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.
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Reverse mortgage LOs share appraisal challenges at NRMLA event
Reverse mortgage professionals share their views on appraisals and some of the challenges they’ve faced in this process.
Longbridge wins partial preliminary injunction against Mutual of Omaha
A judge has weighed in on the dispute between two of the largest reverse mortgage lenders, ruling that some claims warranted relief.
Texas Capital Bank appeals case against Ginnie Mae over reverse mortgage collateral
The suit between Texas Capital Bank and Ginnie Mae has been revived after the bank filed an appeal this week with the Fifth Circuit.
Los Angeles County event will assist reverse mortgage borrowers with wildfire recovery
Impacted reverse mortgage borrowers in Los Angeles County can find assistance and resources at the event in Altadena.
Finance of America posts a profit, beats funded volume estimates in Q1 2025
One of the nation’s leading reverse mortgage lenders posted positive financial results in Q1 2025, leading to a rise in its share price.
NRMLA co-chair outlines reverse mortgage advocacy plan
NRMLA co-chair Jim Cory discussed a new industry outreach effort to bring more people up to speed with reverse mortgages.
Attendees encouraged by reverse mortgage conference in California
Attendees offer their thoughts on the first NRMLA reverse mortgage industry event of 2025 and what they found most valuable.
Liberty Reverse parent Onity praises Q1 earnings performance, proprietary product launch
Onity Group, the parent of PHH Mortgage Corp. and its subsidiary, Liberty Reverse Mortgage, posted solid financial results for the first quarter of 2025 and again praised Liberty’s reverse mortgage performance.
Reverse mortgage industry descends on California for first NRMLA event of 2025
The reverse mortgage industry’s first event of 2025 is happening in Irvine, California, and NRMLA’s president offers a preview.