Third-party originators will help make brokers’ jobs easier through Reverse Mortgage Funding’s new processing service
Qualified borrowers must have an FHA Reverse Mortgage on an Illinois property and must have “experienced a qualifying hardship”
The Fed’s decision to raise interest rates will be felt in the reverse space – but how severe will the shock be?
The reverse mortgage firm was also fined by the CFPB last year
The 35-year industry veteran brings a wealth of expertise in the reverse space
Rising interest rates could make younger retirees reconsider taking out reverse mortgage credit lines