REO News

Vendors present at the NRMLA Western Meeting were optimistic about business prospects while acknowledging the hurdles the industry is facing.

The post Industry energy felt by vendors at latest NRMLA conference appeared first on Reverse Mortgage Daily.

Researchers take a closer look at why older adults are more likely to be denied a mortgage loan to purchase a home.

The post Research shows why older adults face a higher rate of mortgage denials appeared first on Reverse Mortgage Daily.

New data from HUD shows refis have dropped sharply, while H4P has increased and a new rate choice has taken hold among borrower preferences.

The post Reverse refis drop sharply as H4P regains lost ground appeared first on Reverse Mortgage Daily.

It will be a while before more of Gen X qualifies for reverse mortgages, but the cohort is already facing retirement woes.

The post Gen X confronts ‘harsh new reality’ with retirement readiness appeared first on Reverse Mortgage Daily.

NRMLA conference attendees expressed optimism after meeting with colleagues and learning tips and tricks from the event and their peers.

The post Attendees reenergized by reconnecting with peers at NRMLA conference appeared first on Reverse Mortgage Daily.

New research at Harvard, Berkeley and other institutions outline the challenges of addressing wealth gaps in retirement.

The post Research shows that the racial wealth gap is a hard hit for retirees appeared first on Reverse Mortgage Daily.

Officials saying they are “at the finish line" with the FHA handbook revisions, according to HUD experts who spoke at the NRMLA meeting.

The post FHA handbook with reverse mortgage policy changes is coming soon appeared first on Reverse Mortgage Daily.

CFPB found that LGBTQ+ seniors are more susceptible to fraud and that financial institutions are not always quick in assisting investigations.

The post CFPB shares lessons learned from elder financial abuse events appeared first on Reverse Mortgage Daily.

Reverse mortgage endorsement volume and HMBS issuance posted gains in May, while refis remain a fraction of pandemic levels.

The post Reverse volume and HMBS issuance inch up as refi levels stay low appeared first on Reverse Mortgage Daily.

Mutual of Omaha continues to pick up employees from RMF as it becomes more competitive and takes more leadership in the industry.

The post Mutual of Omaha hires Geoffrey Wallace to oversee strategic business appeared first on Reverse Mortgage Daily.