In Chicago, a reverse mortgage scammer left a lasting scar
Mark Diamond was sentenced to 17 years in prison for his crimes against elderly homeowners, but the damage in Chicago is still visible.
HECM
Auto Added by WPeMatico
Fairway, Longbridge lead reverse mortgage presence at The Gathering
Two reverse mortgage industry leaders break down some of the challenges and opportunities of serving senior homeowners.
Reverse mortgage performance was largely steady in May
Reverse mortgage business metrics were largely steady last month, and analysts expect that to hold barring unforeseen challenges.
New California wildfire homeowner assistance program includes reverse mortgages
A disaster recovery program in California includes help for forward and reverse mortgage borrowers, drawing praise from reverse professionals.
White House expects reverse mortgages to continue producing government receipts
The White House expects continued performance from the HECM portion of the MMI Fund, according to a recent budget document.
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.
HUD OIG reveals ongoing reverse mortgage oversight priority
The HUD OIG report details some reverse mortgage highlights, including an ongoing oversight priority and a recent conviction.
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.
GoodLife Home Loans launches retail reverse mortgage division, says it is actively hiring
GoodLife has launched a retail reverse mortgage division and is seeking out reverse mortgage professionals for it, the company announced.
HUD publishes new reverse mortgage counseling guidance
The guidance is designed to clarify requirements for obtaining HECM counseling certification, and to provide a HECM “toolkit” for agencies.