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Bank Of America Reverse Mortgages Headlines

Financial Assessment Leads to Reverse Mortgage Musical Chairs - Reverse Mortgage Daily


Financial Assessment Leads to Reverse Mortgage Musical Chairs
Reverse Mortgage Daily
Despite the still-fresh departures of reverse mortgage competitors such as Bank of America and Wells Fargo from the landscape, many lenders say they have seen interest from originators with a competitor that is still very much present in the ...

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Puerto Rico Reverse Mortgage Heavyweight Moving Stateside, Plans to Make ... - Reverse Mortgage Daily


Puerto Rico Reverse Mortgage Heavyweight Moving Stateside, Plans to Make ...
Reverse Mortgage Daily
... the second largest reverse mortgage lender in Puerto Rico with 26.5% of the market according to Reverse Market Insight. The company wants to build on its success and sees now as the perfect opportunity. “[With the exits of Bank of America and Wells ...

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Reverse Mortgages: Big Potential, Small Results - U.S. News & World Report (blog)


Reverse Mortgages: Big Potential, Small Results
U.S. News & World Report (blog)
Enter the reverse mortgage. It is the only mainstream financial product that permits older Americans to tap the equity in their homes. Reverse mortgages allow homeowners to get money out of their primary residences, and also free them from making ...

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With Role Lessened, Loan Chief Exits BofA - Wall Street Journal


Charlotte Observer

With Role Lessened, Loan Chief Exits BofA
Wall Street Journal
By DAN FITZPATRICK and JOANN S. LUBLIN Barbara Desoer, a high-profile mortgage executive who once was a candidate to become chief executive of Bank of America Corp., is leaving as the financial giant retreats from the home-loan business.
Bank of America's Desoer to retireCharlotte Observer

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US News and World: What's Holding Reverse Mortgages Back - Reverse Mortgage Daily


US News and World: What's Holding Reverse Mortgages Back
Reverse Mortgage Daily
Reverse mortgages should be gaining traction, and yet they are still not taking off, says a US News and World Report article published this week. How will struggling retirees support themselves through later life? “Enter the reverse mortgage,” the ...

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