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HECM

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Reverse mortgage conversion software adds Smartfi proprietary product

April 24, 2025 by bp56691
Reverse mortgage conversion software adds Smartfi proprietary product
The HECM Tool reverse mortgage sales and conversion platform has engaged with Smartfi to include its proprietary product in its offerings.
Categories HECM, HWmember, Reverse, Smartfi Home Loans, Technology

Assessing the reverse mortgage technology landscape

April 18, 2025 by bp56691
Assessing the reverse mortgage technology landscape
Reverse mortgage professionals weigh in on the potential of including more technology into industry processes.
Categories Artificial Intelligence, Finance of America, HECM, HWmember, Longbridge Financial, NRMLA, Reverse, Technology

Lawyers at major firm sound off on reverse mortgage issues

April 17, 2025 by bp56691
Lawyers at a major firm break down some common litigation and themes they’ve seen in cases involving reverse mortgages.
Categories FHA, HECM, HUD, HWmember, Reverse

Credit.org rolls out new reverse mortgage e-learning platform

April 16, 2025 by bp56691
Credit.org rolls out new reverse mortgage e-learning platform
A new online learning platform from a nonprofit counseling agency aims to bolster reverse mortgage understanding among qualified borrowers.
Categories Counseling, Credit.org, HECM, HWmember, Product Guide, Reverse

Wade Pfau: how market volatility could renew reverse mortgage discussions

April 10, 2025 by bp56691
Wade Pfau: how market volatility could renew reverse mortgage discussions
Wade Pfau talks about the HECM line of credit as a “buffer asset,” in light of this week’s tariff-induced market volatility.
Categories American College of Financial Services, HECM, HWmember, Reverse, Tariffs

Residency requirements top HUD OIG’s list of open reverse mortgage issues

April 9, 2025 by bp56691
Three of the four open recommendations related to HECM from the HUD watchdog are all centered on one topic.
Categories HECM, HUD, HWmember, Reverse

Aging in place, high equity impact moving activity

April 9, 2025 by bp56691
Aging in place could dampen moving activity for older Americans, but baby boomers recently reclaimed their place as the top homebuyers.
Categories AARP, Aging in Place, baby boomer, HECM, HWmember, Realtor.com, Reverse

Reverse mortgage endorsements fell as HMBS issuance rose in March

April 7, 2025 by bp56691
Reverse mortgage performance metrics were mixed in March, with volume falling and securities issuance rising.
Categories HECM, HMBS, HWmember, New View Advisors, Reverse, Reverse Market Insight

Longbridge has a new addition to its proprietary reverse mortgage suite

April 4, 2025 by bp56691
Platinum Peak aims to offer higher LTVs for borrowers, with Longbridge saying it could help those who previously came up short.
Categories HECM, HWmember, Lenders, Longbridge Financial, Reverse

Judge rules in favor of Ginnie Mae in lawsuit brought by Texas Capital Bank

April 3, 2025 by bp56691
The case brought by TCB against Ginnie Mae has been ended via summary judgment in favor of the government. The bank has vowed to appeal.
Categories Ginnie Mae, HECM, HMBS, HUD, HWmember, Lawsuit, Legal, Reverse, Texas, Texas Capital Bank
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