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Reverse Mortgage News
Oct
10
2017
One of the Democrats’ weapons of choice was the alleged practices of Financial Freedom. The Democrats claimed that...
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Sep
12
2017
The layoffs stem from the closure of Wells’ reverse-mortgage servicing operating unit, a move impacting 120 jobs,...
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Sep
07
2017
This is just one of the risks that have rendered FHA’s 650,000-loan reverse-mortgage portfolio more difficult to manage...
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Aug
30
2017
HUD officials said the economic value of the federal reverse-mortgage program, estimated at negative-$7.7 billion last...
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Aug
22
2017
Once the largest lender in the reverse mortgage industry, the San Francisco-based Wells Fargo shuttered its origination...
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Aug
10
2017
A small wording change in a proposed HUD budget request could change reverse mortgages and increase the risk of...
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Aug
09
2017
Now there is concern that a small wording change in the Trump administration’s proposed budget request for the ...
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Aug
07
2017
The reverse mortgage industry’s top trade group confirmed that a proposed rule regarding the Home Mortgage Disclosure...
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Aug
02
2017
“After careful consideration, we have taken a significant step to improve Walter’s financial position,” president and...
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