Reverse Mortgage Daily
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Provider: Reverse Mortgage Daily
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Reverse mortgage originators are on the front lines of the industry every day pursuing leads, talking to potential borrowers and directly dealing with any changes that may affect the ways that reverse mortgage products work. RMD is proud to introduce the new regular feature “Origins,” question-and-answer sessions with originators to learn about what led them […]
The post Origins: How One Loan Officer Got his Reverse Mortgage Start appeared first on Reverse Mortgage Daily.
03/19/2019 10:07 PM
Two high-profile software creators in the reverse mortgage space have announced a partnership in the aim of streamlining the hand-off between reverse mortgage loan origination and servicing. Bay Docs, LLC and Reverse Technology Group (RTG) will be integrating the technology platforms of both companies in order to make the transition between origination and servicing more […]
The post Bay Docs, RTG Partnership Bridges Reverse Mortgage Origination, Servicing Platforms appeared first on Reverse Mortgage Daily.
03/19/2019 10:06 PM
Two men from the state of New Jersey have been arraigned in the U.S. District Court of New Jersey for their alleged respective roles in defrauding several senior homeowners in a scheme related to the use of a reverse mortgage, according to an announcement made Monday by U.S. Attorney Craig Carpenito and a subsequent press […]
The post Two New Jersey Men Arraigned in Reverse Mortgage Scam appeared first on Reverse Mortgage Daily.
03/19/2019 04:43 PM
Increasing popularity for reverse mortgages in Australia has the potential to allow more retirees to adequately fund their post-working lives, but some potential borrowers are being blocked from pursuing reverse mortgage solutions in the country as banks are exiting the space. A 6.5 percent increase in New Zealand-based Heartland Bank’s recorded profits was bolstered by […]
The post Reverse Mortgages in Australia: Demand Rises as Major Players Exit appeared first on Reverse Mortgage Daily.
03/18/2019 09:47 PM
Creating a path to success in today’s reverse mortgage marketplace will be a major theme for the National Reverse Mortgage Lenders Association’s spring conference this year. NRMLA’s Western Regional Conference, taking place March 25-26 in Huntington Beach, Calif., features a programming schedule consisting of discussions around collateral risk assessments, marketing best practices and economic factors, […]
The post NRMLA Western Conference to Highlight Path to Success in Today’s Market appeared first on Reverse Mortgage Daily.
03/18/2019 09:46 PM
Looking out for new opportunities in the wake of reduced reverse mortgage volume can lead lenders into spaces that are not often considered. While some companies are expanding their operations into forward lending, others are taking that expansion attitude one step further by dipping their proverbial toes into the waters of non-qualified mortgage (non-QM) lending. […]
The post Why Some Reverse Lenders See Potential in Non-QM Market appeared first on Reverse Mortgage Daily.
03/17/2019 09:50 PM
State and local governments are having increasing levels of difficulty in meeting their pension payment obligations, a problem exacerbated by the retirement of former government employees that are part of the baby boomer generation according to a new report by National Public Radio (NPR). In the city of Houston, Texas, for instance, the initial $2.4 […]
The post Pension Funding Becomes More Difficult for State, Local Governments appeared first on Reverse Mortgage Daily.
03/17/2019 09:43 PM