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, 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
RMF Newsroom, Distributed Retail Patrick Lambrecht Joins Reverse Mortgage Funding as Retail Operations Leader Lambrecht will lead key growth channels Monday, April 14, 2014 Bloomfield, N.J. April 14, 2014 — Reverse Mortgage Funding LLC announced today that it has hired Patrick Lambrecht as its Retail Operations Leader. He will lead all retail operations for the company, with particular focus on the HECM for Purchase and Private Label Channels, two key growth areas. Read more