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Education and problem solving are keys to reverse for purchase business, agents say

January 21, 2025 by bp56691
Two real estate agents explain some of their thoughts on the HECM for Purchase program and the success they’ve seen with it.
Categories California, Century 21, HECM, HWmember, Idaho, Oregon, Real Estate Agents, Reverse

Fairway eyes reverse mortgage expansion in 2025

January 13, 2025 by bp56691
Fairway is eyeing an expansion of its H4P business by bringing new professionals and referral sources into the fold this year.
Categories Fairway Independent Mortgage, HECM, Purchase Market, Reverse

New CFPB report looks at reverse mortgage activity in 2023

January 9, 2025 by bp56691
A new CFPB report based on 2023 HMDA data assesses the reverse mortgage industry landscape that year, and the shifts at the top of the industry.
Categories CFPB, Finance of America, Finance of America Reverse, HECM, Mutual of Omaha Mortgage, Reverse

USA Today: If Social Security falters, reverse mortgages could be worth a look

January 9, 2025 by bp56691
For those reliant on Social Security benefits but having trouble making ends meet, a reverse mortgage may be worth a look, the column said.
Categories HECM, Reverse, Social Security, USA Today

The top 10 reverse mortgage lenders of 2024

January 8, 2025 by bp56691
The top 10 retail reverse mortgage lenders in 2024 weathered a challenging year, with key movements in the rankings.
Categories Fairway Independent Mortgage, Finance of America, HECM, Liberty Reverse Mortgage, Longbridge Financial, Mutual of Omaha Mortgage, Onity Group, Reverse, Reverse Market Insight

How reverse mortgage pros will seek to connect with clients in 2025

January 7, 2025 by bp56691
The reverse mortgage industry is ready to hit the ground running in its efforts to connect with new clients in 2025.
Categories Fairway Independent Mortgage, Finance of America, HECM, HWmember, Marketing, New American Funding, Reverse

Reverse mortgage performance metrics end 2024 on a mixed note

January 6, 2025 by bp56691
HECM endorsements saw a jump in December, but HMBS issuance ended 2024 on a low note, making for a topsy-turvy month of performance data.
Categories Finance of America, HECM, HMBS, Longbridge Financial, Mutual of Omaha Mortgage, New View Advisors, Reverse, Reverse Market Insight

Reverse mortgage leaders on partnering with the forward side in 2025

January 3, 2025 by bp56691
The reverse mortgage industry seeks to build its positive momentum this year after collaborating extensively with forward lenders in 2024.
Categories Fairway Independent Mortgage, Guild Mortgage, HECM, HWmember, New American Funding, NRMLA, Reverse

Reverse mortgage case number metric reaches highest level in two years

January 2, 2025 by bp56691
HECM case number assignments hit a two-year high point in October, marking an encouraging sign for a challenging reverse mortgage market.
Categories HECM, Reverse, Reverse Market Insight

What it’s like connecting reverse mortgage professionals with forward lending partners

December 23, 2024 by bp56691
Reverse mortgage industry professionals explain what it’s like to try and forge more partnerships with forward lenders at a major event.
Categories Finance of America, Guild Mortgage, HECM, Longbridge Financial, Mortgage Bankers Association, Reverse
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