Reverse

Orange, Calif.-based All Reverse Mortgage has introduced ARLO, a loan optimizer tool for the reverse mortgage market
Orange, Calif.-based All Reverse Mortgage has introduced ARLO, a loan optimizer tool for the reverse mortgage market.   According to the company, this Web-based consumer pricing engine allows a prospective borrower to receive quotes on a different reverse mortgage plans, including interest rates... Keep Reading....
Mortgage originations are expected to top $2 trillion this year, according to the latest Monthly Outlook Report issued by Freddie Mac
The National Reverse Mortgage Lenders Association (NRMLA) has reported that homeowners aged 62 and older saw an overall 2.6 percent increase of $152 billion in senior home equity in the third quarter of the year, bringing the total to $6.1 trillion. The gains, largely driven by a 2.3 percent... more
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
The National Reverse Mortgage Lenders Association (NRMLA) has formally announced the members of its 2017 board of directors. The association’s directors were elected unanimously en bloc during a NRMLA business meeting held in November during the 2016 Annual Meeting in Chicago. The 2017 Board... more
American Advisors Group (AAG) has named industry sales veteran Jesse Allen as the company’s senior vice president of National Field Sales
American Advisors Group (AAG) has named industry sales veteran Jesse Allen as the company’s senior vice president of National Field Sales. Allen was responsible for running Bank of America’s reverse mortgage line of business, one of the largest reverse mortgage platforms in the history of the... more
The Federal Housing Administration (FHA) is proposing a new rule that it claims will strengthen its Home Equity Conversion Mortgage (HECM) program
Housing wealth continues to grow for U.S. homeowners ages 62 and older, providing seniors with added financial security in their retirement years, according to the National Reverse Mortgage Lenders Association (NRMLA), who reported that the aggregate value of senior home equity reached $5.9... more