Barrons reports some advisors are touting a different approach to help retirees meet future cash needs: a reverse mortgage line of credit.
Continue readingBarrons: A RM May Be Good for Those Short of Cash
The Mandela Effect-In Reverse
What is the ‘Mandela Effect’ and what’s its role in reverse mortgage lending?
Continue reading5 Ways Retirees Can Prepare for a Recession…in Reverse
If there’s one thing that can upend retirement plans it’s a recession. Here are 5 ways retirees can prepare.
Continue readingWhat is a HECM Debt Consolidation?
One of the common objections to a HECM is the cost. This week we examine when upfront costs are an issue, why, and how to build value that eclipses such concerns.
Continue readingWhat’s the Plan for Lower Interest Rates?
Wall Street isn’t the only entity anticipating interest rate cuts. Here’s what some industry leaders have to say about the potential for HECM originations.
Continue readingWhat’s Justified Isn’t Always Just
What’s justified isn’t always just. There are many times when you may be justified to respond or act in a certain way. And you are. But is it the just choice?
Continue readingWhen Short-to-Close Isn’t a Deal-Killer
Short-to-close loans are more common thanks to higher interest rates. But a homeowner being required to come in with cash at closing shouldn’t always be a deal-killer. Here’s why and what some originators are doing to convert these deals into closed loans.
Continue readingAugust 2024 Top 100 HECM Lenders Report
Here is the latest endorsement data for endorsements recorded in August.
Continue readingPrice is a Question in the Absence of Value
One of the common objections to a HECM is the cost. This week we examine when upfront costs are an issue, why, and how to build value that eclipses such concerns.
Continue readingInheriting a House Is More Expensive Than People Think
When you encounter homeowners who plan on leaving their home to their children you may want to refer to the points made in a recent Lifehacker column.
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