RMF has announced that it has lowered the minimum age of eligibility to 55 on its Equity Elite proprietary reverse mortgage products, the youngest age that can be served by the American reverse mortgage industry.
A new player in the alternative equity tapping space has aimed to compare their sale leaseback to reverse mortgages, but such an idea is not a totally new concept.
A column at Money.com discusses why baby boomers may be uniquely suited for reverse mortgages, and also makes mention of using a reverse mortgage for purchase.
Jack Guttentag examines over 20 reverse mortgage lender websites in a new column, finding only 6 lenders allow a borrower to comparison shop without identifying themselves prior to choosing a lender.
LRES Corporation has acquired Keystone Asset Management, Inc., a company with which it has collaborated in the past. The move is expected to bolster LRES’ servicing solutions channel.
National appraisal management company Class Valuation has added a new chief technology officer to bolster its national expansion.
RMD compiles additional perspectives from across the reverse mortgage industry about reverse mortgages for purchase: what works, what doesn’t and how to grow the niche offering beyond single-digit penetration.
Reverse mortgage professionals across the country share perspectives on the current refinance boom, and how it could impact business in the future.
The Founder and CEO of RMD’s new parent company HW Media, Clayton Collins, sits down with us about why reverse mortgages are worth investing in, and what RMD’s new home could mean for the reverse mortgage industry.
A columnist describes how reverse mortgages could potentially become a new vehicle to allow for real estate investments in the future, though reputational issues linger.