Tag: Reverse

How To Reverse Engineer And Rank High

Unleash The Power Of Your Content Strategy By Reverse Engineering Competitor Keywords Implementing the most common SEO strategies is often not enough in intensely competitive industries. To tackle this issue, companies need to innovate with their SEO techniques to maximize the potential of their content strategy. One of these innovative strategies is to analyze competitors [...]read moreHow To Reverse Engineer And Rank High

Two major reverse mortgage lenders to sponsor financial planner conference

The Alliance of Comprehensive Planners (ACP), a trade association for financial planners, will be holding its annual conference this October in Savannah, Georgia, and the event will feature two of the nation’s leading reverse mortgage lenders as key sponsors. Plano, Texas-based Finance of America (FOA), currently the industry leader in the reverse mortgage space, and [...]read moreTwo major reverse mortgage lenders to sponsor financial planner conference

South River president on reverse mortgage business, data science and priorities

Chris Clow/RMD: How has reverse business this year been going, and how do you foresee business progressing by the time we get to December? Tyler Plack: We just finished out May, and I thought the May results were very good. I’m excited about where we’re headed. Some of our corporate goals have been to increase [...]read moreSouth River president on reverse mortgage business, data science and priorities

New Zealand mayor slammed for recommending reverse mortgages

A mayor in a region of New Zealand, who recently suggested using reverse mortgages to fund various cost-of-living increases faced by the nation’s retirees, is pushing back against the backlash his comments created. Tim Cadogan, who serves as mayor of the Central Otago district in south central New Zealand, recently fielded a question from a [...]read moreNew Zealand mayor slammed for recommending reverse mortgages

Reverse mortgage consumer complaints decline on a yearly basis: CFPB

There were a total of 131 consumer complaints submitted to the Consumer Financial Protection Bureau (CFPB) between Jan. 1 and June 10 of this year that were related to the reverse mortgage industry, according to a database maintained by the bureau. This was 52 fewer complaints compared to the same period in 2023. Of these [...]read moreReverse mortgage consumer complaints decline on a yearly basis: CFPB

Liberty Reverse parent completes rebrand to Onity Group

The parent company of top 10 reverse mortgage lender Liberty Reverse Mortgage has completed its shareholder-approved rebranding initiative, transforming the former Ocwen Financial Corp. into The Onity Group. The initiative has also transitioned the company’s New York Stock Exchange (NYSE) ticker symbol to “ONIT” as of the market opening on Monday. “Today marks the start [...]read moreLiberty Reverse parent completes rebrand to Onity Group

The month in reverse mortgage rates: June 2024

Almost all Home Equity Conversion Mortgages (HECMs) originated today utilize the adjustable-rate mortgage (ARM) option. In stark contrast to traditional mortgage lending, the reverse mortgage business is dominated by ARMs, representing over 99% of Federal Housing Administration (FHA)-insured reverse mortgages originated today. This is due, in part, because borrowers want to control how much they [...]read moreThe month in reverse mortgage rates: June 2024

NAF’s Shannon Robinson updates the status of reverse mortgage business in 2024

Multichannel lender New American Funding (NAF) is going big on reverse mortgages. As already evidenced by its ambitious new marketing campaign, “Old Wives,” the company is also aiming to streamline its existing presence in the reverse mortgage market. And it seeks to expand the number of available loan officers and strategic development tools to continue [...]read moreNAF’s Shannon Robinson updates the status of reverse mortgage business in 2024

FDIC settles with Arkansas bank over alleged violations, including for reverse mortgages

The Federal Deposit Insurance Corp. (FDIC) this month announced a settlement with Arkansas-based Bank of England over alleged violations of the Federal Trade Commission Act, the Real Estate Settlement Procedures Act (RESPA), the Fair Credit Reporting Act (FCRA) and the Home Mortgage Disclosure Act (HMDA). The bank has been issued an order to pay a [...]read moreFDIC settles with Arkansas bank over alleged violations, including for reverse mortgages

Liberty Reverse parent receives shareholder approval for rebranding

Ocwen Financial Corp, the parent company of PHH Mortgage Corp. and its reverse mortgage subsidiary Liberty Reverse Mortgage, announced on Tuesday that its shareholders have approved the company’s planned rebranding initiative to Onity Group. The initial phase of the rebranding will first go into effect for the parent company on June 10 and will roll [...]read moreLiberty Reverse parent receives shareholder approval for rebranding