Report: RMBS Credit May Bend, But Not Break
DBRS Morningstar anticipates lending volumes will be lower and credit performance will begin to slip.
Tagged: Reverse Mortgages
Bankruptcy Court Approves RMF Requests
Payments to reverse mortgage borrowers to resume.
Reverse Mortgage Funding Lays Off 400
Lender cut 80% of staff a week after pausing mortgage originations.
Reverse Mortgage Funding 'Pauses' Originations
Lender tells partners it won't fund loans that haven't already closed.
The Reverse Mortgage Refi Boom Is Over
RMI report shows HECM loans in September at lowest point in 2.5 years.
Stewart Acquires Reverse Mortgage Leader FNC Title Services
Stewart also signed an agreement to acquire FNC Title of California, pending regulatory approval
Finance of America Posts Nearly $1.4B Loss Due To Accounting Change
A 53% increase in Specialty Finance and Services (SF&S) segments revenue almost entirely offset the decline in mortgage revenue similarly experienced by the broader market.