Monthly Archives: July 2013

Reverse Mortgage News

Reverse Mortgages Pros Senate Passes Reverse Mortgage Bill, Grants HUD Authority for Program Change The Senate Tuesday passed a bill to stabilize the Federal Housing Administration’s reverse mortgage program, pending the president’s signature, the Department of Housing and Urban Development

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Reverse Mortgage News

Reverse Mortgages Pros Reverse Mortgage USA Launches Hybrid Branch Model, Hires Pedone Reverse Mortgage USA is making entry into a new branch-partner approach to reverse mortgage loan origination—an opportunity the company sees based on changing market conditions. To help lead

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Reverse Mortgage News

Reverse Mortgages Pros Brean Capital Makes Entry into Investor Market for Reverse Mortgages Brean Capital  is making a push for participation in the investor market for reverse mortgage securities. The HMBS team team comprises former Knight Capital HMBS team members

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Reverse Mortgage News

Reverse Mortgages Pros Project Shows Aging in Place Chances Strongly Improved Through Service Mix The early results of a Maryland based program indicate there are merits to bundling services to improve the experience and ability of seniors to age in

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Reverse Mortgage News

Reverse Mortgages Pros HUD Proposes New Rule to Strengthen Fair Housing Act The Department of Housing and Urban Development (HUD) published a new proposed rule that furthers the benefits homeowners can receive under the 1968 Fair Housing Act. The proposed

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Reverse Mortgage News

Reverse Mortgages Pros Friday Round-Up: Congress on Housing Reform, HUD Closed Monday In case you missed it… here’s what happened in reverse mortgage news this week.  Congress members weighed housing reform questions. In an hours-long hearing Thursday, Congress members and

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Reverse Mortgage News

Reverse Mortgages Pros Friday Round-Up: Congress on Housing Reform, HUD Closed Monday In case you missed it… here’s what happened in reverse mortgage news this week.  Congress members weighed housing reform questions. In an hours-long hearing Thursday, Congress members and

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Reverse Mortgage News

Reverse Mortgages Pros Senate Votes to Confirm Cordray as CFPB Director [Update] After a long, drawn-out battle over the leadership structure of the Consumer Financial Protection Bureau as well as the man who currently sits in the agency’s top post,

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Reverse Mortgage News

Reverse Mortgages Pros Accenture to Acquire Mortgage Cadence, Expand Mortgage Footprint Global management consulting, outsourcing and tech company Accenture (NYSE: ACN) today announced it will acquire Mortgage Cadence in an effort to expand its footprint in the mortgage origination software

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Reverse Mortgage News

Reverse Mortgages Pros Senators Agree on Plans to Drive FHA Solvency, Stabilization Senate Banking Committee members announced late Thursday they have reached a bipartisan agreement on legislation to ensure the solvency of the Federal Housing Administration.  The members have long

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