Reverse Rate, a lead provider for the reverse mortgage industry announced a new type of campaign earlier this week. The company is now offering leads where seniors have already been through HECM counseling, a requirement of the Department of Housing and Urban Development.

Move Inc. announced the released of MortgageMatch.com, a real time mortgage pricing engine developed to give first time buyers or refinancing owners the tools they need to find and pre-qualify for the right loan in as little as 10 minutes. Developed in partnership with Houston based Cornerstone Mortgage, MortgageMatch.com leverages a pricing engine designed to [...]

Genworth Financial Home Equity Access has acquired the reverse mortgage websites of Premium Reverse Leads, a lead company based in Chicago, IL. RMD has been aware that the two companies were discussing a deal for quite some time, but it’s clear the acquisition recently closed after seeing the domain ownership was transferred to Genworth late [...]

The Massachusetts Division of Banks (DOB) issued a cease directive against Reverse Mortgage Directory, LLC, which operates ReverseMortgageAdviser.com, a lead provider for violations of general state law. According to the DOB, the company used an online advertisement that contained the following language: ”Stimulus for Seniors”, “Government Guaranteed”, and “Get Money Now”.  After a review of the [...]

Last chance to sign up for a free webinar on how to lower your reverse mortgage lead costs from Reverse Fortunes. With the costs of leads continuing to rise, Reverse Fortunes will teach you proven and achievable strategies to lower your lead cost per transaction. They will cover: Internet leads: How to work in a competitive market Referrals: [...]

New Retirement released a new reverse mortgage calculator available to both consumers and website providers through a widget that can be placed on their website. Designed for seniors and their relatives, the calculator uses homeowners ages, home values, and the balance on any mortgages or liens to calculate the estimated loan amount said the company.