Blog Detail
Reverse Mortgage Daily
http://reversemortgagedaily.com
- Author: John Yedinak
- Listed in: Real Estate Loans
- Tags: mortgage finance seniors hecm reverse mortgage mortgage finance
- Added on: Jun 13th, 2007
- Country: United States
- Language: English
The #1 Source for Reverse Mortgage News
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Bank of America Discontinues Reverse Mortgage Advisor Program
Bank of America (BOA), a leading Reverse Mortgage wholesale Lender, discontinued it’s Broker Advisory program last week, August 15, 2008. The program suspension is directly related to passage of the Housing and Economic Recovery Act, the landmark l...
Reverse Mortgage Rates Update
Good news: This week, all Treasury-based HECM’s with a margin of +165 or less will pay the HECM maximum benefits. Ditto for LIBOR-based HECM’s with margins of +92 or less. Using these margins, the initial note rate on a LIBOR HECM will be 44 bp l...
HUD Reports Calls 2008 Turning Point For Reverse Mortgages
The U.S. Department of Housing and Urban Development (HUD) recently published a report which provides an overview of the design and history of the Home Equity Conversion Mortgage (HECM) program. The report argues that 2008 will be viewed as a t...
Monte Rose MyTrac Productivity Webinar
Reverse Mortgage Daily and Monte Rose are pleased to present: MyTrac THE Productivity Planner™ The only business planner that integrates Brand, Strategy, Execution, and Accountability. Join us Tuesday, September 2, at 10am (EST) and Monte will ...
Bay Docs Announces Integration With Reverse Mortgage Solutions Loan Origination System
Last week California based Bay Docs announced the launch of a seamless integration of its document production system with Reverse Mortgage Solutions RM Compass loan origination system. Now originators using RM Compass will be able to print out appl...
