Residency requirements top HUD OIG’s list of open reverse mortgage issues

On an online database tracking a series of issues the U.S. Department of Housing and Urban Development (HUD) Office of the Inspector General (OIG) related to the Home Equity Conversion Mortgage (HECM) program, there are four open recommendations according to a review by HousingWire‘s Reverse Mortgag

EPM’s Kevin DeLory dies of cancer at 53

Kevin DeLoryKevin DeLory, Equity Prime Mortgage’s (EPM) chief lending officer TPO and a partner in the business, died on Tuesday following a bout with cancer. He was 53 years old.DeLory spent more than 20 years in the TPO space. A Rhode Island native, he graduated from Rhode Island College in 1994,

Realtor on impacts of deadly Kentucky flooding

Catastrophic flooding continues to inundate the central U.S. as rivers remain swollen from unprecedented rainfall brought on by a series of deadly storms.Spanning from Kentucky, Illinois and Ohio to Louisiana and Mississippi, floodwaters are still surging downstream, overwhelming neighborhoods, infr