Monthly Archives: September 2014

Reverse Mortgage News

Reverse Mortgages Pros CFPB Orders U.S. Bank to Refund $48 Million Over Illegal Add-Ons The Consumer Financial Protection Bureau (CFPB) on Thursday ordered U.S. Bank to provide $48 million in relief to consumers the agency believes were harmed by illegal

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Reverse Mortgage News

Reverse Mortgages Pros Brokers Post Small Uptick in Reverse Mortgage Market Share While overall home equity conversion mortgage (HECM) endorsements were down -1.7% in July, the broker/wholesale business saw a 1.4% increase, according to the latest data compiled by Reverse

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Reverse Mortgage News

Reverse Mortgages Pros Ellington Financial Invests in Longbridge for Reverse Mortgage Growth A mainstream mortgage investor is committing its support for the reverse mortgage space through a minority investment in originator Longbridge Investments LLC. Ellington Financial LLC (NYSE: EFC) committed

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Reverse Mortgage News

Reverse Mortgages Pros Friday Round-Up: Reverse Mortgages Help Solve Dire Housing Situation In case you missed it, here’s what happened in reverse mortgage news this week: Harvard, AARP: Senior Housing Situation Dire, But Reverse Mortgages Can Help An increasing number of

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