Items Tagged with '1st Reverse Mortgage USA'

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  • HECM margins remain stable at 1.98%

    Reverse mortgage lenders find balance after a tough year
    Margins on adjustable-rate reverse mortgage loans averaged 1.98% in October, according to HECM analytics provider Baseline Reverse. "We continue to see stabilization around the 2% margin as the market appears to have found its competitive footing," said Baseline President Dan Ribler.
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  • Cherry Creek Mortgage LOs learn HECMs to grow business

    1st Reverse Mortgage USA teaches parent company originators about reverse
    Interest rates are up, refi volume is down, and some mortgage originators are feeling the pinch. Cherry Creek Mortgage is helping its LOs bolster their game by teaching them how to add reverse mortgages into their product mix.
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  • Hulbert Joins 1st Reverse Mortgage USA

    1st Reverse Mortgage USA, a division of Cherry Creek Mortgage Company, announced the hiring of Sarah Hulbert as Retail Business Development Manager.  The company announced that Hulbert will be responsible for overseeing the growth and development of retail business for the company. Prior to joining 1st Reverse Mortgage USA, Hulbert was Senior Vice President for Reverse Mortgages at Seattle Mortgage Company.  According to 1st Reverse Vice President, Dan Harder, Hulbert's experience and philosophy of education first based customer service is ideally matched to the company's business model.   Hulbert brings over 18 years of reverse mortgage experience to 1st
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