The National Reverse Mortgage Lenders Association has announced the development of a new trade website, NRMLAOnline.org, that it terms "a comprehensive resource for lenders that are adding new sales staff or just entering the business and want to know how to be successful."The new site features a Reference/Publications section with links to articles on such topics as getting started in the reverse mortgage business; marketing and origination; processing and underwriting; and industry statistics. Other features include: a Vendor Directory with contact information for NRMLA members that provide ancillary services such as title insurance; a NRMLA section with links to membership information and the association's Code of Conduct and Best Practices; and an Events section with information on programs and conferences. The new site can be found at http://www.nrmlaonline.org.
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CrossCountry increased its agreed-to offer for the real estate investment trust by 50 cents per share, as UWM Holdings made an unsolicited bid on April 20.
8h ago -
The former Wall Street player blamed its decline on rising interest rates, trouble at its lending subsidiary, and debt stemming from the Great Financial Crisis.
9h ago -
The Federal Open Market Committee's April meeting — likely Federal Reserve Chair Jerome Powell's last — is unanimously expected to keep interest rates steady, but questions about energy, inflation and the upcoming transition in leadership still loom.
April 28 -
Jonathan Corr, the former CEO of Ellie Mae, is one of six new members of MeridianLink's board, added following its acquisition by Centerbridge Partners.
April 28 -
Newrez expects significant expense reductions from AI partnerships with HomeVision and Valon, as executives rule out mergers and a Rithm spinoff amid strong Q1 earnings.
April 28 -
More than half of the major metropolitan markets in the United States posted year-over-year price declines in February, according to a new report.
April 28







