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Although refinancing activity has soared by 94 percent since hitting an 18-year low in the fourth quarter of 2018, refinance retention rates fell by three percentage points to 26 percent in the third quarter of this year

FHA Changes Appraisal Policy on HECM Properties

The Federal Housing Administration (FHA) will now requiring lenders originating new Home Equity...Read more

Senior Home Equity Up in Q2

Housing wealth for homeowners 62 and older grew to $6.9 trillion during the second quarter,...Read 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

KBRA Offers New Guide to Reverse Mortgages

Kroll Bond Rating Agency (KBRA) has published “Five Things to Know About Reverse Mortgages,” a free...Read more
RiskSpan, an Arlington, Va.-based mortgage data analytics provider, has added home equity conversion mortgage data to the dataset library on its RS Edge Platform

RiskSpan Adds HECM Data to Platform

RiskSpan , an Arlington, Va.-based mortgage data analytics provider, has added home equity...Read more
Peru flag

Reverse Mortgage Laws Introduced in Peru

What’s the latest market for reverse mortgages? Believe it or not, it’s Peru. According a report in...Read 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

HECM Endorsement Volume Up

Last month saw robust activity for the home equity conversion mortgage (HECM) market, according to...Read more
ReverseVision has announced a partnership with Total Expert to deploy an API integration that links the Total Expert MOS with ReverseVision’s RV Exchange (RVX) loan origination platform

ReverseVision Debuts Proprietary Reverse Mortgage Service

ReverseVision , a San Diego-based provider of technology and training for the Home Equity...Read more
MortgageRewind.com, a new online reverse mortgage lending platform based in Silverthorne, Colo., is now online

Reverse Mortgage Start-Up Launches

MortgageRewind.com , a new online reverse mortgage lending platform based in Silverthorne, Colo.,...Read more
Longbridge Financial LLC, a Mahwah, N.J.-based reverse mortgage lender and servicer, has introduced the Platinum Reverse Mortgage Program for wholesalers and consumers

Longbridge Debuts Platinum Reverse Mortgage Program

Longbridge Financial LLC , a Mahwah, N.J.-based reverse mortgage lender and servicer, has...Read more
According to the U.S. Department of Housing & Urban Development (HUD), Homebridge Financial Services continues to lead the country in renovation mortgages according to HUD’s year-end 203(k) Endorsement Summary

Reverse Mortgage Specialist Dan Altman Joins the Homebridge Team

Homebridge Financial Services has announced that Dan Altman has joined the company as a Mortgage...Read more

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