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AE, MLO, Ops Jobs; Retention, Credit, Underwriting, Subservicing Products; Training and Events

AE, MLO, Ops Jobs; Retention, Credit, Underwriting, Subservicing Products; Training and Events
mortgagenewsdaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagenewsdaily.com Daily Mail and Mail on Sunday newspapers.

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Mr. Cooper Group Selling Champion Mortgage Reverse Servicing Business

Mr. Cooper Group Selling Champion Mortgage Reverse Servicing Business
mortgageorb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgageorb.com Daily Mail and Mail on Sunday newspapers.

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Column: He promised his dying wife he'd keep the house. Then he took out a reverse mortgage

There is nothing grand about the white one-story house in the middle of Roxbury Drive in San Bernardino, particularly in its current state of disrepair.
But to Juan Gutierrez, that house is home. As a young man he worked in construction, saved up for a down payment and, in 1968, bought the three-bedroom house where he and his wife raised their three children.
And then, in 2014, he was evicted as part of a dispute with his reverse mortgage lender that continues to this day. It’s a kind of dispute that could become more common in coming months, as COVID-19 pushes more seniors to the brink of financial disaster, prompting some to resort to reverse mortgages even as others default on them. ....

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