Tag Archives: Reverse Mortgage

“Despite the resurgence in tappable equity among U.S. mortgage holders, elevated interest rates are making homeowners reluctant to extract that wealth,” said Andy Walden ICE’s VP of Enterprise Research.

Through the purchase of Cherry Creek Mortgage, Guild Mortgage will integrate reverse mortgages into its traditional mortgage platform, using Guild’s nationwide retail team across nearly 300 branches.

Senior homeowners, defined as those aged over 62-years-old, saw their housing wealth grow by an average of 4.91%, roughly equating $520 billion, during the first quarter of 2022 ...

Investor of vertical market software companies closes deal on provider of private reverse mortgage sales origination software.

Veteran of 20-plus years joins ReverseVision to assist with the surge in demand for reverse mortgage technologies.

In his new role, industry vet will educate lenders on reverse mortgage products, loans, and introduce new strategies, aiding in the companywide goal of expanding HELOC services.

In the third quarter of 2021, senior citizens collectively gained $396.1 billion in equity, a 3.7% rise.

Financial veteran with more than 20 years of experience in federal and state consumer financial services added to AAG leadership team.

Bruce Barnes and Jim Cory are added to Cherry Creek’s team, expanding and bolstering the company’s footprint in the reverse mortgage space.

Over half of America's seniors have now paid off their home, are living without a mortgage, and view their home as the best financial decision they ever made.