Tag: HECM Lenders News
ReverseVision Supports HECM Lender Transition from LIBOR to CMT Index, Updates Docs to Facilitate Index Migration
SAN DIEGO, Calif. /California Newswire/ -- ReverseVision, the leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced it has updated all documents that reference an index to support both the Constant Maturity Treasury (CMT) and London Interbank Offer Rate (LIBOR) indexes.