Below are a few of the new jobs posted to our job board: Reverse Loan Officer (Atlanta) Retire Secure LLC Reverse Mortgage Originator (Nationwide) iReverse Home Loans, a Subsidiary of Hopkins Federal Savings Bank Housing Counselor (HECM certificate required) (Boston Area) American Consumer Credit Counseling Reverse Mortgage Originator – Virtual Banker (Nationwide) Allied Mortgage dba Reverse Ultra Reverse Mortgage [...]

The Georgia Department of Banking and Finance issued a notice of intent to revoke the license of Pacific Reverse Mortgage, Inc. d/b/a Financial Heritage on August 14, 2009 and has become final.    According to the notice, Financial Heritage failed to disburse funds in accordance with a written commitment or agreement to make a mortgage loan [...]

Rhode Island based Washington Trust announced the opening of a new mortgage lending office in Sharon, Massachusetts.  It’s the first residential lending office in Massachusetts and includes ten Washington Trust mortgage lending professionals who are both experienced and well-known in the Massachusetts market area. “This is a great time for Washington Trust to expand into [...]

The late Rep. Jack F. Kemp was named a recipient of the nation’s highest civilian honor, the Presidential Medal of Freedom.  Kemp along with 15 others including Stephen Hawking, Billie Jean King, Harvey Milk, and Muhammad Yunus received the award.  The Medal of Freedom is awarded to individuals who make an especially meritorious contribution to [...]

Wrestling with the issue of defaults on tax and insurance payments for properties which have reverse mortgages on them, private and public sector practitioners know they’re handling a hot potato issue, described succinctly by Steve Irwin as “headline risk.”  Irwin has been in the reverse mortgage business since 1995, serving now as a consultant but [...]

Ginnie Mae President Joseph Murin was supposed to have stepped down last week on Friday says the Wall Street Journal.  Murin, who has held the position since July 2008, told WSJ on Thursday that he plans to start a new business that will provide strategic advice and consulting to the mortgage industry. His resignation is [...]