Industry veteran Elly Johnson has joined United Northern Mortgage Bankers, Ltd., where she will serve in the newly created position of vice president and chief operating officer of reverse lending. Johnson, who has spent more than 35 years in the mortgage industry, joins United Northern after serving as president of AllReverse Pro Consulting and the […]

Reverse mortgage wholesale volume bounced back to end 2015 on a positive note. But although total endorsement counts were less than what some industry leaders expected, 2015 was a big growth year for several reverse mortgage lenders on both the wholesale and retail sides. Overall, Home Equity Conversion Mortgage (HECM) endorsements totaled 56,363 units in […]