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....
Home values are rising and equity held by senior homeowners is growing, two positive signs that retirees are on steadier footing today than they were after the bubble burst. However, too many older adults are leaving the workforce underprepared to fund their longevity, and reverse mortgage... more
New American Funding has announced the appointment of Ellen Skaggs as national reverse production manager
New American Funding has announced the appointment of Ellen Skaggs as national reverse production manager, where she plans to expand the company's Reverse Mortgage Division nationwide. Skaggs is a seasoned professional in the mortgage industry and has closed more than 3,800 loans over the last 31... more
CIS Credit is now integrated with reverse mortgage platform, ReverseVisions’ RV Exchange
CIS Credit is now integrated with reverse mortgage platform, ReverseVisions’ RV Exchange. This integration provides banks, investors, brokers and lenders with increased efficiency and expanded options in qualifying reverse mortgage applicants. CIS provides consumer credit reports from Experian,... more
Fred Thompson
Fred Thompson, whose career trajectory included notable stints in Hollywood and Capitol Hill plus a sometimes controversial presence in the mortgage industry, died in Nashville from non-Hodgkin's lymphoma. He was 73.   Thompson initially began his professional life as an attorney and first gained... more