The San Juan, Puerto Rico-based lender will be allowed to pool and securitize reverse mortgages and retain the servicing of the loans under the new approval.

The company is Ginnie Mae-approved for Title I and Title II HMBS. Joining the ranks of reverse mortgage securities issuers, Moneyhouse has received approval from Ginnie Mae to issue HECM-backed mortgage securities (HMBS). Moneyhouse if a family-owned company, founded in 2007, which operates both in the U.S. Ralph is an ideal choice to take Moneyhouse to the next level.вЂќ Best for Ease of Qualifications: Reverse Mortgage Funding. His expertise in managing teams and focus on providing enhanced client services will help us continue on our path of producing quality loans for our investors. Best Overall: American Advisors Group (AAG) Best for Good Credit: Liberty Reverse Mortgage. вЂњRalph brings tremendous value and experience to us along with an exemplary reputation within the mortgage banking industry. Introducing Moneyhouse On Demand a B2B portal designed to right fit our business Partner reverse mortgage lending needs through a robust interactive. вЂњWe are very excited to have Ralph join our team,вЂќ said Moneyhouse CEOВ David R. In his new role with Moneyhouse, Rosynek will support the company in its initiatives toward service and growth.

He has served in leadership positions with industry and trade associations relating both to forward and reverse mortgage lending. Rosynek brings more than three decades of mortgage industry experience, including reverse mortgage roles with first Reverse Financial Services, and most recently with Reverse Mortgage Solutions, where he served asВ senior vice president for wholesale and correspondent channels as well as national director of corporate marketing and communications. Homeowners commonly use a reverse mortgage to get rid of existing mortgage or other debt payments (credit cards, installment loans, medical bills, etc.). Reverse mortgage lender Moneyhouse today announced the hire of reverse mortgage veteran Ralph Rosynek as senior vice president of the companyвЂ™s wholesale and correspondent divisions.

Moneyhouse reverse mortgage