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Reverse Mortgage News
Aug
11
2016
Many industry members also expressed their opposition to the proposal that would amend the definition of “property...
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Aug
10
2016
“Needless to say, we are disappointed by these results and we have developed a strategy to deal with the issues at hand...
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Aug
10
2016
And that’s not all. Walter also agreed in principle to sell New Residential substantially all of the assets of Walter...
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Aug
09
2016
“I would put that in the camp of business as usual,” Bray said during the call. “There are always going to be requests...
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Aug
09
2016
Three weeks have passed since the Federal Housing Administration closed the public comment period for its latest ...
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Aug
05
2016
“After careful consideration BNY Mellon has decided to close its reverse mortgage business, Home Equity Retirement...
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Aug
03
2016
Declines during the month were spread nationwide, with just four regions tracked by RMI reporting increases—none of...
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Aug
01
2016
According to the Post, a Nationstar spokesperson said the company has never originated a reverse mortgage in New York,...
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Jul
25
2016
“Since the loans are insured by the government, the Federal Housing Administration will cover any shortfalls between...
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