Reverse

Starkey Mortgage has announced the launch of its Reverse Mortgage Division, to be led by Ken Witte, Branch Manager and Reverse Mortgage Specialist
Starkey Mortgage has announced the launch of its Reverse Mortgage Division, to be led by Ken Witte, Branch Manager and Reverse Mortgage Specialist.   “We believe that offering a full range of loan products is best for our clients so we can assist everyone from the first-time borrower to the last-... Keep Reading....
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
American Advisors Group (AAG) has announced its designation as an approved reverse mortgage lender for United Real Estate. As an approved lender, AAG will educate United agents on reverse mortgage loans to present senior clientele an additional financing solution for home purchase.   “We’re proud... more