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REO Management Solutions, LLC was recently acquired by PHH Mortgage Corporation (PHH) as part of an asset purchase transaction entered into with Reverse Mortgage Solutions, Inc (RMS). For over 30 years, PHH Mortgage has provided industry-leading mortgage services and helped countless homebuyers and homeowners find financing solutions to meet their needs. For more information, please visit https://www.phhmortgage.com/.

Attention REOCentral users: Please be aware that Microsoft is retiring Internet Explorer 11 on June 15 and officially replacing it with Microsoft Edge. To avoid any REOCentral service disruption, follow instructions on "How to Set Up Settings to Default Internet Explorer in Microsoft Edge".


REO News

CFPB report lists top 10 reverse mortgage lenders in 2022

In a newly-published annual report, the CFPB tabulates the top 10 reverse mortgage lenders that reported data under HMDA.

The post CFPB report lists top 10 reverse mortgage lenders in 2022 appeared first on Reverse Mortgage Daily.


A rise in senior exploitation presents challenges for financial advisors

As reverse mortgage pros seek financial advisor partnerships, understanding their challenges could be illuminating.

The post A rise in senior exploitation presents challenges for financial advisors appeared first on Reverse Mortgage Daily.


RMD Podcast #48: Eddie Herda, VP, creative director and brand strategy at loanDepotRMD Podcast #48:

This month, The RMD Podcast welcomes Eddie Herda, newly-appointed VP, creative director and brand strategy at loanDepot. Herda and RMD Editor Chris Clow discuss the realities of reverse mortgage marketing and the work he has done to bring the product and industry more attention from consumers and financial professionals. Listen in about Herda’s work creating […]

The post RMD Podcast #48: Eddie Herda, VP, creative director and brand strategy at loanDepotRMD Podcast #48: appeared first on Reverse Mortgage Daily.


Former Ginnie Mae president encouraged by reverse mortgage securities policy change

Ted Tozer offers thoughts on a recent HMBS policy change, saying he's encouraged by the company's desire to do what it can to assist issuers.

The post Former Ginnie Mae president encouraged by reverse mortgage securities policy change appeared first on Reverse Mortgage Daily.


Mutual of Omaha Mortgage renews subservicing deal with Celink

The new agreement will last for "years to come" according to Celink, renewing a relationship first established in 2020.

The post Mutual of Omaha Mortgage renews subservicing deal with Celink appeared first on Reverse Mortgage Daily.


Commentary: How do you sell reverse mortgages when the government is shut down?

Jarred Talmadge offers thoughts about how the industry can push forward through the threat of a government shutdown.

The post Commentary: How do you sell reverse mortgages when the government is shut down? appeared first on Reverse Mortgage Daily.


Senior women responsible for finances and who take financial advice achieve higher wellness scores: survey

Women who take greater control of their finances achieve higher wellness scores, according to a survey by HomeEquity Bank.

The post Senior women responsible for finances and who take financial advice achieve higher wellness scores: survey appeared first on Reverse Mortgage Daily.


Ginnie Mae changes HMBS pool eligibility requirements to address liquidity challenges

The new policy aims to increase liquidity for Ginnie Mae reverse mortgage securities issuers, and was lauded by NRMLA.

The post Ginnie Mae changes HMBS pool eligibility requirements to address liquidity challenges appeared first on Reverse Mortgage Daily.


NRMLA adds HUD’s head of counseling to its upcoming national conference

David Berenbaum is the third leading federal housing official slated to join the reverse mortgage industry event emanating from Nashville in October.

The post NRMLA adds HUD’s head of counseling to its upcoming national conference appeared first on Reverse Mortgage Daily.


Guaranteed Rate’s new reverse mortgage EVP on a “market creation” opportunity

RMD sat down with Guaranteed Rate's new reverse mortgage division EVP to learn about how he entered the space, and his plans in the new role.

The post Guaranteed Rate’s new reverse mortgage EVP on a “market creation” opportunity appeared first on Reverse Mortgage Daily.