NRMLA has submitted a series of comment letters to the U.S. Department of Housing and Urban Development (HUD), requesting clarification for recent guidance related to the selection of a new HECM rate index and asking for obsolete servicing forms to be retired.
A column at Forbes examines some of the ways in which the COVID-19 pandemic has changed the face of American retirement, and includes at least one instance where a reverse mortgage loan may be useful in meeting the needs of affected seniors.
Celink has launched a new servicing portal for borrowers online, containing many highly-requested features. Additional features are on their way throughout 2021, according to a Celink SVP who spoke about the portal with RMD.
Though wholesale and retail reverse mortgage volume dropped slightly in February, total monthly volume remains above 4,000 loans as a new player enters the top 10.
Fairway Independent Mortgage Corporation’s Harlan Accola shares some of the most efficient ways to enlist financial planners as reverse mortgage referral partners, with key advice coming down to knowing and appreciating the details of their business before walking into a meeting.
ReverseVision has announced that it has chosen Amazon Web Services as its preferred cloud technology provider, due to its scalability and platform performance.
The trial of former Live Well Financial CEO Michael Hild for an alleged bond fraud scheme kicked off in the Southern District Court of New York in Manhattan on Tuesday.
When keeping in mind the pros and cons of a home equity line of credit, one financial planner and industry participant describe how a reverse mortgage could be a better choice for some seniors.
Ennkar founder and branch manager Omar Ennabe sits down with RMD to discuss how the company doubled business last year, and what it hopes to do differently now that it’s broken into the top 10 lenders.
A reverse mortgage can serve as part of a financial plan designed to weather economic downturns, according to a column at Kiplinger.