Reverse

Homeownership dreams clash with retirement goals for Millennial investors

A new study from the Nationwide Retirement Institute found that 58% of Millennial investors feel they have to choose between homeownership and retirement security as housing prices continue to rise faster than wages.  “Millennials are navigating their prime earnings years in a financial landscape marked by volatile markets, high interest rates and shifting economic norms,” […]

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Senior homeowner wealth hits new record high of $14.4 trillion

U.S. homeowners 62 and older saw their housing wealth grow by 4% in the second quarter of 2025 to a total of $14.39 trillion. That’s according to the latest quarterly report released Friday by the National Reverse Mortgage Lenders Association (NRMLA) in conjunction with data analytics firm RiskSpan. The previous record for senior-held home equity was $14.18 trillion

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Longbridge talks new tech tools at NRMLA meeting

Executives from Longbridge Financial gathered last week at the National Reverse Mortgage Lenders Association (NRMLA)’s Annual Meeting to discuss the company’s suite of technology tools and lending products aimed at helping wholesale reverse mortgage partners grow their businesses and better serve older homeowners. Wholesale and correspondent manager Bill Nolan opened the company’s session at the event by

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Reverse execs eye more private products, urge HUD to modernize HECM program

Reverse mortgage industry executives see a growing role for proprietary products despite persistent challenges in the secondary market. But they also agree on one thing — the Home Equity Conversion Mortgage (HECM) and its related mortgage-backed securities (HMBS)  programs remain critical pillars of the business. Their comments came during the National Reverse Mortgage Lenders Association

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Longbridge employs One Diligence’s AI platform

One Diligence, a provider of reviews and outsourcing solutions to the residential mortgage industry, announced on Thursday that reverse mortgage lender Longbridge Financial has implemented its artificial intelligence–driven platform to enhance accuracy and efficiency in loan servicing operations. Longbridge found an opportunity to improve how it verifies loan data between its origination system and loan

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Reverse mortgage industry urged to elevate standards, shift perceptions at NRMLA meeting

At the annual National Reverse Mortgage Lenders Association (NRMLA) meeting, financial advisor and trainer Ryan Ponsford urged reverse mortgage professionals to strengthen their credibility and collaboration with financial advisors, saying the industry’s future depends on shifting perceptions and elevating professional standards. Ponsford, drawing on nearly three decades in the financial services sector, opened with anecdotes about industry

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Proprietary reverse loans give younger homeowners more options

In an effort to nudge older homeowners to tap into their home equity, the reverse mortgage space is expanding beyond federally backed offerings as lenders develop proprietary products with fewer restrictions. The push reflects a confluence of factors: rising home values, inflation, relatively high mortgage rates and a swelling population of Americans nearing or entering

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Government shutdown halts new reverse mortgage endorsements

The Federal Housing Administration (FHA) said Wednesday it will continue processing claims during the government shutdown but cannot endorse new Home Equity Conversion Mortgages (HECMs) until funding is restored. That information was confirmed by the National Reverse Mortgage Lenders Association (NRMLA). Because most reverse mortgages fall under the FHA’s HECM program, FHA loan endorsements stop

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Atlas VMS, QuantumReverse enter tech integration partnership

Appraisal technology management firm Atlas VMS announced on Tuesday that it has entered a partnership with QuantumReverse, an LOS provider for reverse mortgages, to integrate the AIM-Port order management platform. The partnership will grant reverse mortgage lenders who use QuantumReverse direct access to their approved appraisal management companies through the AIM-Port platform, including Atlas’s own

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Seniors see aging in place as greatest health risk in 2025: survey

U.S. seniors cited aging in place as the biggest threat to their overall health and well-being for the second straight year in 2025, regardless of where they live, their income or their education, according to a new Alignment Health survey. In total, 64% of seniors identified aging in place as their primary social risk, down

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