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HECM

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White House expects reverse mortgages to continue producing government receipts

June 4, 2025 by bp56691
The White House expects continued performance from the HECM portion of the MMI Fund, according to a recent budget document.
Categories FHA, HECM, HUD, HWmember, Regulatory, Reverse, White House

MISMO reverse mortgage workgroup chair on ‘building a bridge to the mainland’

May 30, 2025 by bp56691
MISMO reverse mortgage workgroup chair on ‘building a bridge to the mainland’
The MISMO reverse workgroup sees recently completed work as a “bridge to the mainland” for mortgage tech, according to its chair.
Categories HECM, HWmember, MISMO, Mortgage Cadence, Reverse, Technology

HUD OIG reveals ongoing reverse mortgage oversight priority

May 29, 2025 by bp56691
The HUD OIG report details some reverse mortgage highlights, including an ongoing oversight priority and a recent conviction.
Categories Department of Justice, Ginnie Mae, HECM, HUD, HWmember, Regulatory, Reverse

California wildfire recovery event sought to offer guidance to reverse mortgage borrowers

May 27, 2025 by bp56691
California wildfire recovery event sought to offer guidance to reverse mortgage borrowers
A recent event aimed to offer reverse mortgage borrowers impacted by the LA-area wildfires a direct avenue to assistance programs.
Categories California, Disaster Relief, HECM, HWmember, Reverse, Wildfire

GoodLife Home Loans launches retail reverse mortgage division, says it is actively hiring

May 23, 2025 by bp56691
GoodLife has launched a retail reverse mortgage division and is seeking out reverse mortgage professionals for it, the company announced.
Categories Ginnie Mae, Goodlife Home Loans, HECM, HMBS, HWmember, Retail Lending, Reverse

HUD publishes new reverse mortgage counseling guidance

May 23, 2025 by bp56691
The guidance is designed to clarify requirements for obtaining HECM counseling certification, and to provide a HECM “toolkit” for agencies.
Categories Counseling, FHA, HECM, HUD, HWmember, Reverse

Reverse mortgage veteran Dino Guadagnino joins Guaranteed Rate Affinity as regional VP

May 21, 2025 by bp56691
Reverse mortgage veteran Dino Guadagnino joins Guaranteed Rate Affinity as regional VP
The 22-year reverse mortgage industry veteran will spearhead educational outreach and forward mortgage partnerships, the company said.
Categories Guaranteed Rate, HECM, HWmember, People Movers, Rate, Reverse, Team Leaders

Rate’s Jesse Allen on the progress of a reverse mortgage revamp

May 19, 2025 by bp56691
Rate’s Jesse Allen on the progress of a reverse mortgage revamp
The new president of reverse mortgages at Rate describes the efforts to build the division for future success.
Categories HECM, HWmember, Loan Officer, Marketing, Rate, Reverse

Reverse mortgage LOs share appraisal challenges at NRMLA event

May 16, 2025 by bp56691
Reverse mortgage professionals share their views on appraisals and some of the challenges they’ve faced in this process.
Categories Appraisals, HECM, HWmember, NRMLA, Reverse

Longbridge wins partial preliminary injunction against Mutual of Omaha

May 15, 2025 by bp56691
A judge has weighed in on the dispute between two of the largest reverse mortgage lenders, ruling that some claims warranted relief.
Categories HECM, HWmember, Lawsuit, Legal, Longbridge Financial, Marketing, Mutual of Omaha Mortgage, Reverse
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