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Open Mortgage exits reverse mortgage lending

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EPISODE #802

Top-Ten lender closes reverse mortgage division

[Reverse Mortgage Daily]

Top-ten HECM lender Open Mortgage announced the closure of their reverse mortgage division citing profitability challenges from…

 

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  • [RMD] HECM mortgage-backed securities pose a significant risk to HUD

reverse mortgage podcast   reverse mortgage podcast 

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4 Comments

  1. Liked the information, nit the rates 🙁

  2. Thank you, Jon for a great ‘Market Minute” segment!

  3. test comment – cands


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