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Cybersecurity Awareness

Cybersecurity at Home Home computer users have been victims of unprecedented cyber-crime over the past decade. Recent exploits of home computer users include Ransomware, Identity Theft, Harassment and Extortion. The primary means of delivering cyber attacks against home used ins the Internet and statistically, no age group is immune either. Click here to review the […]

Anchorman

Stay Classy San Diego!

It’s amazing what a difference a year makes; an advancing market with the introduction of proprietary products and continued policy developments. Something we can count on is the ever-changing structure of the business and a forum to discuss what the future holds, NRMLA’s 2018 Annual Meeting & Expo. An event that fosters collaboration between reverse […]

Uptick in Mortgage Wire Fraud Attempts

Across the mortgage lending space, wire fraud attempts are on the rise as hackers become increasingly sophisticated in their methods of deception. In 2016, the American Land Title Association revealed that title companies reported an alarming 480% increase in wire fraud scams. Allegiant Reverse Services, a California-based reverse mortgage title company, said it has spotted […]

Reverse Mortgage News

• The Federal Housing Administration on Friday announced a new appraisal requirement for Home Equity Conversion Mortgage lenders in another attempt to stem losses to the Mutual Mortgage Insurance Fund. Read the Mortgagee Letter here: Mortgagee Letter • Earlier this week Finance of America Reverse announced their new HomeSafe Second-Lien Reverse Mortgage. Allegiant Reverse Services […]

Important Information Regarding ARS’ California Rates

As the reverse mortgage lenders have adjusted to meet the needs of California borrowers, so have we! In the article below, Reverse Mortgage Daily details the ways in which the new menu of proprietary products have stepped in to fill the void in California that the HECM hasn’t been able to meet. Our business is […]

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