HECM
Latest Posts
AARP Lawsuit Defines Proposed Class
Aug 12, 2011The recent lawsuit filed by AARP against Wells Fargo and Fannie Mae seeks class action status to include all borrowers, including their heirs and estates, that were not provided the opportunity to purchase the subject homes for 95% of appraised value. In a review provided to NRMLA, the organization's legal counsel Weiner Brodsky Sidman Kider, PC discussed the proposed class and the rule, termed "the 95% Rule" that is the key allegation against the defendants. In requesting class action status, the review says, AARP proposes a class that includes all borrowers under HECM loans of Wells Fargo and
-
The Leave it to Beaver World is Dead
Aug 12, 2011 -
AARP Files Another Non-Recourse Lawsuit
Aug 08, 2011 -
HECM Volume Struggles in July
Aug 02, 2011 -
Headwinds Follow Big 3 Exits
Jul 20, 2011 -
UBS and Reverse Vision Announce Interface
Jul 20, 2011 -
Bell Responds to Reverse Mortgage Misinformation
Jul 19, 2011 -
Don’t Tap IRA to Pay Off Mortgage
Jul 15, 2011 -
NRMLA Presents Financial Assessment Recommendations
Jul 08, 2011 -
Florida Fraud Scheme Targets Reverse Mortgages
Jul 07, 2011 -
Top Lenders Fuel HECM Endorsement Growth
Jul 06, 2011 -
Greenlight Financial Revamps Reverse Operation
Jun 29, 2011
