Monthly Archives: October 2016

Reverse Mortgage News

Reverse Mortgages Pros HUD Updates Source for Reverse Mortgage LIBOR Swap Rates The Department of Housing and Urban Development (HUD) published a new Mortgagee Letter on Thursday that updates the source for calculating the expected interest rate for certain reverse

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Reverse Mortgage News

Reverse Mortgages Pros It’s Time to Change How the U.S. Thinks About Aging in Place Millions of U.S. homeowners will want live in their homes for as long as possible, but not everyone will accept today’s antiquated concept of what

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Reverse Mortgage News

Reverse Mortgages Pros RMS President Ousted in Major Walter Leadership Shake-Up The president of top-10 industry lender Reverse Mortgage Solutions, Inc. (RMS) was released from the company this week as part of a larger leadership shake-up at parent company Walter

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Reverse Mortgage News

Reverse Mortgages Pros Home Point, Ellington Make Reverse Mortgage Investment in Longbridge Longbridge Financial, a reverse mortgage lender based in Mahwah, New Jersey, is receiving investment from Ellington Financial and Home Point that will allow it to target growth in

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