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Reverse Mortgage News
Jan
18
2017
“We plan to honor all existing commitments and continue to fulfill loans in our originations pipeline,” said Whitney...
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Jan
09
2017
Volume increases among nine of the top-10 regions tracked by RMI supported the nearly 20% gain in December. New York/...
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Dec
27
2016
So I asked HUD how the term “foreclosure” was defined in its record system. Its answer cleared up the problem. “We use...
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Dec
14
2016
(video) The U.S. Department of Housing and Urban Development is investigating foreclosure practices at a unit of...
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Dec
09
2016
The reverse mortgage servicing rating of “RPS3” Outlook Negative is based on the pending sale of Financial Freedom’s...
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Dec
08
2016
American Advisors Group in Orange agreed to pay a civil penalty of $400,000, and Aegean Financial, an El Segundo firm...
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Dec
07
2016
“The DOJ has extracted a lot of money from major financial institutions using the False Claims Act, that is, arguing...
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Nov
22
2016
Wholesale home equity conversion mortgage (HECM) volume saw a decrease of 21.6% to 1,519 loans in September from 1,938...
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Nov
18
2016
“The more we talk to HUD, they are certainly open to issues with borrowers,” said Sherry Apanay, chief sales officer at...
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