The U.S. government is seeking to nullify a series of defenses made by a reverse mortgage lender in a lawsuit stemming from loans originated between 2008 and 2010.
The leading reverse mortgage lender in Canada will be acquired by a province’s pension plan board for teachers, which is described as a leading institutional investor.
A new reverse mortgage company aims to modernize the product offering for borrowers north of the border, and the founder of the organization tells RMD how he aims to accomplish that.
More perspectives about appraisal challenges are shared with RMD by reverse mortgage professionals, including regional appraisal issues regarding second appraisals.
AAG announced the availability of a new online borrower portal, designed to offer more convenience to a demographic which finds itself increasingly online.
American Advisors Group (AAG) has entered into a new partnership with a membership community dedicated to connecting seniors with certified home modification providers and contractors.
With a crunch on appraisals taking place across the mortgage industry, reverse mortgage professionals share with RMD what they’re seeing when trying to get properties accurately appraised.
Primary Residential Mortgage (PRMI)’s Steven J. Sless Group, the lender’s consumer-direct retail branch focused solely on reverse mortgages in Owings Mills, Md., has been named as the PRMI organization’s dedicated center for the origination of reverse mortgage products.
RMF has been named a Long Island Top Workplace for the third year in a row, based entirely on employee feedback.
RMF has announced a new strategic hire and two new promotions aimed at bolstering its customer satisfaction, while also meeting additional reverse mortgage product demand.