Here’s how reverse mortgage pros and HECM for Purchase borrowers can supercharge the advantages of a H4P to improve retirement!
Continue readingPlanned HUD Office Closure & HECM Services
DOGE’s planned closure of HUD field offices across the nation likely includes the Tulsa, Oklahoma field office, which houses HECM operations and the National Servicing Center.
Continue readingIt’s not a good time to be a Home Equity Alternative Company
|E868| Now’s not a good time to be a company offering home equity alternatives to reverse mortgages or HELOCs. Last month, the CFPB issued a warning on equity sharing arrangements. Last October, Washington State’s Attorney General’s office filed a suit against Unison. Now, Hometap is in the crosshairs of the Massachusetts State Attorney General’s office, who allege that the company “pervasively and systematically violated the state’s consumer protection laws.
Continue readingA Cure for ‘Perma-Renting’ in Reverse!
There’s an uptick of Canadian reverse mortgage borrowers using their loan to help their heirs buy a home. Heres how…
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