Do you know how much the typical homeowner has sunk into their home? What is the total cost of homeownership for the older homeowners you meet with?
Continue readingThe Shocking True Cost of Homeownership
Why More Older Mortgage Applicants Are Denied Credit
Here are three reasons older mortgage applicants are rejected more than their younger counterparts.
Continue readingHere’s Why Few Financial Advisors Look to Housing Wealth
This may be why so many advisors ignore what is most often their client’s largest asset.
Continue readingUnlocking Hidden Retirement Cash
Innovation continues despite an uncertain housing and real estate market. One such product could be seen as a reverse mortgage in your pocket
Continue readingGinnie Mae’s New HECM Security to Ease Liquidity Strains
Innovation continues despite an uncertain housing and real estate market. One such product could be seen as a reverse mortgage in your pocket
Continue readingCondo Rules Quash Reverse Mortgage
Florida’s 2022 legislation for condominium maintenance and strict condo rules are quashing reverse mortgages.
Continue readingThe CFPB Bans Former HUD HECM Servicer
Last week the Consumer Financial Protection Bureau (CFPB) issued a consent order against former HECM servicer Novad Management and Sutherland Global seeking millions in civil and monetary damages
Continue readingA Revolution in HECM Calculators
Lenderful Solutions has revolutionized the typical HECM calculator with its Point-of-Sale consumer interface. We interview Paul Lehnert to learn more about this powerful sales tool.
Continue readingRetirees could face a perfect storm of economic conditions.
There are growing concerns among economists that the U.S. could be heading into a perfect storm of economic conditions.
Continue readingWill young adults need a reverse mortgage to buy a home?
With home affordability at a historic low younger home shoppers may need a reverse mortgage to qualify…
Continue reading