Main menu

Reverse Mortgage News
Nov
08
2017
HUD has been facing larger losses recently, so it has made the following changes: Previously, HUD charged an upfront...
Mortgage Topic:
Company:
More:
Copy Textarea
Oct
30
2017
Titled “Preventing Foreclosures on Seniors Act,” the legislation focuses on reforms to HUD’s HECM program that would...
Company:
More:
Copy Textarea
Oct
26
2017
Ocwen said that it believes that while it reverse mortgage business, Liberty Home Equity Solutions, has “performed well...
More:
Copy Textarea
Oct
10
2017
One of the Democrats’ weapons of choice was the alleged practices of Financial Freedom. The Democrats claimed that...
Mortgage Topic:
Company:
More:
Copy Textarea
Sep
12
2017
The layoffs stem from the closure of Wells’ reverse-mortgage servicing operating unit, a move impacting 120 jobs,...
Mortgage Topic:
Company:
More:
Copy Textarea
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...
Mortgage Topic:
Company:
More:
Copy Textarea
Aug
30
2017
HUD officials said the economic value of the federal reverse-mortgage program, estimated at negative-$7.7 billion last...
Mortgage Topic:
Company:
More:
Copy Textarea
Aug
22
2017
Once the largest lender in the reverse mortgage industry, the San Francisco-based Wells Fargo shuttered its origination...
Mortgage Topic:
Company:
More:
Copy Textarea
Aug
10
2017
A small wording change in a proposed HUD budget request could change reverse mortgages and increase the risk of...
Mortgage Topic:
Company:
More:
Copy Textarea