Browsing Tag:Product

uwm-provides-new-prime-jumbo-product-to-fee-sheets-nmp
United Wholesale Mortgage (UWM), the national wholesale and retail lender, has added its new product, Prime Jumbo, to its rating sheets, stating that it provides independent mortgage brokers a competitive advantage over banks and retail lenders.Prime Jumbo offers competitive pricing and simplified policies. It also gives brokers the ability to work desktop underwriters on mortgages for approved eligibility...
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new-reverse-mortgage-firm-goals-to-modernize-product-north-of-the-border
The reverse mortgage industry in the United States and around the world is always trying to find new ways to connect with borrowers as the global penetration of this form of home equity release is generally far less than that of traditional mortgage options. In the United States, there are certain regulatory realities that only allow American reverse...
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reverse-mortgage-funding-lowers-age-requirement-to-55-for-its-proprietary-reverse-mortgage-product-fairness-eliter
Generation X members can now qualify for reverse mortgages at this lower age limitBLOOMFIELD, NJ / ACCESSWIRE / September 1, 2021 /Reverse Mortgage Funding, LLC (RMF), one of the nation's leading reverse mortgage lenders, today announced a significant improvement in its own reverse mortgage product, Equity Elite®. The increase lowers the minimum age for homeowners applying for this...
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reverse-mortgage-professional-reality-checks-product-claims-by-dave-ramsey
The reverse mortgage industry may be too familiar with the need to review certain claims made by financial commentators about the product category, some of which are well known to the general public while others are simply ubiquitous enough to warrant the need for competing educational materials. However, one expert in the reverse mortgage industry looked specifically at...
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cpf-life-and-dbs-create-singapores-first-reverse-mortgage-product
Employee reporter ,Singapore Aging Singaporeans now have more opportunities to monetize their home in preparation for their retirement.The Central Provident Fund Board (CPFB) launched Singapore's first reverse mortgage product with the Home Equity Income Loan (EIL) from DBS.The government has put in place monetization options that would provide aging homeowners with opportunities to free their homes and receive...
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motion-mortgage-hires-svp-of-non-agency-lending-as-a-part-of-jumbo-product-enlargement
“We are so happy to have Anna join Movement Mortgage. She's an absolute game changer for us, ”said Jason Stenger, National Director of Operations at Movement Mortgage. “She has an incredible reputation, known in our industry as a leader in the jumbo and non-agency space, executing and delivering at the highest level. Investors, loan officers, real...
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new-senior-fha-staffer-describes-significance-of-reverse-mortgage-product
Federal Housing Administration (FHA) Assistant Assistant Secretary (DAS) for Single Family Homes Julienne Y. Joseph made her public debut since her appointment was announced by the U.S. Department of Housing and Urban Development (HUD) last week, based on the program attaches great importance to their firsthand experience and desire to work continuously with the reverse mortgage industry.This is Joseph...
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far-proclaims-equityavail-a-hybrid-ahead-reverse-mortgage-product
Top reverse mortgage lender Finance of America Reverse (FAR) today announced the launch of a new proprietary offering called EquityAvail, which it describes as a product that combines elements of a forward, traditional mortgage, and reverse mortgage. EquityAvail is expected to be launched in April as the latest addition to FAR's proprietary suite of products and will be...
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business-chief-ad-mortgage-releases-revolutionary-prime-jumbo-mortgage-product
BloombergWith $ 1 trillion in hardship, debtors find junk(Bloomberg) - For investment firms profiting from buying the debt of troubled companies, this seemed like a once-in-a-lifetime opportunity: a pile of $ 1 trillion in bad bonds and loans in America alone as the pandemic hit the markets broke down in March last year. But after a massive federal...
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