How we respond to ourselves when we make a mistake makes all the difference in the world. A look at an ancient lesson.
Continue readingYou’re not talking to a bad person
Reforms are Needed: Not Amputations
There is a growing consensus that the FHA and Ginnie Mae need reform. The key, however, is to strike a balance
Continue readingFebruary 2025 Top 100 HECM Lenders Report
The new year begins with the Top-10 Shuffle. Did the year begin with a whimper or a roar? Watch and download this month’s retail lenders report for HECM endorsements recorded in January.
Continue reading3 Home Equity Strategies for Boomers
Here are three strategies house-rich baby boomers may choose to leverage the value of their home.
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 readingWhen everything seems out of control
Chaos, uncertainty, and setbacks are our shared experience. Not every day, but often enough. Remember, when everything seems out of control, it generally is, with two exceptions.
Continue readingRamsey calls a federally-insured loan a ‘Rip-Off’
America’s well-known financial commentator is back at it again. In a recent column in The Street Dave Ramsey claims reverse mortgages are a ‘rip-off’. Here’s where the wheels fall off his argument.
Continue readingColossal Cuts of HUD/FHA Staffing Expected
Shockwaves continue to rattle our nation’s capitol as the Trump 2.0 administration and DOGE bring the proverbial wrecking ball. Now there are rumors of massive layoffs at HUD and FHA. Here’s what the experts anticipate…
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…
Continue reading37 Leads in 3 Months?!
Here’s how one reverse mortgage professional generated 37 leads in three months establishing himself as the local go-to reverse mortgage professional!
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