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The Board of Directors of the National Reverse Mortgage Lenders Association (NRMLA) has unanimously elected Reza Jahangiri of American Advisors Group (AAG) and Scott Norman of Finance of America Reverse (FAR) to serve as Co-Chairs of the association from
The Board of Directors of the National Reverse Mortgage Lenders Association (NRMLA) has unanimously elected Reza Jahangiri of American Advisors Group (AAG) and Scott Norman of Finance of America Reverse (FAR) to serve as Co-Chairs of the association from now until the 2019 Annual Meeting.  ... Keep Reading....
Peru flag
  What’s the latest market for reverse mortgages? Believe it or not, it’s Peru.   According a report in BNAmericas, Peru's finance ministry introduced secondary legislation that defines the basic tenets of the country's new reverse mortgage law. This legislation will cover the rights and... more
Sales activity for home equity conversion mortgages (HECM) fell during the first five months of the year, according to new data from Reverse Mortgage Insight
Last month saw robust activity for the home equity conversion mortgage (HECM) market, according to new data published by Reverse Mortgage Insight.   HECM endorsement volume reached 3,197 loans in August, up 9.9 percent from July. August marked the second consecutive month for HECM endorsement... more
ReverseVision, a San Diego-based provider of technology and training for the Home Equity Conversion Mortgage (HECM) market, is making a new push to help lenders launch proprietary reverse mortgage products
ReverseVision, a San Diego-based provider of technology and training for the Home Equity Conversion Mortgage (HECM) market, is making a new push to help lenders launch proprietary reverse mortgage products.   ReverseVision stated that participating lenders can submit a completed proprietary... more
MortgageRewind.com, a new online reverse mortgage lending platform based in Silverthorne, Colo., is now online
MortgageRewind.com, a new online reverse mortgage lending platform based in Silverthorne, Colo., is now online.   MortgageRewind offers reverse mortgages, mortgage refinancing, new purchase mortgages, and home equity lending. Mortgages are currently only available to residents of Colorado, but the... more