Reverse | Page 9 | National Mortgage Professional Magazine
Finance of America Reverse LLC (FAR) has appointed Jessica Hanson as an account executive in the Wholesale Lending Department

Finance of America Reverse Launches New Reverse Product

Finance of America Reverse LLC has launched HomeSafe Select, a proprietary HELOC reverse mortgage...Read more
A surge in refinancing helped drive up mortgage applications activity for the week ending Oct. 4, according to data from the Mortgage Bankers Association

FHA Revises HECM Servicing Requirements

The Federal Housing Administration (FHA) has revised requirements for Home Equity Conversion...Read more
NewDay USA has introduced Operation Home

Former Maryland Governor Joins NewDay USA’s Board of Advisors

NewDay USA has announced that former Maryland Gov. Bob Ehrlich, a longtime supporter of U.S...Read more
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

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