Yearly Archives: 2013

Reverse Mortgage News

Reverse Mortgages Pros Holiday Round-Up: HUD Delays Reverse Mortgage Financial Assessment In case you missed it… here’s what happened in reverse mortgage news this week.  HUD delayed the financial assessment date. The Department of Housing and Urban Development announced Friday

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Reverse Mortgage News

Reverse Mortgages Pros Live Well Financial Introduces New Fixed Advantage Reverse Mortgage Live Well Financial, Inc. announced Thursday that it will offer a new fixed rate reverse mortgage product, following an announcement earlier this week of the launch of another

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Reverse Mortgage News

Reverse Mortgages Pros FHA Audit Shows Strong Insurance Fund Improvement, Sustainable Future The Federal Housing Administration’s mutual mortgage insurance fund showed strong improvement in 2013, according to an annual independent actuarial review of the fund released Friday. The fund gained

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Reverse Mortgage News

Reverse Mortgages Pros Inman News: Realtors Need to Know About Reverse Mortgages Realtors need to know about reverse mortgages. That’s the message behind an Inman News column this week speaking to Realtors about the use of reverse mortgages by retirees

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Reverse Mortgage News

Reverse Mortgages Pros Turkey Day Round-Up: Urban Changes Name; Best Cities for Snowbirds In case you missed it… here’s what happened in reverse mortgage news this short Thanksgiving week. Urban Financial completes its name changes and rolls out new marketing materials. The

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Reverse Mortgage News

Reverse Mortgages Pros Generation Mortgage Launches New Website for Reverse Mortgage Borrowers On the heels of a product overhaul and launch of a new, interactive app to help potential borrowers see how a reverse mortgage can help in multiple retirement

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Reverse Mortgage News

Reverse Mortgages Pros HUD Clarifies Self-Reporting Requirements for Lenders The Department of Housing and Urban Development (HUD) on Wednesday released a mortgagee letter clarifying self-reporting requirements for single family Federal Housing Administration-approved lenders. The letter’s requirements, effective immediately, encompass what

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Reverse Mortgage News

Reverse Mortgages Pros Walter’s Q3 Earnings Strong as Reverse Mortgage Market Share Grows Reverse Mortgage Solutions’ parent company Walter Investment Management Corp. (NYSE:WAC) reported net income of $72.7 million for the third quarter ended Sept. 30, 2013 compared to $6.4

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Reverse Mortgage News

Reverse Mortgages Pros Ocwen Posts Strong Earnings, Sees Reverse Mortgage Change as Positive Ocwen Financial (NYSE: OCN), parent company of Liberty Home Equity Solutions, announced Thursday third quarter net income of $67 million, or 44 cents per share, up 16%

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Reverse Mortgage News

Reverse Mortgages Pros FHA Chief: No More Waiting for Congress on Housing Reform The Department of Housing and Urban Development is committed to swift housing finance reform even if it means stepping out ahead of Congress, Federal Housing Administration (FHA)

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