Reverse Mortgage Daily – Cantilever Real Estate

NRMLA speaks out on the future of federal reverse mortgage programs

December 8, 2025 by bp56691

After federal housing leaders issued a request for information in October about the future of two key reverse mortgage programs, the National Reverse Mortgage Lenders Association (NRMLA) weighed in last week with a detailed list of suggestions.

HECM endorsements spike in November amid shutdown backlog

December 2, 2025 by bp56691

Home Equity Conversion Mortgage (HECM) endorsements saw an artificial increase in November due to the government shutdown, an effect that may continue into December.

MBA lays out proposed changes for federal reverse mortgage programs

December 1, 2025 by bp56691

MBA proposes seven reforms for the HECM and HMBS programs, including new securitization options and changes to mortgage insurance premiums.

FOA maps next steps after PHH reverse asset acquisition

November 20, 2025 by bp56691

In the wake of PHH’s exit from reverse mortgages, FOA outlines its strategy to absorb PHH’s $9.6B HECM portfolio and prepare for changes.

PHH Mortgage will halt reverse originations, sell MSRs to Finance of America

November 18, 2025 by bp56691

Onity Group will sell $9.6 billion in reverse mortgage servicing rights to Finance of America and exit the reverse origination business.

Hometap continues to fight ‘illegal reverse mortgage’ lawsuit in Massachusetts

November 11, 2025 by bp56691

State Attorney General Andrea Joy Campbell sued Hometap in February 2025, labeling the company’s primary product offerings as “illegal reverse mortgages that fail to comply with state consumer protection laws.”

Smartfi Home Loans shutters retail division

September 23, 2025 by bp56691

Smartfi Home Loans, a top reverse mortgage lender, closed its retail division to focus exclusively on wholesale operations. Paul Fiore departed as retail president.

GoodLife’s Chase Kinder on growing his company’s reverse mortgage presence

September 17, 2025 by bp56691

GoodLife Home Loans is rapidly growing its HECM market share and looking to expand under new wholesale division leader Chase Kinder.

Longbridge’s ‘HELOC for Seniors’ is officially on the market

September 8, 2025 by bp56691

Longbridge Financial has officially launched a home equity line of credit (HELOC) that’s designed for homeowners aged 62 and older, offering approval and funding in as little as five business days.

Reverse mortgage production metrics took a tumble in August

September 3, 2025 by bp56691

Despite a sharp decline in August endorsements, wholesale sponsors like Longbridge and Finance of America helped to sustain volumes.