home Equity Conversion Mortgage (HECM) program… Read More
Bill Packer, COO of leading reverse mortgage lender and servicer Longbridge Financial, previously explained for RMD how generative advanced algorithms widely referred to as “artificial… Read More
To revist this article, visit My Profile, then View saved stories.To revist this article, visit My Profile, then View saved stories.By Andy GreenbergAt 9:30 am on a Wednesday in late Septemb… Read More
Reverse mortgage subservicer Celink announced on Tuesday that top reverse mortgage industry lender Mutual of Omaha Mortgage has renewed a subservicing agreement with the company, the renewal… Read More
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The Company Secretary Course is offered by Institute of Company Secretaries of India. It is basically a distance learning course, although very popular among the commerce students. It is a p… Read More
Top warehouse lender Texas Capital Bank (TCB) filed a lawsuit on Wednesday in the U.S. District Court for the Northern District of Texas against Ginnie Mae, alleging that the government-owne… Read More
The National Reverse Mortgage Lenders Association (NRMLA) on Thursday announced that David Berenbaum, deputy assistant secretary for the Office of Housing Counseling at the U.S. Depart… 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