Reverse mortgage veteran reflects on his career: ‘Everyone has a story to tell’

Chris Clow/RMD: Jim, you were a real estate agent and then a forward mortgage professional before…

The month in reverse mortgage rates: July 2024

In the May 2024 reverse mortgage rates report, we discussed how reverse mortgage borrowers might benefit…

FHA updates tech portal to accommodate new appraisal policy

The Federal Housing Administration (FHA) this week announced that its FHA Connection (FHAC) portal — which…

Montana aims to remind seniors about its ‘reverse annuity mortgage’

“As Montanans face more economic challenges due to inflation, it can weigh heavily on our most…

After retirement, reverse mortgage pro goes from LO to customer

Chris Clow/RMD: What do you think helped you to stay in the reverse mortgage business for…

Government requests more time in Ginnie Mae/TCB lawsuit

“Certain Ginnie Mae documents have been flagged as potentially subject to the federal Defend Trade Secrets…

Reverse mortgage volume, securities issuance improve further in May

HECM volume spikes, but case numbers are flat The pace of endorsement growth has notably increased…

HECM study assesses financial impacts of program over 20 years

A study commissioned by the U.S. Department of Housing and Urban Development (HUD) Office of Policy…

NAF’s Shannon Robinson updates the status of reverse mortgage business in 2024

Multichannel lender New American Funding (NAF) is going big on reverse mortgages. As already evidenced by…

One year after expansion, Guaranteed Rate remains bullish on reverse mortgages

Increased adoption When asked about how reverse mortgage business is going in the first half of…