reverse mortgage loans
- Reverse Mortgage Lenders are Gearing up For Growth, Now Hiring
Reverse Mortgage Daily
Reverse mortgage lenders are hiring now more than ever following big bank exits from the business. The list of lenders on the search has grown to include companies large and small, from phone originators to boots-on-the ground. - Assets Grow 55 Percent at Silvergate Bank
San Diego Business Journal
The bank nearly doubled its loan portfolio to $432 million as of March 31, with $74 million of that being loans held for sale. The bank, which launched a reverse mortgage lending line last year, did $419 million in residential mortgages in the quarter.and more » - CFPB To Mortgage Originators: We Hear Your Compensation Concerns
Reverse Mortgage Daily
The CFPB recently outlined the potential rules regarding loan originator compensation, including a point that could be “problematic” for reverse mortgage originators, as noted in a memo by National Reverse Mortgage Lenders Association legal counsel.and more » - Silvergate Grows Reverse Mortgage Business for Near-Record Earnings
Reverse Mortgage Daily
“The largest factor in the Bank's asset growth was significantly increased balances in held-for-sale reverse mortgage loans, with more modest increases in almost all other categories of loans held for investment,” the company stated in a press release.and more » - Reverse mortgage smart option for post-retirement cash flow
mydigitalfc.com
In terms of financial language, reverse mortgage can be defined as, “an agreement by which a homeowner borrows against the equity in his home and receives regular tax-free payments from the lender.” Here equity is the value of the property over and ... - CNBC: Trade in Bills for Monthy Checks—Reverse Mortgages Rediscovered
Reverse Mortgage Daily
Talking to several financial planners who have changed their tune on reverse mortgages, CNBC finds that while the loans are not without their cautions, they may be gaining interest from a new population of borrowers. “It helps, of course, ... - Silvergate Bank posts higher profit
U-T San Diego
The increase was mostly because of purchases of reverse mortgage loans that the bank is holding for sale. It also saw increases in other categories of loans that it intends to keep for investment. The bank has a warehouse lending division that provides ...and more » - Residential Issuance Drives Up Ginnie Activity
Mortgage Daily
By MortgageDaily.com staff Thanks to strong residential activity, securitizations at the Government National Mortgage Association soared last month. Even multifamily issuance was stronger. But reverse mortgage volume was lower. - Mortgage Lender Residential Finance Corp. Explains Benefits of HARP 2.0
MarketWatch (press release)
(RFC), a nationwide mortgage lender, which rolled out the new the Home Affordable Refinance Program (HARP) 2.0 program last month, and within three weeks she closed on a new lower, fixed interest rate loan. The recently released new guidelines for the ...and more » - Silvergate Bank Announces First Quarter 2012 Earnings Of Over $1 Million
Sacramento Bee
Silvergate Bank's financial results for the three-month period ending March 31, 2012, also included funding $419 million in residential mortgage loans through its warehouse lending division; acquiring $53.5 million in reverse mortgage loans guaranteed ...and more »
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