Reverse

As part of World Elder Abuse Awareness Day (WEAAD), the National Reverse Mortgage Lenders Association (NRMLA) and the National Aging in Place Council (NAIPC) have jointly launched new consumer Web pages
As part of World Elder Abuse Awareness Day (WEAAD), the National Reverse Mortgage Lenders Association (NRMLA) and the National Aging in Place Council (NAIPC) have jointly launched new consumer Web pages to help seniors recognize the signs of abuse and report instances of financial fraud and... Keep Reading....
Norcom Mortgage has added Pete Mendenhall as vice president of Reverse Lending
Norcom Mortgage has added Pete Mendenhall as vice president of Reverse Lending.   “I am very impressed with the Norcom culture that President and CEO Phil DeFronzo has fostered and built over the last 28 years,” said Mendenhall. “Dating back to the beginning while working side by side with his... more
GSF Mortgage Corp. continues to expand GSF Funding, the TPO/Correspondent Lending Division and welcomes David Kirchen as the new director of TPO/Correspondent Lending
The U.S. Department of Justice has announced that Austin-based Financial Freedom has agreed to a settlement of more than $89 million to resolve charged that it violated the False Claims Act and the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA) in connection with its... more
Retirement-aged homeowners saw a combined 2.8 percent increase of $170.7 billion in home equity during the fourth quarter of 2016
Retirement-aged homeowners saw a combined 2.8 percent increase of $170.7 billion in home equity during the fourth quarter of 2016, which increased their total housing wealth to $6.2 trillion, according to new data from the National Reverse Mortgage Lenders Association (NRMLA).   During the fourth... more
Most older homeowners are reluctant to tap into their home equity as a means of strengthening their financial retirement
Most older homeowners are reluctant to tap into their home equity as a means of strengthening their financial retirement, according to new research released the National Council on Aging (NCOA) through its subsidiary NCOA Services LLC.   Culling data from focus groups involving 112 consumers aged... more