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Reverse Express
The Ultimate Reverse Origination System

News & Events


HUD Announces Residential Reverse Mortgage Sale  
DSNews.com

Here's how to become a bidder in HUD's latest residential reverse mortgage sale, consisting of approximately 1500 reverse mortgage notes secured by ...

July 15
HUD Offers More Reverse Mortgage Pools for Sale  
Reverse Mortgage Daily

The Department of Housing and Urban Development (HUD) has publicly announced its intention to sell multiple pools of approximately 1,500 reverse mortgage ...

July 14
The Closure of Live Well Financial: The Story So Far  
Reverse Mortgage Daily

Once one of the top 10 reverse mortgage lenders by volume, the closure of Live Well Financial was as swift as it was unexpected. While the dust has yet to ...

July 14
Busting Three Half-Truths About Reverse Mortgages  
Forbes

Reverse mortgages are not a well understood or utilized product today. Consumers rarely know when they should consider using one and when they should ...

June 24
How Professionals Can Avoid Reverse Mortgage Sales Surprises  
Reverse Mortgage Daily

Over the past 30 years, the reverse mortgage industry has gone through an abundance of change. In fact, the reverse mortgage of today looks quite different ...

July 10
Propriety Reverse Mortgage Products Could Eclipse FHA's HECM Program in 2019  
Forbes

The reverse mortgage market world heads in reverse away from the government created Home Equity Conversion Mortgage (HECM) and towards new propriety ...

July 02
An Inside Look at NRMLA, the Reverse Mortgage Trade Association  
Reverse Mortgage Daily

The National Reverse Mortgage Lenders Association (NRMLA) is the foremost advocacy and educational organization in the reverse mortgage industry, taking ...

June 30
USA Today blasts reverse mortgages, industry fights back  
HousingWire

Last week, USA Today released a scathing investigative story that took aim at reverse mortgages, blasting lenders for targeting impoverished, elderly ...

June 17

Bay Docs News



Reverse Express™ LOS from Bay Docs, LLC Releases New Features

Bay Docs, LLC, a service provider dedicated solely to the reverse mortgage industry, has added processing, underwriting and lender website calculator modules to their Loan Origination System (LOS), Reverse Express™.

Bay Docs, LLC Eases Transition from Broker to Lender, Launches Reverse Express

Bay Docs, LLC, a reverse mortgage document preparation and software provider, recently announced a successful implementation of its Reverse Express product.

Bay Docs, LLC is Ready with the NEW GFE and HUD-1 for Reverse Mortgages

As of January 1, 2010, HUD requires that lenders and mortgage brokers provide their clients with a “new and improved” standard Good Faith Estimate (GFE) and HUD-1 Settlement Statement.

New limits for HECM Purchase - click here

A result of the American Recovery and Reinvestment Act of 2009 (ARRA) signed into law on February 17, 2009

States Change from Mortgage to Deed of Trust

Recently both Arkansas and New Mexico have changed to a Deed of Trust. Please be sure to contact your settlement agents with regards to the Trustee information.

HECM for Home Purchase program - click here

Please note that this will be available from Bay Docs January 1, 2009

2019

Bay Docs Holidays

Our offices are closed on the following days this year, however our systems run 24 x 7 x 365 for Hands-Free users.

Tuesday, January 1, 2019New Year's
Monday, January 21Martin Luther King
Monday, February 18Presidents’ Day
Monday, May 27Memorial Day
Thursday, July 4Independence Day
Monday, September 2Labor Day
Monday, October 14Columbus Day
Thursday, November 28Thanksgiving
Friday, November 29Thanksgiving
Wednesday, December 25Christmas
** December 24 - office to close at 12:00 (PST)
** December 31 - office to close at 2:00 (PST)

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