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Portfolio+ Launches Reverse Mortgage Product

Portfolio+ Launches Reverse Mortgage Product

by Phil Hall | Apr 18, 2024 | Current News & Events, International Real Estate News, Mortgage Information, Real Estate News, WRE News Exclusive

Portfolio+ Inc., a Toronto-based provider of financial services systems and technologies for the Canadian market, has added a reverse mortgage product to its offerings. According to the company, the new reverse mortgage solution will enable financial institutions to...
New Study Ranks the Best Reverse Mortgage Companies

New Study Ranks the Best Reverse Mortgage Companies

by Phil Hall | Dec 29, 2023 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Money magazine is welcoming the new year with its review “Best Reverse Mortgage Companies of January 2024,” with five companies cited for different strengths that set them apart. Longbridge Financial was praised as “Best for Low Interest Rates,” with Money...
AARP Foundation Joins Class Action Lawsuit Against Reverse Mortgage Companies

AARP Foundation Joins Class Action Lawsuit Against Reverse Mortgage Companies

by Phil Hall | Dec 8, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
‘Family Guy’ Takes Aim at Reverse Mortgages

‘Family Guy’ Takes Aim at Reverse Mortgages

by Phil Hall | Oct 24, 2023 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

The long-running animated television series “Family Guy” had fun with reverse mortgages in general and the American Advisors Group advertisements featuring Tom Selleck in particular on its latest episode that aired Sunday night on Fox. In the episode, the perennially...
Reverse Mortgage Fraudster Arrested Again Over New Scams

Reverse Mortgage Fraudster Arrested Again Over New Scams

by Phil Hall | Oct 6, 2023 | Current News & Events, Real Estate News, WRE News Exclusive

A Chicago man arrested in 2017 for running a reverse mortgage scam was arrested after authorities discovered he was still scamming seniors. WGNTV.com reported Mark Diamond was arrested six years ago for orchestrating a reverse mortgage scam that allegedly stole $10...
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