Real Estate MISMO working group targets January for new reverse mortgage standardsOctober 15, 20240 The Mortgage Industry Standards Maintenance Organization (MISMO) is looking to release reverse mortgage standards from its work group by January…
Real Estate Reverse mortgage leaders praise FHA engagement, back-end improvementsOctober 8, 20240 Despite facing challenges in sales volume in 2024, the reverse mortgage industry remains optimistic about the involvement of the Federal…
Real Estate With a potential new rate environment coming, how will reverse mortgage lenders pivot?August 31, 20240 In a recent statement, Federal Reserve Chair Jerome Powell hinted at the possibility of a cut in the federal funds…
Real Estate Reverse mortgage volume rose in July while securitizations fellAugust 10, 20240 In July, the reverse mortgage industry saw a split in key performance indicators, as reported by industry analysts. Home Equity…
Real Estate Smartfi hires industry vet Fiore to lead newly created retail reverse divisionJuly 30, 20240 Smartfi Home Loans, a San Diego-based company primarily operating as a wholesale lender in the reverse mortgage space, is expanding…