General World News

Assessing the reverse mortgage technology landscape

Reverse mortgages have a minimum age requirement that serves as a key differentiator for the product. But it also leads to questions about how much — or how little — technology tools can or should interact with the business.

But things seemed to take a step forward last week when one of the leading lenders in the space, Fairway Independent Mortgage Corp., announced that it was implementing hybrid e-closings into its reverse mortgage processes.

While some documents still legally require a so-called “wet” signature, incorporating more technology into these elements of the details ⇒

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