Former NY Life Team Plans New Reverse Mortgage Company Launch

A group led by former New York Life employees is in the planning stages of a standalone reverse mortgage business that will ultimately offer both Home Equity Conversion Mortgage (HECM) and proprietary reverse mortgage products in a “socially responsible” way.  “We are thinking about the reverse mortgage as part of an overall financial plan,” says […]

New York Life and AARP to Team Up on Reverse Mortgage Initiative?

New York Life has yet to make any official move into reverse mortgages, but more information has surfaced suggesting that the insurance powerhouse plans to work with AARP when it does. A new position posted on New York Life’s website shows the company is looking for a Senior Strategy Officer who will be responsible for […]