Qualified borrowers must have an FHA Reverse Mortgage on an Illinois property and must have “experienced a qualifying hardship”
The partnership will expand United's presence in the HECM for Purchase space
Elite Women in Mortgage 2014: Heidi Frigano, EVP of marketing and business development, United Northern Mortgage Bankers
Ocwen is currently being investigated by New York State over alleged servicing abuses, and now it’s the subject of a class action lawsuit
Sean Clark, Age:35, Vice president, Advisors Mortgage Group
The Department of Housing and Urban Development has claimed changes to reverse mortgages will protect borrowers from eating up their equity
Consumer protections and counseling are critical to protecting older Americans entering into HECM loans, it has been claimed
Seniors looking for a big cash payout from a reverse mortgage will have to look elsewhere for needed funds.