News & Events
Reverse Mortgage Daily
Not many people in the reverse mortgage industry today can say that they've been in the business for a quarter-century without a name change. One company ...
August 19Reverse Mortgage Daily
For a lot of reverse mortgage originators, the story of their careers often begins in the traditional, forward mortgage space before finding a new home in reverse.
August 18Reverse Mortgage Daily
Through a new rule announced Wednesday, the Federal Housing Administration (FHA) is making it easier for condo owners to get reverse mortgages and other ...
August 14Reverse Mortgage Daily
It's no secret that in terms of the ways it's communicated to the public as a financial product, the reverse mortgage has had difficulty in both gaining and ...
July 28HousingWire
For years, HECM lenders have tried to launch a privately insured reverse mortgage product in the state of New York but have been stopped by repeated ...
July 23Reverse Mortgage Daily
It's a well-known norm in the reverse mortgage industry that product education is key to expanding the understanding of reverse mortgage products, whether ...
August 11Reverse Mortgage Daily
As more and more borrowers pursue proprietary reverse mortgages in addition to traditional Home Equity Conversion Mortgages, originators need to be aware ...
August 15Reverse Mortgage Daily
Americans are retaining a strong desire to age in place, as opposed to moving into some kind of assisted living arrangement. 61 percent of surveyed Americans ...
August 19Bay 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 ExpressBay 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 MortgagesAs 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 hereA 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 TrustRecently 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 herePlease 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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