Reverse

American Advisors Group (AAG) has announced its designation as an approved reverse mortgage lender for United Real Estate. As an approved lender, AAG will educate United agents on reverse mortgage loans to present senior clientele an additional financing solution for home purchase.   “We’re proud... Keep Reading....
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
Norcom Mortgage has appointed John Luddy as vice president of reverse lending
Norcom Mortgage has appointed John Luddy as vice president of reverse lending. Luddy joins Norcom Mortgage with 30-plus years of mortgage origination experience. Early in his career, he assisted thousands of Connecticut families in buying their first homes, but has focused the last 10 years serving... more
House Atop Money Pic
The level of home equity among the nation’s seniors reached $4.08 trillion during the second quarter, a new record high, according to data released by the National Reverse Mortgage Lenders Association (NRMLA). According to NRMLA, this activity was driven by an estimated $122.8 billion increase in... more