Monthly Archives: May 2013

Reverse Mortgage News

Reverse Mortgages Pros Friday Round-Up: Mortgages Ease for Retirees, Liberty CEO To Step Down In case you missed it… here’s what happened in reverse mortgage news this week.  Mortgages are getting a little easier for retirees. Despite difficulties in proving

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Reverse Mortgage News

Reverse Mortgages Pros HUD: Reverse Mortgage Program Shrinking, but Generating Cash Flow In its latest quarterly report to Congress, the Department of Housing and Urban Development indicates its Home Equity Conversion Mortgage program is generating positive cash flow.  Following an

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Reverse Mortgage News

Reverse Mortgages Pros Mortgage Bankers Propose New Plan to Bring Private Market Back Upfront risk sharing of government sponsored enterprises (GSEs) would invite the return of private capital to the mortgage market, according to a concept paper released by the

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Reverse Mortgage News

Reverse Mortgages Pros Memorial Day Round-Up: Reverse Industry Talks New Marketing, Lenders Gear Up for ARMs In case you missed it…here’s what happened in reverse mortgage news this week.  The reverse mortgage industry weighed new marketing plan. To combat negative

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Reverse Mortgage News

Reverse Mortgages Pros Reverse Mortgage Industry Weighs New Take on Marketing, Messaging Reverse mortgage lenders and industry participants are working toward developing a product marketing plan and putting to rest some of the negative perceptions that have long plagued reverse

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Reverse Mortgage News

Reverse Mortgages Pros Call Center or Branch Model? Some Reverse Lenders Say Both As the lender landscape for reverse mortgages has changed over the last 18 months, so, too, has the model for origination types in the market. Some lenders

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Reverse Mortgage News

Reverse Mortgages Pros Texas House Gives Go-Ahead for Reverse Mortgage Purchase Loan In yet another step toward approval in the state, the reverse mortgage for purchase loan received a vote in favor Thursday by Texas’s state House of Representatives.  Reverse

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Reverse Mortgage News

Reverse Mortgages Pros NRMLA Proposes Reverse Mortgage Financial Assessment Guidance to HUD In response to market and regulatory factors that are leading to a “new phase of HECM,” (Home Equity Conversion Mortgage) the National Reverse Mortgage Lenders Association today laid

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Reverse Mortgage News

Reverse Mortgages Pros CFPB Targets Pension Advances, Reverse Mortgage Market Geared for Comeback? Reverse Focus Weekly Podcast Episode #257 In this week’s Reverse Focus podcast, Shannon Hicks discusses recent federal crackdowns on pension-advance firms. New York’s Department of Financial Services

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Reverse Mortgage News

Reverse Mortgages Pros Friday Round-Up: Nationstar Aquires Greenlight, AAG Launches New Ad In case you missed it… here’s what happened in reverse mortgage news this week. Nationstar acquired Greenlight Financial. In a deal valued at up to $75 million, the

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