Against a backdrop economic uncertainty home prices have been surprisingly resilient. That’s good news for older homeowners and bad news for would-be homebuyers.
Continue readingWhat in the world is propping up home prices?
October 2024 Top 100 HECM Lenders Report
Here is the latest endorsement data for endorsements recorded in October.
Continue readingWhat’s Your Reverse Mortgage Origin Story?
What’s your reverse mortgage origin story? What motivates you to stick it out through good times & bad?
Continue readingWebinar Replay: HECM Occupancy Certifications
As promised, we are providing a replay for your review or to watch for the first time if you were unable to attend.
Continue readingPart 2: An Interview with George Vrban
Join us for part two of our exclusive interview with one of the nation’s top-producing HECM originators…
Continue reading10-Year CMT Climbs After Fed Funds Rate Cut
Since the Federal Reserve cut its benchmark interest rate on September 18th the 10-year Constant Maturity Treasury rate has climbed from 3.70% to 4.20%- a jump of 50 basis points…
Continue readingDon’t Avoid These Things
There are days when we lack motivation for a variety of reasons. Here are 4 ways to jump-start your your productivity…
Continue readingMutual of Omaha Mortgage Reverse Wholesale Announces Added Benefits for Broker Network
SAN DIEGO, CA — Mutual of Omaha Mortgage Reverse Wholesale has announced the introduction of Broker ProtectSM, a new benefits program, to its network of reverse mortgage brokers and principal agents.
Under the new program, Mutual of Omaha Mortgage’s approved brokers and principal agents will have access to the follow industry-first package of protections:
- Mutual of Omaha Mortgage will not solicit borrowers established within the broker network
- Mutual of Omaha Mortgage will exclude borrowers within the broker network from all outbound marketing campaigns
- Mutual of Omaha Mortgage will alert brokers to refinance opportunities when identified
- Brokers will be alerted if a payoff is ordered on one of their loans within the broker network
- The broker’s name will be added to the borrower’s monthly servicing statement to encourage them to contact the broker for refinance opportunities
“We are excited about the new benefits our broker network is provided under Broker Protect,” said Alex Pistone, President of Mutual of Omaha Reverse Mortgage. “These protections are a first in our industry and demonstrate the commitment and respect we have for our network and their success.”
For more information about Broker Protect, visit https://mutualreverse.com/wholesale/.
About Mutual of Omaha Mortgage
A subsidiary of Mutual of Omaha, Mutual of Omaha Mortgage offers a variety of home financing and refinancing options as well as industry-leading reverse mortgage products to help its customers through life’s transitions. For more information about Mutual of Omaha Mortgage, visit www.mutualmortgage.com.
About Mutual of Omaha
Founded in 1909, Mutual of Omaha is a highly rated, Fortune 500 organization offering a variety of insurance and financial products for individuals, businesses and groups throughout the United States. As a mutual company, Mutual of Omaha is owned by its policyholders and committed to providing outstanding service to its customers. For more information about Mutual of Omaha, visit www.mutualofomaha.com.
It Doesn’t Matter Until…
The Home Equity Conversion Mortgage (HECM) is, without a doubt, the best mortgage in the marketplace today yet it’s features and benefits don’t matter until…
Continue readingAn Exclusive Interview with the Nation’s Top HECM Originator
Are there any HECM loans to be closed in today’s market?’ Challenges notwithstanding there are so we interviewed the nation’s top-producing reverse mortgage originator George Vrban to learn more.
Continue reading