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Reverse Mortgage Industry News

• The RMD Podcast #38: Celink’s Gail Balettie on the importance of reverse mortgage servicing
  Celink’s SVP of Client Satisfaction Gail Balettie talks about the importance of reverse mortgage servicing, what loan originators and more. The post The RMD Podcast #38: Celink’s Gail Balettie on the importance of reverse mortgage servicing appeared first on Reverse Mortgage Daily.
• Reverse mortgage borrowers now qualify for private flood insurance
  The rule published this week goes into effect in December, and culminates nearly two years of reverse mortgage industry advocacy to include HECM borrowers. The post Reverse mortgage borrowers now qualify for private flood insurance appeared first on Reverse Mortgage Daily.
• FHA rescinds mandatory Catalyst appraisal submission requirement
  According to a new Mortgagee Letter, the FHA will no longer require the Catalyst transition and will focus on tools with proven effectiveness instead. The post FHA rescinds mandatory Catalyst appraisal submission requirement appeared first on Reverse Mortgage Daily.