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Los Angeles County event will assist reverse mortgage borrowers with wildfire recovery

May 9, 2025 by bp56691
Impacted reverse mortgage borrowers in Los Angeles County can find assistance and resources at the event in Altadena.
Categories California, HECM, HWmember, Los Angeles, Reverse, Wildfire

Longbridge endures Q1 loss, but leaders tout ‘positive contributions’

May 8, 2025 by bp56691
Longbridge recorded a loss in Q1 but its parent company still remains bullish on its overall contributions to profitability.
Categories Ellington Financial, Longbridge Financial, Mortgage, Reverse

Finance of America posts a profit, beats funded volume estimates in Q1 2025

May 7, 2025 by bp56691
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.
Categories Earnings, Finance of America, Graham Fleming, HECM, HWmember, Reverse

Property insurers must prepare for aging population: report

May 7, 2025 by bp56691
As the global population ages more rapidly, property insurers must assess their offerings to meet the moment, according to a new report.
Categories Aging in Place, baby boomer, Homeowners insurance, HWmember, Retirement, Reverse

NRMLA co-chair outlines reverse mortgage advocacy plan

May 2, 2025 by bp56691
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.
Categories HECM, HWmember, NRMLA, Reverse

The potential benefits of senior property tax deferral programs

May 2, 2025 by bp56691
A longtime retirement researcher weighs in on the possible benefits of property tax deferrals for older homeowners.
Categories Boston College, HWmember, Massachusetts, Property Tax, Retirement, Reverse

Attendees encouraged by reverse mortgage conference in California

May 1, 2025 by bp56691
Attendees offer their thoughts on the first NRMLA reverse mortgage industry event of 2025 and what they found most valuable.
Categories C2 Financial Corp, California, Counseling, Finance of America, HECM, HWmember, NRMLA, Reverse

Liberty Reverse parent Onity praises Q1 earnings performance, proprietary product launch

April 30, 2025 by bp56691
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.
Categories Earnings, HECM, HWmember, Liberty Reverse Mortgage, Onity Group, PHH Mortgage Corp, Reverse

NRMLA co-chairs offer industry advocacy update

April 29, 2025 by bp56691
NRMLA co-chairs offer industry advocacy update
Reverse mortgage industry leaders offer a look at the advocacy work the trade association has engaged in so far in 2025.
Categories FHA, Ginnie Mae, House of Representatives, HWmember, NRMLA, Reverse, Senate

Longbridge’s Melissa Macerato on the impact of new proprietary product

April 28, 2025 by bp56691
Longbridge’s Melissa Macerato on the impact of new proprietary product
Longbridge Financial’s new proprietary addition is designed to reconnect with those short to close and appeal to younger eligible borrowers.
Categories Home Equity, HWmember, Longbridge Financial, Reverse, Team Leaders
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