NRMLA urges HUD to loosen FHA property rules
NRMLA urges HUD to revise FHA property rules, citing shared wells, repair checks and second appraisals that raise HECM costs.
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NRMLA urges HUD to revise FHA property rules, citing shared wells, repair checks and second appraisals that raise HECM costs.
Key Takeaways Reverse mortgages are a loan option for homeowners age 62+ that convert home equity into cash with no monthly payments required. Loan balances grow over time with int...
Onity Group will cash out of its reverse mortgage business in a deal with one of the largest providers of the product in the U.S. The West Palm Beach-based mortgage servicer receiv...
The Mortgage Bankers Association (MBA) on Tuesday announced the launch of a new member forum dedicated to reverse mortgages and other senior-focused mortgage products.
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Atlantic Avenue led HECM brokers with 938 endorsements in the trailing 12 months as the top 5 companies stayed unchanged through March 2026.
Onity Group Inc. won regulatory approval for a revised sale of most of its reverse mortgage servicing rights to Finance of America, the company said Tuesday.
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Finance of America explains how reverse mortgages, reverse second liens and housing wealth strategies are helping originators serve today's senior homeowners
May HECM endorsements fell to 1,967, down 4.7% from April. Mutual of Omaha Mortgage led with 423 and a 21.5% market share.
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A mortgage executive says 30 million homeowners over 55 have equity they can't access, and brokers who understand the gap have a real opportunity
The Consumer Financial Protection Bureau could finalize changes to its Regulation X servicing rules while creating a regulatory pathway for streamlined GSE refinances by the end of...
At last week’s Western Regional Meeting of the National Reverse Mortgage Lenders Association, a panel discussion focused on ways to jumpstart HECM for Purchase through educational...
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