Reverse Mortgages Pros Confronting Four Reverse Mortgage Misconceptions An opponent of reverse mortgage products recently wrote two columns at Forbes discussing reasons that the business should be avoided, and that potential borrowers searching for ways to fund their retirements would…
Reverse Mortgages Pros Local Spotlight: Reverse Mortgages in the Pacific Northwest One year ago, two U.S. cities saw significant year-over-year growth far outpacing the national loan volume average, according to 2018 data from Reverse Market Insight. Have those two cities…
Reverse Mortgages Pros Forbes: Managing Costs and Credit of a Reverse Mortgage For prospective reverse mortgage borrowers, there are strengths and weaknesses to be found either in immediate or delayed leveraging of the line of credit, and the borrower’s decision…
Reverse Mortgages Pros Why iReverse Home Loans is Moving into the Forward Mortgage Space Reverse mortgage firms have had to find new ways to adapt to the realities of business, particularly in the wake of highly influential changes to principal…
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…
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…
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.…
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…
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…
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…