Reverse Mortgage
Latest Posts
Bank of America Paying Half of MIP on Fixed Rate Reverse Mortgages
Apr 15, 2010Bank of America announced to wholesale reverse mortgage customers it will pay 50% of the upfront Mortgage Insurance Premium (MIP) on all HECM fixed rate transactions. The new policy is effective April, 16 said the company in a statement to brokers. “In an effort to continue to drive additional benefit back to senior borrowers, this […]
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Governor Signs Bill to Require Reverse Mortgage Servicers Be Licensed
Apr 15, 2010 -
HUD Secretary Announces New Program to Help Smaller Lenders Access Ginnie Mae
Apr 15, 2010 -
Wholesale Volume Drops in February, New Top Lender
Apr 14, 2010 -
Executive Remains Bullish on Long Term Prospects for Reverse Mortgage Industry
Apr 13, 2010 -
Wells Fargo Eliminates Servicing and Origination Fee for Adjustable Rate HECM
Apr 13, 2010 -
Virtual Bank Leaves Wholesale Again, Will Focus on Retail
Apr 13, 2010 -
Meg Burns Leaving HUD to Join FHFA, Will Be Missed
Apr 13, 2010 -
With Industry Support, NRMLA Public Affairs Campaign Moves Forward
Apr 12, 2010 -
Principal Limit Reduction Update & Interview with Peter Bell
Apr 12, 2010