The COVID-19 coronavirus pandemic had a pronounced effect on reverse mortgage capital markets shortly after the White House announced a national emergency related to the pandemic in March, but the markets have continued to recover. That’s not to say that the industry shouldn’t remain vigilant, however. This is according to Dan Ribler, director at real […]
Pricing for Home Equity Conversion Mortgage (HECM) loans has been fluctuating in recent days due to the effects of the COVID-19 coronavirus pandemic, with reverse mortgage brokers and originators reporting drops in both basis points and in investor activity related to the trading of bonds and other financial products. Proprietary product pricing is also reportedly […]
Reverse mortgage pricing and analytics company Baseline Reverse has announced the hiring of Kathryn Ferriman as its new vice president, with her focus centering on providing reverse mortgage valuation services, while bringing mortgage servicing right (MSR) valuation knowledge and experience. Her addition is a part of Baseline’s growth strategy, according to a press release announcing […]
Reverse mortgage pricing and analytics company Baseline Reverse has been acquired by real estate consulting and technology firm SitusAMC, which made the acquisition to build upon its position in the analytics and valuation of mortgage servicing right (MSR) assets. Terms of the deal were not disclosed. Baseline’s service offering will join SitusAMC’s Analytics, Pricing, and […]
Top-20 reverse mortgage lender 1st Reverse Mortgage USA is introducing a new pricing engine product through a partnership with Baseline Reverse. The engine, called ‘Surelock,’ utilizes real time data from capital markets and implements it into the 1st Reverse Mortgage loan origination platform. By allowing loan officers to enter key pieces of information about a […]
