Reverse

The Urban Institute’s Housing Finance Policy Center is proposing that the Federal Housing Administration (FHA) separate its reverse and forward mortgages in order the better mitigate risks to its programs
The Urban Institute’s Housing Finance Policy Center is proposing that the Federal Housing Administration (FHA) separate its reverse and forward mortgages in order the better mitigate risks to its programs.   In a blog posting, Housing Finance Policy Center co-director Laurie Goodman and non-... Keep Reading....
The Trump Administration’s charge that the Consumer Financial Protection Bureau (CFPB) was promoting a partisan agenda may not be entirely wrong, according to the Center for Responsive Politics’ Open Secrets Web site analysis of political donations made b
The Consumer Financial Protection Bureau (CFPB) has issued a report warning older consumers the use of about the use of reverse mortgages as a tool to bridge the gap in income if they decide to delay Social Security benefits until a later age.   The CFPB report found, in general, the costs and... more
WR Starkey Mortgage LLP has announced it would officially rename the company Certainty Home Loans LLC and launch a complete rebrand
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-... more
The Consumer Financial Protection Bureau (CFPB) has issued a proposal that would alter the reporting requirements for banks and credit unions that issue home equity lines of credit (HELOCs)
The Consumer Financial Protection Bureau (CFPB) has issued a proposal that would alter the reporting requirements for banks and credit unions that issue home equity lines of credit (HELOCs).   Under rules that are scheduled to take effect in January 2018, financial institutions are generally... more
Reverse Mortgage Funding LLC (RMF) is now offering LQ, a loan qualification engine for the Bloomfield, N.J.-based company’s approved broker partners and loan officers
Reverse Mortgage Funding LLC (RMF) is now offering LQ, a loan qualification engine for the Bloomfield, N.J.-based company’s approved broker partners and loan officers.   According to the company, the new technology is within Tango Reverse, RMF’s proprietary loan origination system, and is designed... more