Class Valuation has acquired Greenville, S.C.-based AMC SouthEastern Evaluation (SEE) in an effort to increase the company’s market share for AMC services in the southeastern United States.
A housing policy expert describes some of the essential ways the reverse mortgage industry may be able to act in order to get good HECM program policy from the government, including an aim to “reframe” the way they perceive the reverse mortgage as a tool for seniors.
As LIBOR replacements emerge with no totally clear successor rate index, a slew of potential replacement indices could fracture the reference rate landscape according to an article at Bloomberg.
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.
A prospective reverse mortgage borrower can certainly benefit from taking out the loan, but should also keep other facets of it in mind according to a new Forbes article.
Reverse mortgages may not be “loans of last resort” and can actually benefit a senior who is already well-positioned in retirement, according to a new Bloomberg article.
RMS co-founder and former president and CEO H. Marc Helm has been appointed to the board of directors for the LRES Corporation.
FAR’s parent company is acquiring a home renovation loan provider to launch a new vertical, which FAR sees as having “synergies” with seniors’ desires to age in place.
FAR has announced a new proprietary product combining elements of forward and reverse mortgages, so RMD sat down with company president Kristen Sieffert to learn more about it.
For seniors entertaining a cash-out refinance, one potential alternative they might consider exploring is a reverse mortgage according to Money.com.