Company Information

Get to know Reverse Mortgage Solutions, Inc.

Founded in 2007, Reverse Mortgage Solutions, Inc. (RMS) grew to become one of the largest servicers of reverse mortgages in the United States. The company focused on originating and servicing Home Equity Conversion Mortgages (HECMs), which are FHA-insured loans for seniors. Over its history, RMS was owned by several parent companies, including Walter Investment Management Corp. In October 2021, Ocwen Financial Corporation completed its acquisition of RMS, and the company's operations, technology, and employees were subsequently integrated into Ocwen's subsidiary, PHH Mortgage Corporation. As a result, Reverse Mortgage Solutions, Inc. no longer operates as a standalone entity.

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Reverse Mortgage Solutions, Inc.

United States

Founded in

2007 (19 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.