Featured Archives - Page 223 of 243

Walking away? Loan Fall Out

[ad#Independence Housing Group]

[vimeo id=”50328661″ width=”625″ height=”352″]

Are potential reverse mortgage borrowers and applicants walking away from the loan or is it that they just don’t qualify? The question stems from a recent report from IBIS software which is tracking the number of HECM borrowers who receive counseling that actually end up with a closed loan. A first HECM counseling protocols were suspected by some as to why so many never closed a loan. But is that really what is happening? Other factors must be examined such as appraisal values, property conditions or just cold feet. Our video segment examines the numbers and possible causes and also reason to be optimistic in the future.

Making a better connection

Build a better connection. Since we are in the relationship business I thought it appropriate to discuss how we can build stronger relationships. Ironically the quality of those we meet increases with the quantity or number of those we meet. Yes. The more prospects we have it seems…

coaching reverse mortgage sales training

Getting the most out of conventions

The NRMLA is holding its Annual Meeting & Expo in San Antonio, Texas October 15-17th. What may be less apparent is how to best utilize the occasion so you get the most out of the convention — without wasting time or burning the proverbial candle at both ends…

Turning the ship around

Certainly the reverse mortgage industry has garnered more legitimacy as a financial planning tool amongst financial professionals but we still have a long way to go. But what about those who don’t see the legitimacy or value? How do we turn the proverbial ship around? As our sales force becomes more educated…

financial professionals Reverse Mortgage Business reverse mortgage sales training

20 Inspirational Quotes

We need it as reverse mortgage professionals. Inspiration. Here are 20 amazing quotes from Sir Winston Churchill who inspired a generation faced with adversity and uncertainty enduring to final victory.

motivation Quotes Reverse Mortgage Business reverse mortgage professionals reverse mortgage sales training Winston Churchill

Scare Tactics

Many seniors are becoming wise to telephone scams telling them they’ve just won a sweepstakes, they probably feel they can trust what they read in Time magazine, or what an elder abuse attorney shares in a letter. Both recent scenarios entail gross misrepresentation of the reverse mortgage industry — and mislead seniors by what should be trustworthy sources of information

Aging consumer myths Reverse Mortgage Scams

Not Confused But Informed

Would a senior make perhaps the biggest financial decision of their life, with their largest asset in the midst of confusion and uncertainty and choose to take a reverse mortgage? Most likely not. But that was the impression the Consumer Financial Protection Bureau included in their required report to…

CFPB Consumer Financial Protection Bureau reverse mortgage borrowers

Are you offended?

I can guarantee it will happen…you will be offended. Why? We are in the people business. It comes with the territory being a reverse mortgage professional. A borrower unhappy with a low appraisal or property condition, you upset with a loan condition, prospects who hang up or…

productivity Reverse Mortgage Business reverse mortgage professionals

Consumers Union to CFPB: Only as a “Last Resort”

Two consumer groups are urging the CFPB to make drastic changes to the revere mortgage program. Chief among them is a suitability standard and fiduciary duty. In the words of the Consumers Union they recommend that a reverse mortgage be a loan of last resort when there is no other viable option and…

CFPB Consumer Financial Protection Bureau Consumers Union regulation

How to get the most out of a conference

Whether you plan to attend NRMLA’s Annual Meeting in San Antonio or not here are some great tips to get the most out of any professional gathering, event or conference in the future. A great way to plan ahead.

NRMLA productivity training

Walking away? Loan Fall Out

Making a better connection

Getting the most out of conventions

Turning the ship around

20 Inspirational Quotes

Scare Tactics

Not Confused But Informed

Are you offended?

Consumers Union to CFPB: Only as a “Last Resort”

How to get the most out of a conference

Sign up for our newsletters

About

Company

Connect

Follow Us

Subscribe to join our World