Reverse

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... Keep Reading....
HomeBridge Financial Services has announced that Len Ricci, a reverse mortgage loan originator in its Hackensack, N.J. branch, has closed more than 1,000 reverse mortgages during the course of his career
HomeBridge Financial Services has announced that Len Ricci, a reverse mortgage loan originator in its Hackensack, N.J. branch, has closed more than 1,000 reverse mortgages during the course of his career, a significant achievement when taken into account the myriad of negative public misconceptions... more
The Freddie Mac Primary Mortgage Market Survey (PMMS) has found average mortgage rates in a downward motion for the week ending March 2
The nation’s seniors are holding $5.83 trillion in home equity, according to new data from the National Reverse Mortgage Lenders Association (NRMLA). The latest NRMLA/RiskSpan Reverse Mortgage Market Index (RMMI) hit a new record high during the fourth quarter of 2015 thanks to a $140.2 billion... more
Home Point Financial Corporation has announced that Steven J. Sless has joined the company as branch manager of the Towson, Md. branch to focus on the continued expansion of their reverse mortgage channel. Steven will manage the day-to-day operations, hold local events and connect with potential... more
American Advisors Group (AAG) has announced the launch of a new, 120-second television spot
American Advisors Group (AAG) has announced the launch of a new, 120-second television spot, depicting the reverse mortgage as a viable retirement planning tool. The commercial is airing now and scheduled to run over the next quarter of 2016. The ad will run across cable and national networks,... more