Monthly Archives: February 2015

Reverse Mortgage News

Reverse Mortgages Pros HUD Sets New Reverse Mortgage Financial Assessment Date Two weeks following its recent delay earlier this month, the Department of Housing and Urban Development (HUD) today released the new effective date for the reverse mortgage Financial Assessment. Previously

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Reverse Mortgage News

Reverse Mortgages Pros Willow Bend Mortgage Launches Into Reverse Space With New Division There may be some uncertainty ahead for reverse mortgage lenders, but that isn’t stopping Plano, Texas-based Willow Bend Mortgage from entering the reverse mortgage market. In fact,

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Reverse Mortgage News

Reverse Mortgages Pros HUD To Delay Reverse Mortgage Financial Assessment Date The Department of Housing and Urban Development (HUD) has announced today its decision to delay implementation of the long-heralded Financial Assessment rule just weeks before its effective date. Citing

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Reverse Mortgage News

Reverse Mortgages Pros Reverse Mortgage Interest Surges, Could Double as March 2 Approaches The reverse mortgage industry is seeing a surge in borrower interest — from a 21% increase in counseling sessions to an uptick in phone calls from concerned

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