The Maryland Daily Record interviewed industry leader Steven Sless who reported that nearly 700,000 seniors were behind on their mortgage payments last year.
Continue readingNearly 700K seniors were behind on mortgage last yearÂ
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Continue readingAB2010 – California mandatory face-to-face counseling
Opposing AB2010 (California)
If you originate in California you will want to follow this story. The California Senior Legislature has asked for mandatory face to face reverse mortgage counseling. If passed, it would be a substantial change to the way California originators do business in the future.
Here is a link to the story on Reverse Mortgage Daily for more info.
