The average size of newly built homes decreased in 2016 - a sign that the home building industry is preparing for the coming wave of first-time buyers as Millennials begin to dip their toes into the market, according to research and survey results released today by the National Association of Home Builders^® (NAHB).

A recent survey conducted by the National Association of Home Builders’ (NAHB) and sponsored by Reverse Mortgage Funding LLC (RMF) — titled “Housing Preferences of the Boomer Generation: How They Compare to Other Home Buyers” — found that for many baby boomers, uneasiness over finances is one of the primary reasons they are hesitant about relocating to a new residence that more appropriately caters to their needs.

BLOOMFIELD, N.J. (November 16, 2015) — Reverse Mortgage Funding LLC (RMF), a leading lender of FHA- insured¹ Home Equity Conversion Mortgages (HECMs), today announced it will sponsor a National Association of Home Builders’ (NAHB) survey titled, “Housing Preferences of the Boomer Generation: How They Compare to Other Home Buyers.” The results of the survey will be presented at the NAHB International Builders' Show® (IBS) scheduled to take place from January 19–21, 2016 at the Las Vegas Convention Center.

BLOOMFIELD, N.J. (March 31, 2015) — Reverse Mortgage Funding LLC (“RMF”) is pleased to announce the appointment of Eric Ellsworth as Consumer Direct Sales Channel Leader and Michael Seals as Director of Digital Marketing, effective immediately. Mr. Ellsworth will report to President David Peskin and Mr. Seals will report to Chief Marketing Officer Jean Noble.

Bloomfield, N.J., February 25, 2015 — Reverse Mortgage Funding LLC (RMF) today announced it has opened a storefront sales office in Lincoln, California, a submarket of Sacramento. RMF’s new office is located at 1510 Del Webb Blvd. in Sun City Lincoln Hills by Del Webb, the largest active adult community in California, which is comprised of approximately 7,000 homes.