There are two more lenders that have joined the National Reverse Mortgage Lenders Association's new Wholesale Lenders Program. The companies are Live Well Financial Inc., Richmond, Va., and Generation Mortgage Co., Atlanta. Both are being treated as charter members of the group along with Bank of America Home Loans, Metlife Home Loans and Genworth Financial Home Equity Access Inc. Senior Lending Network is also listed as a participant, but the company said its Belgium-based parent is no longer making funds available for reverse mortgages. Sherry Apanay, senior vice president of wholesale lending at Generation, said "Wholesale lenders working together for the good of the reverse mortgage industry should make us all stronger."
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Panorama Mortgage Group's channels each had a different name, and SimplyPMG reflects a new emphasis on straightforwardness, said Hector Amendola, president.
May 29 -
The new unit, renamed XedaLink, will serve some of Xactus' direct competitors in the consumer reporting agencies space through a different platform.
May 29 -
The FHA published a request for information in the Federal Register Friday, looking for stakeholder comment on how to improve and modernize property standards.
May 29 -
Some international investors, who represent roughly 20% of Ginnie's market, are gravitating to real estate mortgage investment conduit securities.
May 29 -
The total delinquency rate rose 0.2 percentage points annually in March, with the share of loans 90 days late rising out of the range they were in since 2024.
May 29 -
The test of automated risk assessments for government-sponsored enterprise-eligible mortgages are designed to help determine when waivers might be possible.
May 29







