The National Reverse Mortgage Lenders Association (NRMLA) has elected its board officers and co-chairs for the 2024-2025 term, including a slate of new officers along with both new and returning co-chairs. Mike Kent, senior vice president of reverse asset management and industry relations at PHH Mor

Minneapolis-based mortgage lender Luminate Home Loans has decided to shutter its NEO Home Loans division, which transitioned to the firm two years ago, the company announced on Friday. The expectation is that NEO will close by the end of February 2025. According to Luminate, the decision reflects, a

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A future glimpse into how mortgages will be created in 2035 can be found in a woodsy office park in Athens, Georgia. FormFree, a mortgage fintech founded in the midst of the Global Financial Crisis by Brent Chandler, is putting the customer in control of their own data, a practice known as “open ban