Increase in seniors' mortgage debt offset by gain in home value
SitusAMC recently acquired Baseline in October last year
HomeSafe Select will be initially available to borrowers in California
The company partnered with STRATMOR Group on the initiative
Reverse mortgages are melding into the mainstream
Where a second appraisal is required, lenders must use the lower value of the two appraisals
The HECM tech provider has partnered with DataVerify
The advisory firm says reverse mortgages can offer forward lenders new origination opportunities