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Reverse Mortgage News

Reverse Mortgages Pros Ocwen Inks Deals with 10 States to Restore Servicing Rights Just one day after Illinois and Montana announced agreements with Ocwen Financial Corporation (NYSE: OCN) to lift mortgage servicing and origination restrictions, the servicer made deals with

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Reverse Mortgage News

Reverse Mortgages Pros HUD Asks Reverse Mortgage Counselors: Any Slots Left? As housing counselors struggle to keep up with demand ahead of the new reverse mortgage rule changes, the Department of Housing and Urban Development is asking for their input

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Reverse Mortgage News

Reverse Mortgages Pros FHA Plans System Updates Ahead of Reverse Mortgage Final Rule It may have gotten a little lost in the wave of industry news about lower principal limit factors and new reverse mortgage insurance premiums, but the Home

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Reverse Mortgage News

Reverse Mortgages Pros Reverse Mortgage Must-Reads: Preparing for the Surge, Storm Tips It’s been a breakneck couple of weeks in the reverse mortgage world, so in order to get you up to speed, here’s a look back at the top

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Reverse Mortgage News

Reverse Mortgages Pros Former HUD Official ‘Worried’ About Higher Reverse Mortgage Costs Under new guidance set to go into effect October 2, Home Equity Conversion Mortgage borrowers will be able to tap into a smaller percentage of their home equity

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Reverse Mortgage News

Reverse Mortgages Pros HUD Issues New Reverse Mortgage Servicing Guidance Ahead of the impending roll-out of the Home Equity Conversion Mortgage final rule on September 19, the Department of Housing and Urban Development provided updated servicing guidance in a mortgagee

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Reverse Mortgage News

Reverse Mortgages Pros Weekly Round-Up: HECM for Purchase Workaround, Retirement Shocks In case you missed them the first time around, here’s our weekly look at the top stories from the Home Equity Conversion Mortgage world, including one lender’s unique plan

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Reverse Mortgage News

Reverse Mortgages Pros HighTechLending Hires Prieto as Reverse Mortgage Wholesale and Branching Director Reverse mortgage lender HighTechLending has named Adrian Prieto as national director of wholesale and branching for its reverse mortgage division, the company announced Thursday. In his new

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Reverse Mortgage News

Reverse Mortgages Pros Friday Round-Up: Life After LIBOR, Walter on the Brink This past week, RMD readers continued to turn to us for insight on how a decision made in the United Kingdom could eventually affect Home Equity Conversion Mortgages

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Reverse Mortgage News

Reverse Mortgages Pros Friday Round-Up: Ocwen’s Settlement, RMF’s Purchase Training It’s almost the weekend — and if you count Labor Day as a hard-and-fast marker, there’s only a precious few summer weekends left! We here at RMD hope you get

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