Nationwide Opens New Las Vegas Branch with Brewer, Rodriguez

Nationwide Equities this week announced the opening of a new office in Las Vegas helmed by a pair of reverse mortgage industry veterans. Jesse Brewer and Rick Rodgriuez will run the Mahwah, N.J.-based Nationwide’s new Nevada office, which will offer both Home Equity Conversion Mortgages and forward loans. “In today’s market, it is very expensive […]

Confusion Reigns in Appraisals for Reverse, Forward HUD Loans

This spring, the National Reverse Mortgage Lenders Association invited representatives from the Department of Housing and Urban Development to share their most pressing concerns about the state of the Home Equity Conversion Mortgage program at their pair of regional conferences, and the answer was the same at both: appraisal quality, particularly for HECM-to-HECM refinances, will […]