While the reverse mortgage industry managed to buck a broader business trend during the pandemic by increasing both Home Equity Conversion Mortgage (HECM) and proprietary reverse mortgage loan production since March 2020, broader economic challenges in America and around the world are starting to affect the economic posture of businesses everywhere.

Based on employee feedback from a survey by employee engagement technology partner Energage LLC, participants rated 15 culture drivers that are critical to the success of any organization, including alignment, execution and connection. 

Bloomfield, NJ – September 1, 2021 – Reverse Mortgage Funding, LLC (RMF), one of the nation’s top reverse mortgage lenders, today announced a significant enhancement of its propriety reverse mortgage product, Equity Elite®. The enhancement lowers the minimum qualifying age for homeowners applying for this reverse mortgage product from 60 to 55 years of age, in certain states.

Reverse Mortgage Funding, LLC (RMF) is taking a new approach to the borrower qualification process for those seeking a reverse mortgage. The process was created to drive efficiency during the approval process and increase reverse mortgage market growth. Read the full story on National Mortgage Professional. 

Reverse Mortgage Funding, LLC (RMF) is aiming to grow the reverse mortgage marketplace by taking a new, simplified approach to the borrower qualification process. This is according to a presentation made by the company during the National Reverse Mortgage Lenders Association (NRMLA) Virtual Summer Meeting this month, as well as direct conversations with company personnel about the change. Read the full story on Reverse Mortgage Daily.