Fitch’s Reverse Mortgage Report Criteria

A few days ago I posted that Ginnie Mae is looking to begin issuing reverse mortgage securities in the near future and to touch on this subject again I recently found that Fitch Ratings has posted a report on their reversemortgage criteria which goes over at length the pluses and minuses of issuing securities of these products. I found […]

More Competition Coming to The Reverse Mortgage Industry

In today’s Wall Street Journal an article was written about the costs that are associated with a reverse mortgage and some of the other pitfalls that can occur from a reverse mortgage.  They mentioned that Countrywide and Bank of America are planning to enter the reverse mortgage market and how this will create more competition […]