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NRMLA elects MacNally and Nixon as new co-chairs

The board of directors of the National Reverse Mortgage Lenders Association (NRMLA) has announced the election of Cheryl MacNally of Wells Fargo Home Mortgage and John Nixon of Bank of America as the...

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Bank of America to Exit the Reverse Market and Forms Legacy Asset Servicing...

Bank of America Home Loans has announced that it will exit the reverse mortgage origination business and move the unit’s operational resources into other critical areas serving customers. Bank of...

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