Last week, Guild Mortgage announced a suite of products under the name “Flex Payment Mortgage.” The…
Tag: HECM
The yo-yo ride for reverse mortgage volume continued in August
The reverse mortgage industry is pressing ahead with a chance at lower interest rates later this…
FHA finalizes updates to reverse mortgage debenture interest rates
The Federal Housing Administration (FHA) on Wednesday published Mortgagee Letter (ML) 2024-18, which implements updates to…
Guild announces new ‘Flex Payment Mortgage’ suite of reverse products
Guild Mortgage announced on Wednesday the introduction of a new product line called the “Flex Payment…
With a potential new rate environment coming, how will reverse mortgage lenders pivot?
Federal Reserve Chair Jerome Powell indicated last week that a cut in the federal funds rate…
Bringing reverse mortgages to a symposium celebrating women in finance
Richelle Hopkins of Mutual of Omaha Mortgage has been a reverse mortgage professional for 20 years,…
Origins: From young country club caddy to reverse mortgage professional
Chris Bruser, a reverse mortgage professional in Florida, agreed with an assertion that most people do…
Montana’s reverse mortgage program could have room for industry collaboration
Montana’s unique Reverse Annuity Mortgage (RAM) program is a state-sponsored reverse mortgage, with lower interest rates…
Rate’s reverse mortgage leader talks growth through forward posture
Ryan Ogata has been leading the reverse mortgage division at Rate — recently rebranded from Guaranteed…
The month in reverse mortgage rates: August 2024
As discussed in previous reverse mortgage rate updates, the federally insured Home Equity Conversion Mortgage (HECM)…