Account Login
Unknown browser not supported

i
Reverse Mortgage Solutions, Inc. (RMS) and REO Management Solutions, LLC were recently acquired by Mortgage Assets Management, LLC (MAM) as part of a stock and asset purchase transaction entered into with Ditech Holding Corporation. MAM is a mortgage portfolio investment company headquartered in Washington, DC.

REO News

How Alternative Equity Products Interact with the Reverse Mortgage Industry

In terms of the available options that consumers have to tap into their home equity, so far the paths toward that goal are relatively isolated to something like a Home Equity Line of Credit (HELOC) or a reverse mortgage, either proprietary or a Federal Housing Administration (FHA)-backed Home Equity Conversion Mortgage (HECM). While that is […]

The post How Alternative Equity Products Interact with the Reverse Mortgage Industry appeared first on Reverse Mortgage Daily.


HEQ Talk: Joe Langner, President of ReverseVision [Sponsored]

Earlier this year, reverse mortgage origination platform market leader ReverseVision welcomed a new president to the company. Joe Langner has ample experience in the forward mortgage world, and has visualized a distinct opportunity to leverage many of the relationships he’s spent his career developing to push the stature of the reverse mortgage business segment forward […]

The post HEQ Talk: Joe Langner, President of ReverseVision [Sponsored] appeared first on Reverse Mortgage Daily.


Forbes: Home Equity Tapping Options After Home Value Rises

For many people who have seen their home values rise during this low rate environment and additional activity in some regional real estate markets, some may be asking questions about what they can do to take advantage of these changes if they own a home. Taking equity out of the home is one such option, […]

The post Forbes: Home Equity Tapping Options After Home Value Rises appeared first on Reverse Mortgage Daily.


The Importance of Being a Reverse Mortgage ‘Ambassador’ in the Current Market

It’s important for everyone working in the reverse mortgage industry today to work as not only a brand ambassador for their own company, but as an ambassador for the reverse mortgage product category itself. This is one of the ways in which the word about reverse mortgages can be spread further, and how the share […]

The post The Importance of Being a Reverse Mortgage ‘Ambassador’ in the Current Market appeared first on Reverse Mortgage Daily.


NRMLA Sees Place for Alt. Equity Alongside Reverse Mortgages

The employment of a senior’s home equity in an effort to produce better retirement outcomes by either paying for expenses or increasing a retiree’s quality of life is a cornerstone of the messaging employed by the reverse mortgage industry. Increasingly, alternative equity tapping products are finding a place in the conversation, as several companies have […]

The post NRMLA Sees Place for Alt. Equity Alongside Reverse Mortgages appeared first on Reverse Mortgage Daily.


Parade: How to Determine if a Reverse Mortgage is Right for a Borrower

A Home Equity Conversion Mortgage (HECM) could be a viable choice for a potential borrower who has paid off their existing forward mortgage, and is looking for additional cash flow to fund expenses which may include repairs or healthcare costs. The solution should also make potential borrowers think long-term about associated costs and bequest assets, […]

The post Parade: How to Determine if a Reverse Mortgage is Right for a Borrower appeared first on Reverse Mortgage Daily.


Ginnie Mae: LIBOR-based HMBS Restricted Beginning in January 2021

The Government National Mortgage Association (GNMA, or “Ginnie Mae”) has announced new restrictions on the eligibility of Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) for adjustable rate loans operating off of the London Interbank Offered Rate (LIBOR) index, effective for all HMBS issuances dated on or after January 1, 2021, nearly a year ahead of […]

The post Ginnie Mae: LIBOR-based HMBS Restricted Beginning in January 2021 appeared first on Reverse Mortgage Daily.


HEQ Talk: Jesse Allen, EVP Alternative Distribution, AAG [Sponsored]

The reverse mortgage industry is on the cusp of change, and few people understand that better than Jesse Allen from American Advisors Group. As executive vice president of alternative distribution for AAG, Allen is accountable for vision, strategy and execution for the company’s national field sales and wholesale originations business. Using his 30 years of […]

The post HEQ Talk: Jesse Allen, EVP Alternative Distribution, AAG [Sponsored] appeared first on Reverse Mortgage Daily.


HEQ: Overcoming Misinformation is Key to Global Reverse Mortgage Business

Since a reverse mortgage is a complicated financial product, the way that direct-to-consumer advertising for the industry is structured can often make or break the perspectives that people can have about the product category. There are a fair amount of limitations concerning how reverse mortgages can be responsibly positioned to prospective customers since only senior […]

The post HEQ: Overcoming Misinformation is Key to Global Reverse Mortgage Business appeared first on Reverse Mortgage Daily.


U.S. News: Things to Consider Before Getting a Reverse Mortgage

Reverse mortgages can serve as a potential path for older Americans to gain access to additional cash in retirement, but there are several considerations a retiree should make before applying that are both pros and cons. This is according to a new column published this week in U.S. News & World Report. A primary advantage […]

The post U.S. News: Things to Consider Before Getting a Reverse Mortgage appeared first on Reverse Mortgage Daily.