8 strategies to boost sales in a challenging mortgage market.
Continue reading8 Sales Strategies for an Ugly Mortgage Market
AARP: Rising Rates Hit Reverse Mortgage Payouts
Industry expert, author, and founder of Understanding Reverse contributed a column to Housing Wire’s Reverse Mortgage Daily that reveals two often overlooked facts about the HECM’s expected rate used to determine the federally insured reverse mortgage’s principal limit.
Continue readingShould I live under a bridge?!
The common objection to reverse mortgages is that they’re too expensive. The question is, expensive compared to what?
Continue readingTwo things most reverse pros don’t know about the expected rate
Industry expert, author, and founder of Understanding Reverse contributed a column to Housing Wire’s Reverse Mortgage Daily that reveals two often overlooked facts about the HECM’s expected rate used to determine the federally insured reverse mortgage’s principal limit.
Continue readingAre reverse mortgages expensive? Compared to what?
The common objection to reverse mortgages is that they’re too expensive. The question is, expensive compared to what?
Continue readingMajor Changes to HECM Applications?
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EPISODE #821
Major Changes to HECM Applications: Feedback sought in Federal Register
[HUD/FHA]
HUD is seeking public feedback for planned changes to the loan origination documents for FHA-backed Home Equity Conversion Mortgages. [Listen for details]Â [Federal Register Post]Â
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[California Mortgage Relief] Time is running out for California reverse borrowers needing assistance with property charges.
[HUD] HUD announces the sales of notes for vacant HECM properties where all borrowers have passed away.Â
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The HECM: Yesterday, today, and tomorrow
A brief history of the Home Equity Conversion Mortgage (HECM) program, present challenges, and opportunities.
Continue readingMarch 2024 Top 100 HECM Lenders Report
The latest endorsement data is here and it shows increased endorsements for 7 of the top-10 ranked lenders. However, March endorsements were the…
Continue readingU.S. Senator calls for more oversight of HECM securitization
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EPISODE #820
Senator Mike Braun calls for increased oversight of the HECM MBS program
[Housing Wire]
U.S. Senator Mike Braun wrote a letter to Ginnie Mae’s president asking for policy solutions to prevent a collapse of the secondary market HMBS program. [Listen for details]Â
Other Stories:Â
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[Reverse Market Insight] Our monthly segment of RMI’s Market Minute.
[Journal Courier]Â Is downsizing worth it for retirees?
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Webinar Replay: 4 Things Every HECM Pro Should Know About Loan Servicing
As promised, we are providing a replay for your review or to watch for the first time if you were unable to attend.
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