Industry Leader Update Jan 24, 2011
Continue readingOur Viewers Speak Out…
20,000 or 100,000 reverse mortgages in technical default?
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Reverse Mortgage Delinquency Crisis
Are borrowers spending their reverse mortgage funds unwisely? Is it the woman or the man who tends to spend the funds more quickly? Watch this week’s video for more.
“Necessary evil”
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Tax And Insurance Default
The topic of Tax And Insurance Default is a hotly debated issue in the Reverse Mortgage Industry, but recently HUD issued a guidance letter that gives some direction to reverse mortgage lenders.
Industry Leader Update: January 3 2011
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Decline In Housing Prices
According to K Shiller, which measures housing prices across the United States with the K Shiller Index, 18 out of 20 metropolitan areas showing a decline in housing prices. Watch the video for more.
Look again: RMs in a better light. Industry Leader Update
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Reverse Mortgages In A Better Light
Normally reverse mortgage borrowers wouldn’t consider a reverse mortgage if they expected to stay in their home for a short time due to fear of the up front costs, but the HECM Saver is changing that story. Watch the video for more…
TV Pitchman to go reverse? Industry Leader Update
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J.G. Wentworth and Reverse Mortgages
J.G. Wentworth is looking for a licensed mortgage broker or lender to build a nationwide retail operation that offers reverse mortgages.
Visit ReverseMortgageDaily.com for the full story on the Consumer’s Union report.
New! Improved Industry Leader Update video
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Reverse Mortgage Market Increase
This month there was a market increase in reverse mortgage production. We’re still down from last year, but we are beginning to see signs of recovery.
New Video: Housing values in 2011 & RM volume
2011 Reverse Mortgage Industry
What does the year 2011 hold for the reverse mortgage industry? Watch the video for more on housing prices, mortgage percentages, and 2011 projections.
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Why the HECM Saver is crucial to our survival
NRMLA Annual Meeting in New Orleans
At the NRMLA Annual Meeting in New Orleans it was eye-opening to say the least just how important the HECM Saver is to the entire reverse mortgage industry.
Watch the video below…
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Will Fed’s new RM disclosures simplify?
Reverse Mortgage Disclosures
Fannie Mae is suspending acceptance of all new HECM deliveries, and The Federal Reserve is making proposed reverse mortgage disclosures. Watch the video and see what you think.
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