October 2, 2020By Maria VolkovaDOJ Files Suit Against HECM Lender for Faulty UnderwritingNutter Home Loans is accused of trying to bolster reverse mortgage originations by using unqualified underwriters.
July 10, 2020By Maria VolkovaHUD Extends Flexibilities for Employment Re-verification Lenders don’t have to provide re-verification of borrower employment to HUD within 10 days of the mortgage note.
June 26, 2020By Namrata BhatiaHECM Production Spikes in 1Q But Sees a Sharp Drop in AprilReverse mortgage lenders pumped out $3.87 billion in the first three months of 2020. But originations took a big step back in April due to COVID-19. (Includes two data charts.)