Alt home equity product from RMF alum expands into new states
Cornerstone Financing rolled out an alternative home equity-tapping product to several new states, following a successful 2024 financing deal.
Reverse Mortgage Funding
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Judge grants delay in TCB suit against Ginnie Mae as government seeks summary judgment
The government seeks summary judgment, saying that a prior ruling from the presiding judge is ‘fatal’ to TCB’s remaining claims.
RMF-backed proprietary securitization undergoing further review
A securitization of private reverse mortgages originated by RMF needs further review stemming from the lender’s 2022 bankruptcy.