Fairway reverse division honors longtime pro with lifetime achievement award
“Pistol Pete” Stebbins, 90, was honored with a lifetime achievement award from Fairway’s reverse division in recognition of a 40-year career.
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NRMLA’s Steve Irwin on FHA report, HECM changes and more
NRMLA’s president discusses the association’s outlook for the industry and the condition of the FHA’s Mutual Mortgage Insurance Fund.
Reverse pro turned customer shares insights gained from the other side of the table
Tim Nelson of VIP Mortgage goes into specific aspects of making the transition and the potential use cases for the loan as part of his retirement plan.
HECM line of credit option continues to dominate with 93% share
The HECM line of credit is the most-used payment option for most of the past decade, a trend that continued in FY 2024.
Reverse mortgage pros sound off on 2025 HECM limit
Reverse mortgage professionals at multiple companies shared their thoughts on what the higher HECM limit for 2025 will mean for business.
Reverse mortgage metrics show little movement in November
While there has been something of a “yo-yo” of gains and losses in the reverse mortgage industry’s performance metrics for the past several months, some mixed signals on the horizon — such as higher interest rates that could depress origination volumes along with the potential implementation of HMBS 2.0 — leave 2024 winding down in an active way for the business.
Jesse Allen sets his sights on pushing Rate’s reverse division to the next level
Rate’s new reverse mortgage leader sits down to discuss the momentum for the division and what it can do to leverage undiscovered demand.
Reverse mortgage analysts weigh in on HECM limit for 2025
RMI and New View Advisors offered perspectives on the increase in the HECM limit for 2025, which is rising to more than $1.2 million.
Could the Trump transition delay some reverse mortgage policy decisions?
Ginnie Mae has shown speed in its work on HMBS 2.0, but the election could mean its arrival is beyond the control of current housing leaders.
How might investors view reverse mortgages in 2025 and beyond?
An analyst dives into investor thoughts around reverse mortgages, and how an impending government transition does (or doesn’t) impact things.