Major reverse mortgage companies like Finance of America (FOA) and Ellington Financial — the parent of…
Tag: Longbridge Financial
Longbridge parent posts softer earnings in Q3 2024
Ellington Financial, the parent company of top-five reverse mortgage lender and servicer Longbridge Financial, saw its…
Key reverse mortgage metrics saw an uptick in October even as business remains lukewarm
Reverse mortgage industry performance metrics have been trading gains and losses for several months now, but…
NRMLA elects new board members, officers for 2025 term
The National Reverse Mortgage Lenders Association (NRMLA) has elected its board officers and co-chairs for the…
Reverse mortgage leaders praise FHA engagement, back-end improvements
Despite 2024 being a challenging year for sales volume, the reverse mortgage industry is still encouraged…
Reverse mortgage lenders are ready for lower interest rates
Like the traditional forward space, the reverse mortgage industry has been operating in an elevated interest…
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…
How reverse mortgage lenders are planning for potentially lower rates
With elevated mortgage rates having persisted over the past two years, Federal Reserve Chair Jerome Powell…
Two major reverse mortgage lenders to sponsor financial planner conference
The Alliance of Comprehensive Planners (ACP), a trade association for financial planners, will be holding its…
Reverse mortgage volume and HMBS issuance improve in April
The refi market continues to be anemic as higher rates are persisting, with refi volume dropping…