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....
Platinum Data Solutions, a provider of comprehensive collateral valuation technologies, has announced that San Diego-based Plaza Home Mortgage Inc. has implemented Platinum Data Solutions’ RealView appraisal review technology in its Reverse Mortgage Division, which transacts reverse mortgages... more
Urban Financial Group Inc. has named Kenneth F. Sawan as vice president of retail sales, leading Urban’s retail expansion efforts. Sawan began his career in the reverse mortgage industry nearly 20 years ago. He has extensive knowledge and experience in all areas of origination, processing and... more
MetLife Inc. has announced that it is exiting the reverse mortgage business, and that Nationstar Mortgage LLC will be purchasing MetLife Bank's reverse mortgage servicing portfolio. The transaction is subject to certain regulatory approvals and other customary closing conditions. MetLife Bank will... more
Data released by the National Reverse Mortgage Lenders Association (NRMLA) shows that senior home equity increased by $30 billion in the fourth quarter of 2011. Seniors have $3.22 trillion in home equity available according to the most recent NRMLA/Risk Span Reverse Mortgage Market Index (RMMI)... more