News

‘Limitless’ Director Neil Burger Is A SRK Fan. NEW DELHI (ANI) – Acclaimed filmmaker Neil Burger, known for The Illusionist and Limitless, recently expressed his deep admiration for India ...
Finance of America Reverse originated more reverse mortgages in 2024 than any other lender, and by a significant margin. The lender offers FHA-backed home equity conversion mortgage (HECM) loans ...
As announced by the U.S. Department of Justice (DOJ) at the time, Mark Steven Diamond, who was accused of “bilking elderly homeowners in a reverse mortgage and home repair scheme,” was ...
The latest MISMO reference model includes “greater support for the origination and underwriting of a reverse mortgage.” ...
GoodLife Home Loans, dba of Bellevue, Wash.-based Traditional Mortgage Acceptance Corporation (TMAC), announced this week that it has launched a new retail reverse mortgage division to add to its ...
HELOC vs. reverse mortgage: What seniors should consider now. Eligible senior homeowners who are considering borrowing against their home's values can look into a home equity line of credit or a ...
The reverse mortgage industry’s premier trade association held its first event of 2025 this past week. While the mood was generally upbeat among the roughly 150 attendees who made the journey to ...
On Tuesday, the National Reverse Mortgage Lenders Association (NRMLA) held its first dedicated reverse mortgage industry event of the year. The association’s Western Regional Meeting in Irvine ...
The fixed-rate product has a maximum loan limit of $4 million, on par with other proprietary offerings in the space. In some states, it has a minimum age qualification of 55 (which rises to 60 and ...
A proprietary reverse mortgage product first made available prior to the COVID-19 pandemic and before its discontinuation is now making a return, according to an announcement this week by Onity Group.
PHH Mortgage launches EquityIQ®, a proprietary reverse mortgage product for seniors, enhancing access to home equity. Quiver AI Summary. PHH Mortgage, a subsidiary of Onity Group Inc., has ...
Finance of America (FOA) retained its spot as the top HMBS issuer in the industry in Q1, issuing 72 pools with an aggregate amount of $435.9 million for a market share of 28.2%. Also retaining its ...