Nationwide reverse mortgage lender loan production for Home Equity Conversion Mortgages (HECMs) endorsed by FHA in the month of October 2023.
Continue readingOctober Top 100 HECM Lenders Report
When high HECM interest rates are a selling point
High HECM interest rates have created their share of challenges but also opportunities…
Continue readingWhy 8% 30-year fixed rates may benefit reverse lending
Today we find both the average HECM expected rate and the traditional 30-year mortgage hovering around eight percent. Here’s why that may be an advantage
Continue readingFHA Commissioner says the agency is fully committed to the HECM program
FHA Commissioner Julia Gordon reaffirmed the agency’s commitment to the HECM program in her keynote address to the National Reverse Mortgage Lenders Association (NRMLA) Annual Meeting in Nashville, Tenn last week.
Continue reading2023 NRMLA Annual Meeting Recap
What happened at NRMLA’s annual meeting in Nashville this week? Here’s a brief recap.
Continue readingThe Hardest Habit
What prevents us from understanding others? One is our natural instinct to do this in a conversation…
Continue readingAll locked up! Homeowners struggle to tap equity
Despite holding trillions of dollars in home equity, U.S. homeowners are struggling to tap into it according to a report published by Point, an alternative equity release company.
Continue readingWhy I reversed my thoughts on reverse mortgages
One Canadian financial commentator recounts her journey from a reverse mortgage skeptic to one who embraced the loan as a viable…
Continue readingWho moved my cheese?!
So who moved our cheese? Often it’s those who regulate our industry. Other times it’s market conditions outside our control. Sometimes we unwittingly move it.
Continue readingYou’ve got a lot to say!
You’ve likely got a lot to say. Why not say it in a blog? Here are the 7 benefits of Blogging for Reverse Mortgage Professionals.
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