Bank of America
Latest Posts
Bank of America to Unload $92 Million of HECMs in Private MBS
Jul 29, 2010Bank of America Merrill Lynch is looking to sell a $92 million bond backed by “troubled” reverse mortgages backed by the Federal Housing Administration according to Reuters. The bond includes 760 HECMs with borrowers are all in distress situations, including foreclosure. Whether or not they’re T&I defaults isn’t clear, but one analyst told RMD they’re […]
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Wells, Bank of America, and MetLife Make Up 52% of Reverse Mortgage Volume
Jul 23, 2010 -
Chart of the Day: Age of HECM Borrowers Dropping Quickly
Jul 22, 2010 -
Financial Freedom Lowers HECM Fixed Rate, Enhances Product
Jun 03, 2010 -
Sun West Announces Zero Fee Reverse Mortgage
May 27, 2010 -
Bank of America Paying Entire Upfront MIP on Fixed Rate Reverse Mortgages
May 07, 2010 -
Bank of America Paying Half of MIP on Fixed Rate Reverse Mortgages
Apr 15, 2010 -
Bank of America Rolls Out Lower LIBOR Margin and Fixed Rate Products
Apr 05, 2010 -
Seattle Mortgage Brings Hulbert Back to Run Reverse Business
Mar 05, 2010 -
Bank of America Lends $13 Billion of Home Equity and Reverse Mortgage Loans in 2009
Feb 16, 2010