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Top News In Open Mortgage Today - Breaking & Trending Today

Open Mortgage has FHA direct endorsement authority terminated in Iowa

HUD ended the direct endorsement approval for Open Mortgage in Iowa based on high default and claim rates. ....

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University Bank adds four reverse mortgage veterans to its HECM division

University Bank added four people to its reverse mortgage division, including a regional manager, loan officers and an account executive. ....

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Reverse mortgage volume and securities issuance trend lower in December

Reverse mortgage endorsement volume and securities issuance ended 2023 already a challenging year for the industry on a low note. ....

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The 3 biggest reverse mortgage news stories of 2023

The reverse mortgage industry had an eventful year in 2023, and these are its top stories according to Reverse Mortgage Daily. ....

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Commentary: Why the reverse mortgage industry needs to stop marketing to 'seniors'

In a new commentary, Zeb Lowe explores why reverse mortgage professionals overuse the "senior" label and explains why it should be retired. ....

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