July 2nd, 2009 | by John | published in News, Reverse Mortgage
LTC Global announced that Brett Carter has joined LTC Global as Director of Business Development of LTC Global’s Mortgage Division. Carter’s primary duties will include continued participation in the business activities of Next Generation Financial Services (NGFS), a leading originator of reverse mortgage products said a company statement.
LTC Global made an investment in NGFS […]
July 2nd, 2009 | by John | published in Leads, NRMLA, News, Reverse Mortgage
The National Reverse Mortgage Lenders Association issued two new Ethics Advisories which outline the expected standards and practices in selling other financial and insurance products as well as standards for mortgage lead generation activities.
The first Advisory 2009-01 “Ethical Offers of Other Financial and Insurance Products and Services” discusses ethical practices in which members […]
July 2nd, 2009 | by John | published in News, Reverse Mortgage
New York Times writer Bob Tedeschi wrote about the HECM for purchase program which enables older borrowers to use a reverse mortgage to buy a principal residence. While the guidelines for the program were released early in 2009, the program is just starting to catch on.
“The problem had been that lenders needed more information […]
July 1st, 2009 | by John | published in FHA, News, Reverse Mortgage
A new report from Government Accountability Office (GAO) found that the Department of Housing and Urban Development’s internal controls do not provide reasonable assurance that counseling providers are complying with HECM counseling requirements.
As part of the GAO’s examination, they participated in 15 HECM counseling sessions and found that while the counselors generally conveyed accurate and […]
July 1st, 2009 | by John | published in Celink, News, Reverse Mortgage, Servicers
Lansing, MI based Celink is celebrating its 40th year of business and despite being located in the heart of an economically troubled state like Michigan, John LaRose, CEO of Celink reflects on the past and looks with optimism to the future.
“There is an invaluable lesson organizations learn in order to weather the storms created […]
July 1st, 2009 | by John | published in News, Reverse Mortgage, Reverse Mortgage Jobs
Here are a few of the new jobs posted to Reverse Mortgage Jobs Online:
Reverse Mortgage Originator (Nationwide) iReverse Home Loans
Reverse Mortgage Originators (California) The Senior Equity Group, Inc.
Reverse Mortgage Careers (Multiple) Equitable Reverse Mortgage Company
Team Leaders Wanted (Irvine) American Advisors Group
Reverse Mortgage Virtual Banker (Nationwide) Allied Mortgage dba Reverse Ultra
The best and the brightest in the industry read RMD, reaching […]
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