A federal appeals court has sided with Ginnie Mae in a dispute over reverse-mortgage collateral, delivering a consequential ruling for banks and other lenders financing issuers of government-backed mortgage securities.In a decision issued October 9, the U.S. Court of...
The AARP Foundation announced it has joined a proposed class action lawsuit against Compu-Link (Celink), the nation’s largest reverse mortgage subservicer, and Reverse Mortgage Funding (RMF), formerly the largest reverse mortgage servicer nationwide. The case was...
The State of Hawaii has alleged that Reverse Mortgage Funding (RMF) is delinquent for years of unpaid taxes. According to a report in Reverse Mortgage Daily (RMD), the State of Hawaii’s Department of Taxation has appointed a delinquent tax collection assistant to...
HUD Launches Nationwide Dashboard Tracking Public Housing Authority Perform…
