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GNMA

Reverse Mortgage REMIC On Its Way

May 7th, 2008  |  by admin  |  published in GNMA, RM Products, Reverse Mortgage

At this weeks Secondary Marketing Conference in Boston, Ginnie Mae mortgage banking analyst, Justin Burch hosted the session “Reverse Mortgages - Outlook for Industry”.  According to the National Mortgage News, Mr. Burch told attendees that the Home Equity Conversion Mortgage REMIC, which has been discussed for the past six months, “is coming.”
Mr Burch believes the […]


Mortgage Bankers Association Secondary Market Conference: Reverse Mortgages

April 28th, 2008  |  by admin  |  published in GNMA, News, Reverse Mortgage

Next week the Mortgage Bankers Association is having their annual Secondary Marketing Conference & Expo at the Hynes Convention Center in Boston.  The MBA continues to show interest in tapping the reverse mortgage market and recently hosted their first Reverse Mortgage Conference in San Diego the same week at NRMLA’s regional event in Philadelphia.
Reverse […]


MDMC Completes First Reverse Mortgage Agency Delivery

January 2nd, 2008  |  by admin  |  published in GNMA, RM Products

MDMC recently announced that they have completed their first agency delivery of almost 5,000 loans for over $500 million of reverse mortgages.  As the demand for reverse mortgages continues to increase MDMC has expanded its reverse mortgage offerings to meet the growing need.  MDMC is a national mortgage analysis firm headquartered out of Las […]


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John R. Yedinak is a licensed Loan Originator and works for Vacation Finance An Illinois Residential Mortgage Licensee.

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