“Gray divorce” — referring to the decision of a married couple over the age of 50…
Tag: HECM
Reverse mortgage volume rose in July while securitizations fell
The reverse mortgage industry’s key performance indicators were split in July, according to data from industry…
Montana officials continue advocating for state reverse mortgage program
Officials in Montana continue to promote the specialized Reverse Annuity Mortgage (RAM) program for the state’s…
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…