Cash-strapped American seniors are turning to reverse mortgages, a controversial type of loan that soared during the ...
The content of the full letter, reviewed by HousingWire’s Reverse Mortgage Daily (RMD), calls for Ginnie Mae to receive full funding in alignment with its 2025 budget request of $67 million for the ...
"Bankers want a quality turnkey reverse mortgage solution offered by a company with unparalleled expertise and a strong reputation for supporting the needs of our industry," said Ken Burgess, chairman ...
More than a year ago, New American Funding (NAF) launched a new marketing campaign that’s designed to inject a fresh attitude into how consumers view reverse mortgage products. Unlike NAF’s ...
These loans allow older homeowners to borrow against their home equity. But unlike a traditional loan, you don’t have to make a monthly mortgage payment when you take out a reverse mortgage. Instead, ...
Finance of America is buying Onity's MSRs and loan pipeline in this niche as PHH retains its role as a subservicer and ...
If you’re a homeowner looking for ways to tap into your home’s equity, two common options you might consider are a reverse mortgage and a home equity loan. Both allow you to use your home’s value to ...
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. There's a lesser-known reverse mortgage designed for specific, essential ...
As I type these words, I am sitting in front of one of Chuck Berry’s early residences in St. Louis. STL has a good musical reputation, a fine mortgage association, a Fed that puts out great research, ...