Rocket Mortgage is shutting down its Canadian operations as the company refocuses on its core U.S. business, with plans to complete the exit by June 27, the Detroit-based lender announced Thursday.

As reverse mortgage lenders wait for the dust to settle around the decision by MetLife to exit the business last week, many are taking the opportunity to build their teams through new hires. The list ...

MetLife Bank, the nation’s 12th largest funder of residential mortgages and a division of insurer MetLife Inc., announced it is selling its mortgage business, citing “uncertainty in the marketplace ...

Wells Fargo announced in March it would no longer accept reverse mortgages through its broker network and yesterday it got out of the industry altogether. Wells Fargo, the nation’s largest reverse ...

The 'ResiClub' team ran the numbers to better understand the math on 50-year mortgages. Here’s what we learned.