Monthly Archives: February 2013

Reverse Mortgage News

Reverse Mortgages Pros Sen. Corker: CFPB in “Legal Jeopardy,” Ball in White House’s Court The latest in the months-long saga that has raised questions about the authority of the Consumer Financial Protection Bureau brought a statement today from Republican Senator

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Reverse Mortgage News

Reverse Mortgages Pros Former MetLife Execs Launch New Reverse Mortgage Start-Up Following the departure of MetLife from the reverse mortgage business, a group of the company’s former executives are now in process of launching a new company within the business.

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Reverse Mortgage News

Reverse Mortgages Pros Friday Round-Up: More Reverse Mortgage Changes On the Way by August In case you missed it…here’s what happened in reverse mortgage news this week. FHA announced more reverse mortgage changes are on the way. Officials from the Federal

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Reverse Mortgage News

Reverse Mortgages Pros FHA Official: More Reverse Mortgage Change Coming by August Despite the suspension of the Standard fixed-rate product coming in April, the Federal Housing Administration (FHA) expects to make additional changes to its reverse mortgage program by August of

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Reverse Mortgage News

Reverse Mortgages Pros CBS News: New Govt. Rules On Reverse Mortgages Reverse mortgages now come with some “new rules” in an effort to better protect seniors, says CBS News in a Friday segment.  “Some people see it as a good

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Reverse Mortgage News

Reverse Mortgages Pros AARP Blog: Big Reverse Mortgage Changes Could Impact Loan Appeal On the heels of changes announced by the Federal Housing Administration to its reverse mortgage program, AARP’s blog this week outlined what the changes—namely the suspension of

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Reverse Mortgage News

Reverse Mortgages Pros CFPB Plans Next Steps for New Mortgage Rules Going Live  The Consumer Financial Protection Bureau has established a plan for implementing new mortgage rules; a number of which are slated to go into effect by January 2014. 

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Reverse Mortgage News

Reverse Mortgages Pros New CFPB Questions Leave Lenders in Limbo The Consumer Financial Protection Bureau has taken an interesting course in its short life as the chief financial regulator for consumer products and services—to say the least. First, it was

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Reverse Mortgage News

Reverse Mortgages Pros HUD Official: FHA Still Working on Critical Reverse Mortgage Changes The Department of Housing and Urban Development is continuing to work on “critical” reverse mortgage program changes following a restriction to the program’s fixed rate reverse mortgage

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Reverse Mortgage News

Reverse Mortgages Pros Will Lack of Fixed Rate Standard Reverse Mortgage Impact Marketing? With the lending industry beginning to address changes announced last week to the Federal Housing Administration’s reverse mortgage program, one concern that has arisen among originators in

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