Dodd Frank, Downsizing & Padding Loans
Here are some reverse-mortgage related stories you may have missed...
mortgage professor
Misspent Money, Scams, Personal Stories & More
The roundup of weekly HECM news What do strippers, casinos, and groceries have in common? It’s bad enough to be forced to foot the bill of your own company’s audit and financial monitoring. Reverse mortgage servicer Ocwen Financial paid over $44 million dollars to cover the costs of monitoring
Mortgage Professor’s Top Ten Reasons to Get a Reverse Mortgage
With overall industry volume down it’s no surprise that reverse mortgage professionals are looking for ways to retain or grow their personal loan production. Many are apprehensive of the potential negative impact of the upcoming Financial Assessment.
