For Advisors
2025 is the year to watch for numerous reasons. An incoming presidential administration, the trajectory of inflation, and economic growth or retraction–each contributing to older American’s retirement experienceHere are three things that retirees will want to watch for in 2025.
Here’s what LA fire victims with a reverse mortgage need to do and how servicers can help.
Burnout? Fatigue? Frustration? Each can creep in and poison our outlook as reverse mortgage professionals–myself included Here are four things to remember in such circumstances.
There’s another housing affordability crisis that has nothing to do with purchasing a home. A fresh look a homeownership in America— a dream that has become a nightmare for many senior homeowners.
One MSN reader asks if she should financially support her parents to avoid a reverse mortgage as she’s the sole heir. Here’s what they said.
Each of us has a mountain to climb. How should we begin? Sir Edmund Hillary said it best…
Here’s why despite three recent rate cuts by the Fed that long-term interest rates for HECMs and traditional mortgages remain high.
People’s behavior makes sense if you think about it in terms of their goals, needs, and motives. That’s the case when it comes to the trend toward younger reverse mortgage borrowers. But senior advocates and others see it differently…
Is a reverse mortgage in fact the last safe haven for future retirees? If so why are we not seeing record production? A look at the current state of soon to be retirees, home values...
Don’t burn bridges. The HECM is a bridge over the troubled waters of retirement. What must we do to insure it remains a reachable option for future retirees?
A recent article in the Wall Street Journal cites concern over the 4% Rule. Traditional withdrawal strategies may no longer work for most in today’s market. Reverse Mortgages are mentioned as part of the solution.
AARP still calls it a ‘loan of last resort’. Will cash-burn by younger borrowers increase future defaults and foreclosures?
[vimeo id="30161174" width="601" height="338"] HUD has made it official, reverse mortgage lenders have the authority to help prevent tax and insurance defaults when it comes to financial underwriting and potential reverse mortgage borrowers assessments.
[vimeo id="29508282" width="601" height="338"] $30 Billion Savings Per Year if Medicaid Eligibility Rules Changed One expert points out that home equity should be required to be utilized before certain individuals can qualify for Medicaid. Learn...
People’s behavior makes sense if you think about it in terms of their goals, needs, and motives. That’s the case when it comes to the trend toward younger reverse mortgage borrowers. But senior advocates and others see it differently…
Is a reverse mortgage in fact the last safe haven for future retirees? If so why are we not seeing record production? A look at the current state of soon to be retirees, home values...
Don’t burn bridges. The HECM is a bridge over the troubled waters of retirement. What must we do to insure it remains a reachable option for future retirees?
A recent article in the Wall Street Journal cites concern over the 4% Rule. Traditional withdrawal strategies may no longer work for most in today’s market. Reverse Mortgages are mentioned as part of the solution.
AARP still calls it a ‘loan of last resort’. Will cash-burn by younger borrowers increase future defaults and foreclosures?
[vimeo id="30161174" width="601" height="338"] HUD has made it official, reverse mortgage lenders have the authority to help prevent tax and insurance defaults when it comes to financial underwriting and potential reverse mortgage borrowers assessments.
[vimeo id="29508282" width="601" height="338"] $30 Billion Savings Per Year if Medicaid Eligibility Rules Changed One expert points out that home equity should be required to be utilized before certain individuals can qualify for Medicaid. Learn...
Share:
Must Read:
Leave a Comment
Recent Stories
Topics
Recently the Mortgage Bankers Association floated a proposal for Ginnie Mae to create a new...
The latest case number assignments for HECM loans was released. Here’s what October’s application data...
Mortgagee Letter 2024-22 was released on November 26th announcing the new HECM limit which will...