Mortgage Cadence announced significant enhancements to its compliance support services, specifically adding one-of-a-kind “Compliance Modeling” to the Mortgage Cadence Orchestrator platform. This compliance approach provides reverse mortgage lenders with the expertise and compliance automation tools needed to address constantly changing state and federal rules and regulations.

Reverse mortgage companies are looking to expand, check out the latest jobs from Reverse Mortgage Jobs Online: Reverse Mortgage Originator (Miami Lakes) Mortgage Bankers of Florida Loan Officer (Florida) Christensen Financial Reverse Mortgage Specialist (Nationwide) Financial Freedom Reverse Mortgage Specialist (South Carolina, Florida, Tennessee, Georgia)AAXA Mortgage Reverse Mortgage Loan Officer (Nationwide) Equitable Reverse Mortgage Take [...]

The secondary market for reverse mortgages is welcoming the expansion of adjustable rate securitizations through Ginnie Mae’s HMBS (HECM MBS) program. Leading the way for its sheer size is Bank of America, which is producing $200 million to $300 million a month in fixed and adjustable HMBS, according to Alan Cates, pricing strategy and secondary [...]

Next Generation Financial Services announced that Robert Cannon has joined the company as its Chief Executive Officer.  Cannon succeeds acting President Richard Pitbladdo, who will continue to serve as CFO. Prior to joining NGFS, Cannon was a principal of the Equitas Group, a group of companies he founded that developed private label reverse mortgage programs [...]

Reverse Mortgage Daily and Sam Collins are presenting another free training session on December 1, 2009 at 2:00 PM where Sam will cover “Making the Most of the Remainder of 2009 and Getting Ready with Your Strategic Plan for 2010." He will help open your mind and show you how to make use of every [...]

Over the past few weeks I’ve been seeing hearing from more people about their frustration with AARP and their support (or lack there of) for reverse mortgages. Whether or not you like AARP, the organization has been supportive of the program and the industry.  For example, while most people are quick to say that AARP [...]