As FAR’s parent company begins its trading week on Wall Street, the reverse mortgage lender remains confident in its new position, while early share price values have fallen.
A former HUD regional administrator from the Trump administration has been found to have violated the Hatch Act, a key ethics rule designed to prohibit government employees from engaging in political activity when performing official duties.
PRMI’s Steven J. Sless Group has partnered with the Institute for Divorce Financial Analysts, potentially opening up additional avenues of reverse mortgage business.
The CFPB has issued a request for public comment on newly-proposed rules for forward mortgage servicers, and has said it is continuing to monitor the reverse mortgage market to determine if it needs to intervene in it.
Fairway Independent Mortgage has promoted one senior member of its reverse mortgage team, who in his first action has added two veteran account executives.
Both reverse mortgage endorsement volume and HMBS issuance recorded increases in March, on the heels of positive HECM program news in the MMI Fund. RMD speaks with an industry analyst about these developments.
The NRMLA/RiskSpan Reverse Mortgage Market Index shows another impressive quarterly increase, as well as positive year-over-year data.
FAR VP of Retirement Strategies and financial planner Stephen Resch helps describe how reverse mortgage professionals may best approach people in his profession for referral partnerships.
People often hear of reverse mortgages described as “loans of last resort,” but Fairway Reverse Mortgage Director Harlan Accola turns that notion on its head in a column at Nasdaq.
Steven Sless and Christina Harmes Hika of PRMI discuss the intricacies of changing companies in the reverse mortgage business, and some of the challenges in training forward originators to do reverse business.