In the News

Title

Reverse Mortgage Communication Breakdowns, Urban’s New Name

Document Type

Article

Publication Date

12-7-2015

Abstract

n this week’s Reverse Focus podcast, Shannon Hicks discusses why Quicken Loans, the nation’s third largest mortgage lender, is considering an exit from Federal Housing Administration (FHA) lending. Quicken, which is also the parent company of top-10 reverse lender One Reverse Mortgage, cited in a recent Reuters report that the company may bow out of FHA lending programs as a result of its ongoing legal dispute with the Department of Justice over false claim allegations.