Reverse mortgage companies are seeking new originators, underwriters and licensed reverse mortgage consultants in light of recent bank exits. If you are seeking a new opportunity in wholesale or retail, visit Reverse Mortgage Jobs Online. If you have experience in the reverse mortgage industry, or if you are looking for companies that provide leads to originators, [...]

What some in the industry have called “dramatic” changes to FHA lender approval requirements through Mortgagee Letter 2011-34, announced last week, could open up serious opportunity for mid-sized lenders who operate in many states across the country. Under the new rules, lenders are no longer limited by their office locations in terms of the states [...]

With an increasing number of seniors in danger of losing their homes as values continue to fall in many regions, one North Carolina non-profit organization is providing the solution by way of reverse mortgages. And it is starting to see success. The Foundation For Homeowners, based in Raleigh, North Carolina, provides counseling services to seniors [...]

Despite more than half of surveyed Americans reporting a loss of value in their homes of at least 10% during the housing market decline, 68% say their home’s value is still very or somewhat important to their retirement plan, a new COUNTRY Financial homeownership survey reveals. That number shoots up to 83% of those between the ages [...]

Financial institutions filed nearly twice as many loan fraud suspicious activity reports in the second quarter of 2011 than in the same quarter last year, a report released today by the Financial Crimes Enforcement Network states. The Los Angeles metropolitan area ranks No. 1 for suspicious activity, with California and Florida being the top states [...]

Despite the worst job market in decades and an influx of employee applications, some mortgage lenders are finding that the current job market is presenting new challenges. Some attribute a lack of qualified applicants to increasingly stringent licensing requirements, but there could also be a new challenge stemming from the larger mortgage industry’s role in [...]