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Reverse Express
The Ultimate Reverse Origination System

News & Events


Reverse Mortgages Are A Bust Partly Because Average Home Equity Is $80,000  
Forbes

Reverse mortgage may not help most American seniors close the gap between what they need and what they have for a comfortable retirement. Over 50% of ...

January 17
Up-Front Costs For Opening A Reverse Mortgage  
Forbes

Up-front costs for reverse mortgages come in three categories: origination fee, initial mortgage-insurance premium, and closing costs. The up-front costs could ...

December 26
Top 10 reasons why borrowers pursue a jumbo reverse mortgage  
HousingWire

American Advisors Group has surveyed borrowers who have chosen its private-label AAG Advantage loan to determine what prompts seniors to pursue a jumbo ...

January 17
Here are the top 10 reverse mortgage stories of 2018  
HousingWire

It's been an eventful year in the reverse mortgage industry. The HECM space saw the much-anticipated proprietary market bloom with the advent of six new ...

December 28
Quontic Bank: Proprietary products are key to reverse mortgage success  
HousingWire

As the Federal Housing Administration's reverse mortgage product continues to see its volume decline, some lenders are setting their sights on the non-agency ...

January 14
For Reverse Mortgage Originators, Government Shutdown is Business as Usual  
Reverse Mortgage Daily

Although new endorsements of Home Equity Conversion Mortgages (HECMs) have been halted due to the partial government shutdown that began on ...

January 07
Inside Reverse Mortgage Alternatives: QuantmRE  
Reverse Mortgage Daily

The leadership team behind a new equity release product made available at the end of 2018 understands that it is competing with standard home equity ...

January 15
Reverse mortgage securities market shrinks | 2019-01-16  
HousingWire

Reverse mortgage volume has taken a nosedive in the past year, a fact that is glaringly evident by the product's performance in the secondary market. The latest ...

January 16

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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