While the term sheet could still be released sometime this month prior to his exit, Valverde’s…
Tag: HECM
Investor interest in reverse mortgages in 2025
Major reverse mortgage companies like Finance of America (FOA) and Ellington Financial — the parent of…
HECM remains in the black
The reverse mortgage portion of the Federal Housing Administration’s (FHA)’s Mutual Mortgage Insurance Fund (MMIF) has…
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…
Unison argues in court that its equity sharing agreement is not a reverse mortgage
In prior conversations with HousingWire’s Reverse Mortgage Daily (RMD), leaders of equity sharing companies contend that…
Reverse educators take on more HECM misconceptions
Reverse mortgage educators Dan Hultquist and Jim McMinn brought their “Rules of the Game” presentation back…
The month in reverse mortgage rates: October 2024
When older homeowners wish to access a portion of their equity, there are multiple options. Of…
Mayor who recommended reverse mortgages calls comments ‘regrettable’
As those on a fixed income continue to wrestle with rising property taxes, the mayor of…
Federal housing leaders speak to the need for more reverse mortgage understanding
Federal Housing Administration (FHA) Commissioner Julia Gordon and David Berenbaum, deputy assistant secretary for the Office…