One Reverse Mortgage is encouraging seniors to take advantage of the Federal Housing Administration’s reverse mortgage program before the amount seniors can receive decreases between 1 and 5 percent. While FHA hasn’t officially announced the principal limit changes, the annual mortgage insurance premium (MIP) will increase from .5 percent to 1.25 percent. The MIP is [...]

One Reverse Mortgage is moving the company’s headquarters to downtown Detroit later this summer. The company said 110 team members will move to the Compuware Building and share space with its sister companies, Quicken Loans Inc., Fathead and In-House Realty.

One Reverse Mortgage announced Henry Winkler as its new spokesperson on Tuesday.  Known to most as “The Fonz” or Arthur Fonzarelli from Happy Days, he is also a published children’s author, producer, and has planned appearances on the upcoming second season of USA Network’s Royal Pains. “As we began the search for a spokesperson, our criteria [...]

One Reverse Mortgage announced it’s providing a customizable approach to increase the affordability of reverse mortgages for consumers. Under the new pricing promotion, each client’s personal situation will be analyzed by a mortgage banker, but through the new program, a special package of promotions will be created. Discounts in the package can include lower interest [...]

Former Quicken Home Loans executive David Hall announced the launch of Hall Financial. Based in Birmingham, Mich., the company will offer expertiese counsel through a range of loans including reverse mortgages. “With the broad changes in programs and guidelines over the past few years, it’s my goal with the launch of Hall Financial to take [...]

One Reverse Mortgage launched its new review site displaying survey results gathered from customers after they close on a reverse mortgage. According to the San Diego, CA based reverse mortgage lenders site, the reviews are from real people with real opinions, unedited (with the usual exceptions of personal info, profanity and off topic remarks being [...]