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Reverse mortgage lenders leading challenge is to convince the public that the product "is as good as it actually is," declared the top executive of Generation Mortgage, Atlanta.
June 17 -
A trend toward increased debt in general on the part of borrowers becoming eligible for reverse mortgages is something lenders that want to stay the course in this niche have to adapt to, and two veteran originators now entering the funding business believe the answer lies in careful underwriting.
June 17 -
Capital One Financial Corp. will acquire $41 billion of mortgage loans and $20 billion in various types of MBS as part of its $9 billion purchase of ING Direct USA.
June 17 -
Stonegate Mortgage Corp., Fishers, Ind., this week hired industry veteran Dan Bettenburg as its new president.
June 17 -
PNC Mortgage said it has hired Lynette Hale-Lee from Prospect Mortgage to run the bank-owned lender’s Western regional area for strategic partnerships.
June 17 -
When the largest lender –by far – in a mortgage niche exits the sector it usually signals that trouble is afoot. But according to the head of the National Reverse Mortgage Lenders Association, Wells Fargo’s exit from the reverse business is not a death knell.
June 17 -
What McDonald's did for restaurateurs, LenderCity wants to do for mortgage originators.
June 17 -
Not every bank is heading for the hills when it comes to reverse mortgage lending.
June 17 -
The Washington, D.C., metro area, shown in many house price indices as one of the few markets where values are growing, is continuing its upward and onward trend, according to one forward looking benchmark.
June 17 -
Even though the single-family rental market is becoming a popular trend during these troubled times in the housing industry, there is still a desire for Americans to become homeowners at some point.
June 17



