HECM
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What happened to reverse mortgages?
Jun 03, 2019For anyone actively working in the mortgage industry, it’s no secret that reverse mortgages have taken a brutal hit in the last two years. The U.S. Department of Housing and Urban Development issued major program changes at the end of 2017 that effectively limited the amount of proceeds and the number of people who could qualify for the loan. The result had lenders across the space enduring sizable volume drops and subsequent gashes to their bottom lines.
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Government watchdog considering ways to reduce federal costs of reverse mortgage program
May 23, 2019 -
Reverse Mortgage Funding expands payment options on proprietary reverse product
May 20, 2019 -
ReverseVision launches interactive comparison tool for reverse mortgages
May 15, 2019 -
FHA clarifies certification requirements to streamline HECM lending
May 09, 2019 -
Ocwen’s reverse mortgage business has stellar Q1
May 07, 2019 -
Reverse mortgage data reveals solid spring comeback
May 03, 2019 -
American Advisors Group ups reverse mortgage support for brokers
Apr 29, 2019 -
These are the top issuers of reverse mortgage-backed securities
Apr 09, 2019 -
Will sale-leasebacks change how homeowners tap into their equity?
Apr 08, 2019 -
PRMI hires Steven Sless to manage reverse mortgage division
Apr 03, 2019 -
Finance of America Reverse reduces cost of proprietary reverse mortgages
Mar 11, 2019
