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Page 8 - Chris Clow News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Inside the collapse of a top reverse mortgage lender

What led Reverse Mortgage Funding, the nation's fifth-largest reverse lender, to declare Chapter 11? We interviewed over a dozen people and pored over bankruptcy proceedings and bond documents to learn how the death-spiral occurred.

FHA: Reverse mortgage portfolio reaches positive cap ratio

Today, we talk about the FHA MMI report, which showed the reverse mortgage portfolio is positive for only the second time since 2015.

Seniors have record housing wealth

Today we talk about senior housing wealth, reverse mortgage disaster relief and how reverse mortgages fit into Biden’s housing plan.

How a surge in HELOCs is affecting reverse mortgages

Today, we talk about how a surge in HELOCs is affecting the reverse space, the drop in reverse refi volume, and more.

What does the resurgence in HELOCs mean for reverse mortgages?

Today, we talk about HUD actions to help seniors, the resurgence of HELOCs, and how student loan forgiveness affects senior borrowers.

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