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 […]

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 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 […]