Reverse Mortgage Funding expands payment options on proprietary reverse product

At Reverse Mortgage Funding LLC (RMF), we are dedicated to helping older Americans live the retirement lifestyle that they imagined and deserve, in the comfort of their own home. Reverse mortgages are our only line of business, and meeting the needs of this important segment of our society is at the core of everything we do.

Support With Reverse Mortgage Funding (RMF), you have access to: User-friendly technology that streamlines the loan origination process – Our efficient,web-based loan origination system (LOS), Tango Reverse, helps you meet the financial needs of your customers more quickly, so you can close more loans.

Reverse Mortgage Funding announced Monday that it is rolling out updates to its Equity Elite proprietary reverse mortgage, now to include both lump sum and term disbursement options for borrowers under a fixed rate. The product expansion, which allows borrowers to choose any number of term payments from 24 to 120 months, follows a series [.]

Proprietary reverse mortgages:. Regardless of what your plans are, there is a reverse mortgage payment option that will help you achieve your goals. The best thing to do is to consult with a reverse mortgage specialist who can help you define those goals, and select the payment option that.

Tech snafu, improper foreclosure affidavit lead to sanctions for LPS Tech snafu, improper foreclosure affidavit lead to sanctions for LPS Housing Wire’s spin on our story today. Regular NC readers may not be very surprised to hear that we expect more "Tech snafus" to surface.

Snapshot of reverse mortgage complaints December 2011 – December 2014. 2 The line of credit and monthly payment options may be combined. Id. 3.. proprietary reverse mortgages vary by state. CFPB, 2012 CFPB Report To Congress on Reverse

2018 HW Insiders: Adam Krause housingwire news podcast: If your lending tech isn’t what Millennials want, can you survive long-term? Real estate agents make mini-movies to sell houses Most real estate agents sell homes in areas where they’re most comfortable. If you’re comfortable selling $200,000 homes, then those are the customers that you will find easiest to attract.The HousingWire News Podcast is a weekly wrap of the top news stories by Editor-in-Chief Jacob Gaffney. This week, Gaffney talks with John Pataky, TIAA Bank’sAdam Constantine, digital content strategist at Movement Mortgage. Sarah Wheeler is the Managing Editor for HW Content Solutions. She joined HousingWire in November 2013 as Content Editor and was.

More Choices for Older Homeowners Seeking Home Equity Options NEW YORK (May 22, 2018) – Three top reverse mortgage companies announced the imminent availability of new propriety loan. more New Proprietary Reverse Mortgage Products Coming to Market

Jumbo reverse mortgages – also known as proprietary reverse mortgages – are loans designed and offered by financial institutions that enable owners of high-value homes to access greater amounts of their home equity than is available from the government insured hecm reverse mortgages.

Moody’s finds commercial real estate eluding recovery

Proprietary Reverse Mortgage. Proprietary reverse mortgages are privately insured by the mortgage companies that offer them. They are not subject to all the same regulations as HECMs, but as a standard best practice, most companies that offer proprietary reverse mortgages emulate the same consumer protections that are found in the HECM program.