As new proprietary reverse mortgage products are teased and released, California sits as a prime potential market for borrowers looking for home equity-tapping options outside of the federal program. Favorable tax laws, high property values, and a large retiree population are a few reasons why jumbos could be poised to take off in the state. This […]
Category: All Reverse Mortgage
With seemingly everything available with the click of a mouse, some reverse mortgage product innovators don’t want their products to be an exception. In October, Liberty Home Equity Solutions president Michael Kent told RMD that developing this type of system is one of his priorities for 2018. He said that personally he would want to […]
The Department of Housing and Urban Development made a major announcement about the health of the federally backed reverse mortgage program, and the industry convened in San Francisco for its flagship annual convention. It was a busy week in the world of Home Equity Conversion Mortgages, so check out RMD’s handy all-in-one guide to the […]
All Reverse Mortgage on Monday announced a new reverse mortgage comparison tool for potential borrowers, becoming one of the first companies to directly respond to the new post-October 2 landscape. The All Reverse Loan Optimizer, or ARLO, allows prospective Home Equity Conversion Mortgage applicants to preview an array of different loans with a variety of […]
