Yearly Archives: 2014

Reverse Mortgage News

Reverse Mortgages Pros Reverse Mortgage Securities Issuance Continues Year-over-Year Decline Reverse mortgage securities issuance fell below $500 million in September—just one of four monthly tallies over the last five years to fall to such a level. The monthly total for

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Reverse Mortgage News

Reverse Mortgages Pros CFPB Updates TILA-RESPA Readiness Guide for Mortgage Lenders The Consumer Financial Protection Bureau (CFPB) has updated its Dodd-Frank Mortgage Rules Readiness Guide to help lenders and bankers assess their preparedness in complying with disclosures under the Real

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Reverse Mortgage News

Reverse Mortgages Pros Friday Round-Up: NY Times on Reverse Mortgage Comeback In case you missed it… here’s what happened in reverse mortgage news this week.   NY Times: Reverse Mortgage Time is Coming — The New York Times published an article

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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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Reverse Mortgage News

Reverse Mortgages Pros Labor Day Round-Up: AAG to Launch New Reverse Mortgage Product RMD will be observing Labor Day on Monday, Sept. 1, and would like to wish all of our readers an enjoyable holiday weekend. We’ll see you back

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Reverse Mortgage News

Reverse Mortgages Pros Brookings: Reverse Mortgage Can Play Viable Role in Retirement As data show how many Americans lack sufficient retirement savings, seniors should consider a reverse mortgage to turn housing equity into cash and remain in the home, says research nonprofit

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Reverse Mortgage News

Reverse Mortgages Pros California Reverse Mortgage “Cool-Off” Bill Moves to Governor’s Desk Lenders in California may soon be required to observe a seven day cooling period from the date of counseling before they may be able to take a reverse

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