Christina Harmes Hika has been busy since starting a business last summer that focuses on coaching professionals to take on reverse mortgage business. Not only has she hired more staff to he… Read More
The Fairway Independent Mortgage Corp. reverse mortgage division is preparing for a transformative 2023, thanks to a new leadership model and team that aims to put their stamp on the company… Read More
Finance of America Reverse (FAR), Reverse Mortgage Funding (RMF) and Longbridge Financial all responded to market volatility affecting their private reverse mortgage product offerings this p… Read More
Home Equity Conversion Mortgage (HECM) endorsements increased in May, rising 3.9% to 4,350 loans. It is yet another month recording over 4,000 loans, marking a notable rise over the very sli… Read More
In the final monthly data drop of the year, Home Equity Conversion Mortgage (HECM) endorsements in November recorded another slight drop, sliding back 4.7% to 3,561 loans. This marks the thi… Read More
The production of new Home Equity Conversion Mortgage (HECM)-backed securities (HMBS) totaled approximately $1.42 billion in July as continuing capital markets recovery and low interest rate… Read More
In spite of the prevailing perception that Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) issuers feared big draws on HECM lines of credit in March in the immediate aftermat… Read More
The production of new Home Equity Conversion Mortgage-backed securities (HMBS) fell in June to just over $561 million, which marks the end of the slowest half-year of issuance in five years… Read More
The 2019 edition of Understanding Reverse, the book used by industry personnel and consumers alike as an informative reference tool about reverse mortgage product offerings, features numerou… Read More
Issuers of Home Equity Conversion Mortgage-backed securities (HMBS) are on pace to beat their 2016 figures despite a lack of seasoned loan pools, according to the latest data from New View A… Read More