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Open Mortgage exits reverse mortgage lending

by Shannon Hicks
| 4 Comments
| November 27, 2023

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EPISODE #802

Top-Ten lender closes reverse mortgage division

[Reverse Mortgage Daily]

Top-ten HECM lender Open Mortgage announced the closure of their reverse mortgage division citing profitability challenges from…

Other Stories:

[RMI] Reverse Market Insight’s Market Minute
[RMD] HECM mortgage-backed securities pose a significant risk to HUD

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4 Comments

Connie Jacobson
November 27, 2023 at 6:18 am
Liked the information, nit the rates 🙁
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Shannon
November 27, 2023 at 7:21 pm
Thank you, Jon for a great ‘Market Minute” segment!
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candice@usa.com
December 1, 2023 at 1:46 pm
test comment – cands
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Candice APiro
December 8, 2023 at 8:02 am
Candice again …. adding another comment – Podcast.
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