Says it is working with state regulators to ensure fairness in advertising and teach consumers where to go for help.
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CFPB Issues Warnings On Reverse Mortgage Marketing
Movement Mortgage Expands Into Reverse Mortgage
South Carolina mortgage company hires industry vet to run the operation
Aug 02, 2023
PHH Mortgage Signs Subservicing Deal With Finance of America Reverse
PHH, a subsidiary of Ocwen Financial, says deal offers opportunity to grow its reverse subservicing portfolio.
May 05, 2023
Judge Approves Liquidation Plan For RMIT
Decision OK'd after one-day delay for reverse mortgage lender to provide additional funding information.
MISMO Recruiting For New Reverse Mortgage Group
The development work group will analyze and develop standards for reverse mortgages.
Objections Raised To RMIT Chapter 11 Liquidation Plan
Lack of funds, plan to cease loan servicing among issues cited.
PrimeLending Now Offering Reverse Mortgages
Dallas-based lender saw its loan originations fall 46% in 2022 from a year earlier.
Apr 07, 2023
Guild Mortgage Expands Reverse Mortgage Division
Announces plan after acquiring Cherry Creek Mortgage, a top 10 HECM lender.
Mar 20, 2023
Fairway Overhauls Its Reverse Mortgage Channel
Company decentralizes its operations and creates Reverse Advisory Council.
Jan 30, 2023
Bankruptcy Court Judge OKs Up To $124.5M In Financing For RMIT
Reverse mortgage lender & servicer also faces lawsuit over November layoffs.
Dec 09, 2022