RMF Newsroom, Consumer Direct, Distributed Retail, Partners Reverse Mortgage Funding Forges Relationship with National Association of Home Builders RMF sponsors NAHB’s 50+ Housing Council Leadership Circle Monday, August 25, 2014 Bloomfield, N.J., August 25, 2014 — Reverse Mortgage Funding (RMF) today announced it is the first-ever corporate sponsor of the National Association of Home Builders’ (NAHB) 50+ Housing Council Leadership Circle, further strengthening its ties to the senior housing market. Read more
RMF Newsroom, Consumer Direct, Distributed Retail, Partners Reverse Mortgage Funding Acquired by Reverse Mortgage Investment Trust Monday, July 14, 2014 Bloomfield, N.J., July 14, 2014 — Reverse Mortgage Funding LLC (RMF) announced today that it has been acquired by Reverse Mortgage Investment Trust Inc. (RMIT). RMIT is a real estate investment trust whose primary focus is on investing in FHA-insured reverse mortgages and government-guaranteed, reverse mortgage-backed securities. RMIT recently completed a private 144A equity offering, raising $230 million in capital. Read more
RMF Newsroom, Consumer Direct, Distributed Retail, Partners Reverse Mortgage Funding Introduces HECM Annual Company Expands Product Suite with Annually Adjusting Reverse Mortgage Wednesday, July 2, 2014 Bloomfield, N.J., July 2, 2014 — Reverse Mortgage Funding LLC (RMF) today announced it has launched its latest product, HECM Annual, to further extend its product line. This product introduction complements RMF’s existing product portfolio, allowing the company to offer its partners a full range of products to best meet their customers’ needs. Read more
RMF Newsroom, Consumer Direct Reverse Mortgage Funding Plans for Explosive Sales Team Growth Company plans to hire nearly 50 agents by end of year Monday, June 23, 2014 Bloomfield, N.J., June 23, 2014 — Reverse Mortgage Funding LLC (RMF) today announced it is aggressively recruiting and hiring its national network of distributed retail agents. Read more
RMF Newsroom, Consumer Direct, Distributed Retail, Partners Reverse Mortgage Funding Launches Latest Innovative HECM Product HECM MAX5 is industry’s first variable rate loan with a five percent lifetime cap Thursday, May 8, 2014 Bloomfield, N.J. May 8, 2014 — Reverse Mortgage Funding LLC (RMF) today announced it has launched another innovative HECM product, HECM MAX5, the industry’s first variable rate Home Equity Conversion Mortgage with a lifetime cap of five percent. RMF continues to be at the vanguard of the reverse mortgage industry offering innovative products that best meet borrowers’ needs. Read more