HW Media acquires Reverse Mortgage Daily

HW Media has acquired Reverse Mortgage Daily from Aging Media Network Inc. for an undisclosed amount.

HW Media CEO Clayton Collins writes, “Since RMD was founded by John Yedinak in 2007, the publication has focused on being an industry-led news source, offering a down-to-earth, personal and independent perspective on reverse mortgages. The values and strategy fostered by RMD’s founders and team align perfectly with HW Media’s values and strategy. RMD will continue to be an industry-led news source, and its readers will benefit from the resources and housing industry lens of HW Media. I’m thrilled to work with RMD Editor Chris Clow to bring this strategy to life.

“‘I’m excited about RMD’s future in the hands of HW Media and am confident they have the resources and drive to take it to the next level,’ said John Yedinak, founder of Reverse Mortgage Daily.

“You all know RMD well, so let me provide a little background on HW. I formed HW Media in 2016 through the acquisition of HousingWire. The vision for HW Media’s business was that we would build a multi-brand business media company focused on real estate, housing finance and financial services markets.”

Read more here.