Articles > Business magazines > Finance and Accounting magazines > National Mortgage News articles > February 2009

Article: State Regulators Issue Examination Guidelines For Originators of Reverse Mortgage Loans.(Special Report: Reverse Mortgages)

Article from:
National Mortgage News
Article date:
February 2, 2009
Copyright

Byline: Jennifer Harmon

WASHINGTON-As a result of aggressive marketing campaigns that put homeowners and the financial institutions making reverse loans at risk, the American Association of Residential Mortgage Regulators and the Conference of State Bank Supervisors have released a comprehensive set of examination guidelines for reviewing the business practices and operations of lenders and brokers selling reverse mortgage loans to seniors.

The Reverse Mortgage Examination Guidelines are being used by state mortgage regulators who have expressed concern over the complexity of these loan transactions. State regulators believe that the substantial real ...

Read all of this article with a FREE trial

Related newspaper, magazine, and journal articles:

Article: Harborstone Credit Union Partners with Security Reverse ...
PR Newswire;  March 19, 2009 ;     700+ words ... ... Harbor, WA-based Security Reverse Mortgage. About Reverse Mortgage Reverse mortgages are generally backed by the ... the safest and most popular reverse mortgage available today. HECM Reverse Mortgages are available in all 50 states ...

Article: Braving Uncharted Space: Reverse Mortgages: With ...
Mortgage Technology;  March 1, 2008 ;     700+ words ... ... unbiased reverse mortgage marketplace ... comparison of reverse mortgages offered by ... five leading reverse mortgage funders ... demand for reverse mortgage products ... solution for reverse mortgages in 2008 ...

Article: S & P Names Seattle Savings Bank as First Select Servicer for ...
Business Wire;  October 31, 2005 ;     700+ words ... ... offering and servicing reverse mortgage loans for more than ... and servicer of reverse mortgages in the industry ... Seattle Mortgage and Reverse Mortgage of America. Available since 1989, reverse mortgages enable seniors ...

Article: Unlocking equity with reverse mortgages: ...
Journal of Banking and Financial Services;  February 1, 2002 ;     700+ words ... ... why have reverse mortgages and similar ... Australia? Reverse mortgage products ... associated with reverse mortgages are discussed ... higher with reverse mortgages. It seems ... fact, the reverse mortgage seems particularly ...

Article: Illinois Reverse Mortgage Lender Opens E-Retail ...
National Mortgage News;  February 2, 2009 ;     700+ words ... ... national retail reverse mortgage presence. The call ... this new e-retail reverse mortgage center. According ... information about reverse mortgages. Pew Internet ... of an e-retail reverse mortgage center is geared ...

Article: Cheaper reverse mortgage alternatives: evaluate the ...
Money Digest;  October 1, 2002 ;     700+ words ... ... more flexible than a reverse mortgage. One of the benefits of a reverse mortgage is that the money you ... people will consider a reverse mortgage to supplement their ... disadvantages of using reverse mortgages for this goal is that ...

Article: House Backs HUD on Reverse Mortgage Fees.(Dept. of ...
American Banker;  November 17, 1997 ;     583 words ... ... Development to ban excessive fees on reverse mortgages. The measure "will protect older ... 10,000 for information on reverse mortgages that HUD offers for free, Mr. Cuomo said. Reverse mortgages are available through a federally ...

Article: Cashing Out Of Your Home: Reverse mortgages are ...
Bank Investment Consultant;  June 1, 2007 ;     700+ words ...The reverse mortgage is an esoteric ... conspiring to push reverse mortgages into the ... penetration rate of reverse mortgages is still ... lenders. The reverse mortgage industry ... specializes in reverse mortgages. "Eventually reverse mortgage will ...

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!

Find articles, research, and archives