• A reverse mortgage is a mortgage loan, usually secured by a residential property, that enables the borrower to access the unencumbered value of the property...
    40 KB (5,104 words) - 22:50, 25 April 2024
  • Rocket Mortgage relies on wholesale funding to make its loans and uses online applications rather than a branch system. Amrock and One Reverse Mortgage are...
    23 KB (1,867 words) - 19:09, 11 May 2024
  • Thumbnail for Mortgage
    A mortgage loan or simply mortgage (/ˈmɔːrɡɪdʒ/), in civil law jurisdictions known also as a hypothec loan, is a loan used either by purchasers of real...
    54 KB (7,201 words) - 13:27, 11 May 2024
  • Canadian bank to offer reverse mortgages to Canadian homeowners aged 55 and over. HomeEquity Bank originated $767 million reverse mortgages in 2018, up 26% from...
    7 KB (650 words) - 10:34, 5 January 2024
  • Thumbnail for Reza Jahangiri
    past co-chair of the National Reverse Mortgage Lenders Association (NRMLA). He was also senior publisher for The Reverse Review until it was sold to HousingWire...
    10 KB (997 words) - 12:12, 30 August 2023
  • Thumbnail for American Advisors Group
    American Advisors Group (category Mortgage lenders of the United States)
    Advisors Group (AAG) is an American reverse mortgage lender. It provides government-insured Home Equity Conversion Mortgage (HECM) loans and has 81 geographical...
    8 KB (657 words) - 21:28, 26 February 2024
  • relationship to the government. It was heavily involved in Alt-A mortgages and reverse mortgages which in part resulted in its dramatic rise and has been suggested...
    33 KB (3,867 words) - 13:05, 28 March 2024
  • Thumbnail for Tom Selleck
    television ad campaign focusing on homeownership. On August 1, 2016, reverse-mortgage lender American Advisors Group (AAG) said its new television commercials...
    47 KB (4,516 words) - 04:46, 11 May 2024
  • The National Reverse Mortgage Lenders Association (NRMLA) is a U.S. trade organization for financial institutions involved in the origination and securitization...
    2 KB (168 words) - 09:04, 2 December 2023
  • Thumbnail for Jack M. Guttentag
    the reverse mortgage market in the U.S., specifically the HUD sponsored HECM Reverse Mortgage program. In addition to offering a reverse mortgage shopping...
    10 KB (899 words) - 01:49, 14 February 2024
  • Thumbnail for Yung-Ping Chen
    Chinese origin. He pioneered the concept of home equity conversion (reverse mortgages) in the United States and developed innovative approaches to the funding...
    30 KB (4,009 words) - 09:28, 13 July 2023
  • gap funder". In 2022, Helia purchased 22% of Household Capital, a reverse mortgage provider. Genworth takes leap into home equity The Australian (subscription...
    3 KB (152 words) - 11:24, 20 December 2022
  • Thumbnail for Robert Wagner
    Network, a reverse mortgage lender and in 2010 he began serving as a spokesman for the Guardian First Funding Group, also a reverse mortgage lender. In...
    59 KB (5,265 words) - 07:01, 7 May 2024
  • Thumbnail for EverBank
    subprime mortgage financial crisis. Instead, EverBank acquired $700 million of NetBank's assets. In May 2008, MetLife acquired the bank's reverse mortgage division...
    15 KB (1,069 words) - 16:19, 5 March 2024
  • Thumbnail for Fred Thompson
    Thompson became an advertising spokesman for American Advisors Group, a reverse mortgage lender. Thompson's memoir, Teaching the Pig to Dance: A Memoir of Growing...
    89 KB (7,700 words) - 19:28, 2 May 2024
  • Thumbnail for Genworth Financial
    Life Financial. In July 2007, the company acquired Liberty Reverse Mortgage, a reverse mortgage company, for $50 million. It sold the company to Ocwen for...
    22 KB (1,657 words) - 08:23, 8 May 2024
  • Thumbnail for Wayne Rogers
    Rogers signed as the new spokesman for Senior Home Loans, a direct reverse mortgage lender headquartered in Long Island, New York. Rogers received a star...
    17 KB (1,502 words) - 19:22, 30 April 2024
  • income Restrictive covenant Revaluation of fixed assets Reverse mortgage, Reverse annuity mortgage Reversion Reversionary interest Revocation RICS Right...
    30 KB (2,405 words) - 14:49, 28 August 2023
  • Thumbnail for Steven Mnuchin
    federally insured reverse mortgages from April 2009 to April 2016. This represented about 39% of all federally insured reverse mortgage foreclosures during...
    106 KB (9,218 words) - 05:25, 8 May 2024
  • Tom Selleck (Josh Robert Thompson), convincing him to sign up for a reverse mortgage and get more spending money, but while it does get him the toy, it...
    36 KB (614 words) - 13:57, 11 May 2024
  • funds. In November 2018, Waterfall issued $571.8 Million in jumbo reverse mortgage bonds, the first offering of its kind since the 2007–2008 financial...
    8 KB (764 words) - 03:04, 13 April 2024
  • died after a long illness, leaving their ranch in debt because of a reverse mortgage provided by the Texas Midlands Bank, which would lead to foreclosure...
    26 KB (2,347 words) - 22:20, 5 April 2024
  • Thumbnail for OneWest Bank
    OneWest Bank (category Mortgage lenders of the United States)
    originating reverse mortgages, which was before CIT acquired the bank. But, OneWest continued servicing its portfolio of reverse mortgages, and similar...
    14 KB (1,507 words) - 03:24, 5 May 2024
  • Thumbnail for Truth in Lending Act
    for mortgage transactions. § 1026.32 frames the requirements for certain closed-end home mortgages. § 1026.33 are requirements for reverse mortgage mortgages...
    13 KB (1,380 words) - 17:54, 29 June 2023
  • Thumbnail for Peter Graves
    access. In the summer of 2009, Graves signed on as a spokesman for reverse mortgage lender American Advisors Group. Graves' final project was narrating...
    27 KB (1,717 words) - 16:56, 20 April 2024
  • around A$100m per month of residential, commercial and reverse mortgage business. The market for mortgage-backed securities (RMBS) changed radically in July...
    24 KB (2,544 words) - 21:02, 10 March 2024
  • Thumbnail for Joseph Otting
    reached an $89 million settlement with CIT involving a portfolio of reverse mortgage products acquired from the failed IndyMac Federal Bank and compliance...
    28 KB (2,938 words) - 05:29, 16 April 2024
  • Negative amortization (category Mortgage)
    which case the loan is known as a reverse mortgage. In the United States of America, the terms of reverse mortgages are heavily regulated by federal law...
    15 KB (2,420 words) - 17:06, 28 July 2023
  • Thumbnail for CIT Group
    financing, including factoring, cash management, treasury management, mortgage loans, Small Business Administration loans, leasing, and advisory services...
    21 KB (1,847 words) - 23:57, 5 November 2023
  • Bank of New Zealand in 2012. It specialises in motor vehicle loans, reverse mortgages, small business finance, livestock finance, savings, investments and...
    10 KB (888 words) - 06:01, 25 April 2024