The company’s move aligns with the growing interest in HECM origination among its loan officers
Industry vet Adrian Prieto assumes the role as the company plans to expand its reverse footprint
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.
(NAR) -- Major news outlets have been talking about the Obama Administration possibly requesting $943 million from the U.S. Treasury this year to shore up the finances of the Federal Housing Administration. But whether the 80-year-old agency will actually need the cash infusion is far from clear.