The bank has sold off all the securities it acquired as collateral on loans to Live Well Financial, a reverse lender that suddenly ceased operations in May
Reverse mortgages are all the rage the Great White North; could they become the loan product of choice for originators and homeowners in the United States, too?
Update includes coverage of HELOC and HECM asset types
The Fed’s decision to raise interest rates will be felt in the reverse space – but how severe will the shock be?
Rising interest rates could make younger retirees reconsider taking out reverse mortgage credit lines
The governor of Maine has proposed legislation that could bring elderly residents foreclosure relief through reverse mortgages
The three new hires will work on strengthening Liberty’s retail business division
HUD has released its final rule – scheduled to take effect later this year – on changes to its HECM program
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Could reverse mortgages be the product of the future?
by Kimberly Greene