Monthly Archives: January 2018

Reverse Mortgage News

Reverse Mortgages Pros Reverse Mortgage Securities Market Sets Record in December Issuers of reverse mortgage-backed securities (HMBS) had a record end to 2017, logging the highest monthly issuance total in almost eight years. HMBS firms generated 106 loan pools for

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Reverse Mortgage News

Reverse Mortgages Pros CFPB Chief Declines Federal Reserve Funding for Quarter The acting director of the Consumer Financial Protection Bureau declined funding from the Federal Reserve for the second quarter of fiscal 2018, marking yet another departure from his predecessor.

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Reverse Mortgage News

Reverse Mortgages Pros Reverse Mortgage Originators Expect to Work Harder, Make Less in ’18 New reverse mortgage rules that reduce principal limits have originators anticipating a decline in profits. Many expect that fewer consumers will qualify for the loans —

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Reverse Mortgage News

Reverse Mortgages Pros Reverse Mortgage Endorsements Up in 2017, Fallout Likely Coming Reverse mortgage lenders handily beat 2016 endorsement totals last year, aided by the rush to lock in principal limit factors ahead of major changes in October, but a

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