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…
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…
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…
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…
Reverse Mortgages Pros Servicers Give Updates on Non-borrowing Spouses As complex servicing issues regarding non-borrowing spouses continue to challenge reverse mortgage originators, servicing experts offered their guidance on updates to Home Equity Conversion Mortgage servicing at the National Reverse Mortgage…
Reverse Mortgages Pros Waterfall Asset Management Issues $571.8 Million in Active Jumbo Reverse Mortgage Bonds The first offering of its kind since the financial crisis, Waterfall Asset Management is offering $571.8 million in performing jumbo reverse mortgage-backed bonds, according to…
Reverse Mortgages Pros FAR Releases Jumbo HELOC Reverse Mortgage ‘HomeSafe Select’ Following the introduction of several new reverse mortgage products this year, there’s another proprietary loan on the market. Finance of America Reverse today announced the addition of a proprietary…
Reverse Mortgages Pros HECM Endorsements Rise 9.8% in August; Recovery Still Slow While recovery remains sluggish, Home Equity Conversion Mortgage endorsements continued to climb in August, rising 9.8% from July for a total of 3,191 loans, according to the latest…
Reverse Mortgages Pros ‘Trusted Advisors’ Key to Federal Savings Bank HECM Growth Like other lenders in the market, The Federal Savings Bank has adapted to the new reverse mortgage lending landscape since the Home Equity Conversion Mortgage program changes hit…
Reverse Mortgages Pros US Mortgage Expands HECM Reach with New Hire, More Training As some reverse mortgage lenders and originators are diversifying in response to the past fiscal year’s discouraging origination volume, other companies are adding resources and intensifying their Home…