The reverse mortgage industry is evolving its AI strategy from internal efficiency tools to customer-facing applications. Companies are carefully implementing these technologies with wholesale ...
Reverse mortgages can unlock big financial flexibility, but some options may work better than others right now.
BELLEVUE, WA, UNITED STATES, May 22, 2025 /EINPresswire.com/ -- Traditional Mortgage Acceptance Corporation (TMAC), one of the nation’s top five wholesale reverse ...
PHH Mortgage, a subsidiary of Onity Group Inc., has introduced a new proprietary reverse mortgage product called EquityIQ®, available through its wholesale network under the Liberty Reverse Mortgage ...
Against this backdrop, reverse mortgages are having a moment. Applications have been climbing as more senior homeowners ...
The publicly traded companies in the reverse mortgage space were largely profitable in the second quarter of 2025, despite a challenging macroeconomic backdrop. As a group, they posted $1.2 billion in ...
As retirement approaches, many homeowners find themselves asset-rich but cash-poor, with significant equity tied up in their homes while facing reduced income streams. And, that's especially true in ...
While most reverse mortgage borrowers don't make regular payments, you're not actually required to wait until a triggering ...
CNBC Select names the best lenders for non-QM loans, including New American Funding and CrossCountry Mortgage.
Wholesale mortgage lenders offer home loans through brokers and other business partners; they don't work directly with borrowers. You might find a wider range of loan options on the wholesale side. If ...
When you inherit a home with a reverse mortgage, you're given six months to pay off the balance, or up to a year if you can get the deadline extended. It's best to work with the loan servicer to avoid ...
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