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.
Category: Products
A column at the Motley Fool examines why borrowing against the home may be a better choice in certain instances than conventional borrowing.
A column at Forbes Advisor details that while a reverse mortgage may work for some seniors, there are certain “realities” about the category to consider before deciding on getting such a loan. RMD offers this story so reverse mortgage professionals can remain aware of conversations about the product category.
Longbridge Financial has introduced two new key features to its online servicing platform across a web portal and mobile app, including signature-less draws and online occupancy certifications.
HECM for Purchase (H4P) continues to be a “niche within a niche” in the reverse mortgage industry, so RMD caught up with representatives from major lenders and an industry analyst to try and take the temperature of how that variation is performing in 2021.
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.
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