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. 

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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.

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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.

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