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The topic of Tax And Insurance Default is a hotly debated issue in the Reverse Mortgage Industry, but recently HUD issued a guidance letter that gives some direction to reverse mortgage lenders.
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According to K Shiller, which measures housing prices across the United States with the K Shiller Index, 18 out of 20 metropolitan areas showing a decline in housing prices. Watch the video for more.
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Normally reverse mortgage borrowers wouldn’t consider a reverse mortgage if they expected to stay in their home for a short time due to fear of the up front costs, but the HECM Saver is changing that story. Watch the video for more…
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J.G. Wentworth is looking for a licensed mortgage broker or lender to build a nationwide retail operation that offers reverse mortgages.
Visit ReverseMortgageDaily.com for the full story on the Consumer’s Union report.
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This month there was a market increase in reverse mortgage production. We’re still down from last year, but we are beginning to see signs of recovery.
What does the year 2011 hold for the reverse mortgage industry? Watch the video for more on housing prices, mortgage percentages, and 2011 projections.
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At the NRMLA Annual Meeting in New Orleans it was eye-opening to say the least just how important the HECM Saver is to the entire reverse mortgage industry.
Watch the video below…
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Fannie Mae is suspending acceptance of all new HECM deliveries, and The Federal Reserve is making proposed reverse mortgage disclosures. Watch the video and see what you think.
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This week focuses on NRMLA’s recent advisory issued on ethical advertising. See some of the most obvious examples of “bad” advertising here (quite interesting) and the new guidelines.
Weekly video recap updating professionals on industry changes in the reverse mortgage marketplace.
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Weekly video recap updating professionals on industry changes in the reverse mortgage marketplace. Return here each Friday for new videos.
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New Change In The Floor
This week was a game changer in the reverse mortgage industry when HUD announced a new change in the floor. Watch the video for more.
