Chart of the Day: CFPB Staff Outnumber Reverse Mortgage Lenders - Reverse Mortgage Daily

Chart of the Day: CFPB Staff Outnumber Reverse Mortgage Lenders Reverse Mortgage Daily The size of the CFPB (in terms of staff) dwarfs the number of active Federal Housing Administration-approved reverse mortgage lenders, which has dramatically declined from about 1000 in January 2010, to about 700 in January 2011, to less than 300 at ... and more »

Reverse Mortgage Lenders Are Hiring for Growth, Targeting Market Share - Reverse Mortgage Daily

Reverse Mortgage Lenders Are Hiring for Growth, Targeting Market Share Reverse Mortgage Daily With reverse mortgage lenders picking up market share as they continue into 2012, many top-10 producers are seeking originators as well as underwriters and operations managers. From phone salespeople to boots-on-the-ground originators, the industry is ... and more »

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 One of Puerto Rico's largest reverse mortgage lenders is expanding into the United States and plans to carve out a “niche” targeting the Hispanic population. With seven branches and 80 employees, Money House is the second largest reverse mortgage ...

Genworth, Security One Post Double-Digit January Gains - Reverse Mortgage Daily

Genworth, Security One Post Double-Digit January Gains Reverse Mortgage Daily Two reverse mortgage lenders saw their best months ever for production in January, with other top reverse mortgage lenders taking the opportunity to ramp up volume during the month. Security One Lending and Genworth Financial Home Equity Access both ...

Is a reverse mortgage the right choice? - Village News Network

Village News Network

Is a reverse mortgage the right choice? Village News Network A reverse mortgage is a loan for senior homeowners over 62 years old that uses some of their home equity as collateral. If a person keeps paying the property taxes and insurance on the home, the loan does not have to be repaid until the last homeowner ...