Author: RMN
Administrator.
American Senior Lending Launches EquitySelect™ — A First-of-Its-Kind Nonrecourse Home Equity Loan for Retirees
IRVINE, Calif. — September 17, 2025 — American Senior Lending (ASL), a national leader in retirement-focused home equity solutions, today announced the launch of EquitySelect™,[more...]
Fairway Moves Deeper Into AI with OpenAI Partnership, Names New EVP to Lead Initiative
Fairway Independent Mortgage Corporation is making a decisive move into artificial intelligence, announcing a new strategic partnership with OpenAI — the research company behind ChatGPT.[more...]
Understanding the 60% Reverse Mortgage Rule and Its Impact on Borrowers
As living costs continue to climb and debt pressures grow, older homeowners are increasingly turning to home equity as a financial resource. Reverse mortgages —[more...]
How Much Can a 70-Year-Old Borrow with a Reverse Mortgage Today?
Many retirees today find themselves in a unique financial position: rich in home equity, but limited in monthly income. With pensions fading and Social Security[more...]
Why One Economist Is Betting on Seniors’ Home Equity
Christopher Mayer’s career has spanned academia, policy, and business leadership. With a Ph.D. in economics and early work at the Federal Reserve Bank of Boston,[more...]
Fairway Debuts Hybrid eClosings for Reverse Mortgages
Fairway Independent Mortgage Corporation has become the first lender to introduce hybrid eClosings for reverse mortgage borrowers, bringing a digital innovation long used in forward[more...]
Retirees Turn to Reverse Mortgages Amid Rising Property Taxes, Advises Financial Planner
In a recent blog post highlighted by MarketWatch, a retired public school teacher from the Pacific Northwest shared his concerns about managing rising property taxes[more...]
David Peskin Acquires Ownership Stake in HighTechLending to Expand Reverse Mortgage Offerings
In a significant move within the reverse mortgage industry, David Peskin, a seasoned professional with a history at Senior Lending Network and Reverse Mortgage Funding[more...]
Ginnie Mae Advances Reverse Mortgage Initiatives with New MBS Exploration
Ginnie Mae is actively assessing the potential for a novel securitization product aimed at enhancing the scope of its Home Equity Conversion Mortgage (HECM) mortgage-backed[more...]
Jim Milano Discusses Transition to McGlinchey Stafford and Ongoing Commitment to Reverse Mortgage Industry
In a notable transition earlier this year, attorney Jim Milano made the strategic move to join the law firm McGlinchey Stafford, departing from his longstanding[more...]
English