News

Reverse Mortgage Daily: RMF Seeks Reverse Mortgage Market Expansion in New Equity Elite Option

Reverse Mortgage Funding (RMF) has introduced a new interest rate option for its Equity Elite proprietary reverse mortgage product, which is designed to broaden the reverse mortgage product landscape and capture a wider segment of senior borrowers.

In an effort to compete more directly with traditional avenues of financing, Equity Elite has introduced a new option with a 4.99% rate, a 200 basis point origination fee on principal limit, and the same principal limit factors (PLFs) as other Equity Elite options. Read the full story on Reverse Mortgage Daily.

Posted: November 21, 2019

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

Reverse Mortgage Daily: RMF Adds Griffin as Account Executive

Bloomfield, N.J.-based lender Reverse Mortgage Funding (RMF) announced the appointment of Tim Griffin as an account executive, who will be responsible for building and maintaining third-party originator (TPO) relationships with brokers, principal/authorized agents and correspondent lenders. Read the full article on Reverse Mortgage Daily.

Posted: July 25, 2019

HousingWire: Reverse Mortgage Funding hires 2 new wholesale executives

Reverse Mortgage Funding is beefing up its wholesale team, announcing two new hires this week as Tim Griffin and Jaimee Scott join the team as account executives. Read more in this article from HousingWire.

Posted: July 25, 2019