News

Starwood Capital Group Completes Acquisition of RMF Parent Company

Reverse Mortgage Investment Trust (RMIT), the parent company of leading reverse mortgage lender Reverse Mortgage Funding, LLC (RMF) has announced the successful completion of its acquisition by an affiliate of Starwood Capital Group, a global private investment firm which is focused on real estate investments and which maintains more than $60 billion of assets under management. Read the full story on Reverse Mortgage Daily.

Posted: January 7, 2021

Reverse Mortgage Funding Launches Latest Innovative HECM Product

Reverse Mortgage Funding LLC (RMF) announced today it has launched its HECM MAX5 product to help provide borrowers with peace of mind against future interest rate increases.

Posted: October 26, 2020

Reverse Mortgage Funding LLC (RMF) announces the release of their proprietary product’s—Equity Elite®— line of credit option

Reverse Mortgage Funding LLC, one of the nation’s leading reverse mortgage lenders, today announced the launch of its proprietary product’s line of credit option. The Equity Elite^® Line of Credit is a powerful financial tool geared towards the unique needs of those age 60^*and older. It combines the power of a traditional Home Equity Line of Credit (HELOC) and the flexibility of a reverse mortgage into one versatile product—and has attractive advantages over other proprietary lines of credit.

Posted: August 17, 2020

Reverse Mortgage Funding LLC expands its origination footprint to the State of New York

Reverse Mortgage Funding LLC (RMF), one of the nation’s leading reverse mortgage lenders and the #1 HECM-backed securities (HMBS) issuer for 2018, today announced that the company is now licensed to originate Home Equity Conversion Mortgages (HECM) to homeowners and homebuyers in the State of New York, through its retail and wholesale channels.

Posted: October 18, 2019

Reverse Mortgage Daily: RMF Hires Scott as Account Exec

After announcing the hiring of Tim Griffin as an account executive overseeing third-party originator (TPO) relationships with brokers, Bloomfield, N.J.-based lender Reverse Mortgage Funding (RMF) announced an additional appointee. Read the full story on Reverse Mortgage Daily.

Posted: July 25, 2019