Blog Archives

Reverse Mortgage News

Reverse Mortgages Pros Ditech Risks Default, Avoids Second Bankruptcy and Terminates COO Ditech Holding Corporation (NYSE: DHCP), parent company of Reverse Mortgage Solutions (RMS), elected not to make an approximately $9 million cash interest payment to its creditors that was

Tagged with: , , , , ,
Posted in Uncategorized

Reverse Mortgage News

Reverse Mortgages Pros Canadian Reverse Mortgage Demand Reaches New High Demand for reverse mortgages among citizens in Canada continues to grow, demonstrating a contrast to the trend of the business sector in the United States. As of October 2018, the

Tagged with: , , , , ,
Posted in Uncategorized

Reverse Mortgage News

Reverse Mortgages Pros Survey Finds Reverse Mortgage Appeal Higher Among Those Under 50 Around 15% of Americans say they would consider a reverse mortgage once eligible, according to a new survey released Thursday, with responses varying widely depending on age.

Tagged with: , , , , ,
Posted in Uncategorized

Reverse Mortgage News

Reverse Mortgages Pros HECM Endorsements Halted During Partial Government Shutdown Home Equity Conversion Mortgage insurance endorsements are being halted as a result of the partial U.S. government shutdown that began on Saturday, according to a notice sent by the Federal

Tagged with: , , , , ,
Posted in Uncategorized

Reverse Mortgage News

Reverse Mortgages Pros Programming Note: RMD Holiday Schedule With only days remaining until Christmas, the team here at Reverse Mortgage Daily wants to express warm wishes and happy holidays to all of our valued readers. In observance of Christmas and

Tagged with: , , , , ,
Posted in Uncategorized

Reverse Mortgage News

Reverse Mortgages Pros CFPB: Low Housing Payments Signal Better Senior Financial Well-Being Older American homeowners have a greater degree of financial well-being than those who do not own a home, while lower housing costs are also correlated to more positive

Tagged with: , , , , ,
Posted in Uncategorized

Reverse Mortgage News

Reverse Mortgages Pros MIT Researcher: Why Financial Advisors May Become ‘Longevity Advisors’ The director of the Massachusetts Institute of Technology (MIT) AgeLab sees that the future for the financial advising profession may lie in taking on a new role for

Tagged with: , , , , ,
Posted in Uncategorized

Reverse Mortgage News

Reverse Mortgages Pros NRMLA Co-Chair Scott Norman Talks 2019 Priorities for Reverse Mortgages When the Board of Directors of the National Reverse Mortgage Lenders Association (NRMLA) elected Finance of America Reverse executive Scott Norman as one of their co-chairs, the

Tagged with: , , , , ,
Posted in Uncategorized

Reverse Mortgage News

Reverse Mortgages Pros Allegiant Reverse Spearheads Support for Fire-Affected Seniors in CA A prominent reverse mortgage vendor based just outside of Sacramento is mobilizing support for seniors affected by the fires currently afflicting Northern California, and is calling on the

Tagged with: , , , , ,
Posted in Uncategorized

Reverse Mortgage News

Reverse Mortgages Pros Finance of America Reverse Announces Rebranding, Silvernest Partnership Following a major investment in consumer research aimed at discovering ways in which Americans are approaching their preparations for retirement, Finance of America Reverse (FAR) today announced a major

Tagged with: , , , , ,
Posted in Uncategorized