Opportunity or omen? Wells Fargo exit from reverse mortgage sends shockwaves across the industry. Just what does it mean and what was Wells historic role in establishing reverse mortgages?
Continue reading
[vimeo id=”24970406″ width=”601″ height=”338″]
How far will the AARP lawsuit stretch the definition of homeowner? Watch the video for Reverse Mortgage News and Commentary regarding the AARP lawsuit.
This week we focus on the real possibility of FHA reducing HECM lending limits for next year, the dangers of a reverse mortgage preventing Medicaid eligibility and our industry’s recent sales figures.
Continue reading
[vimeo id=”24023980″ width=”601″ height=”338″]
More seniors are staying in their homes due to the economy. Also, the Consumer Protection Bereau releases a combination of GFE and Truth and Lightning Disclosures.
See the new disclosures at the links below:
New Disclosures
[vimeo id=”23738513″ width=”601″ height=”338″]
Op-ed calls for lenders to pay for HUD counseling with recent budget cuts.
[vimeo id=”23391577″ width=”601″ height=”338″]
[vimeo id=”23128256″ width=”601″ height=”338″]
[vimeo id=”22756276″ width=”601″ height=”338″]
[vimeo id=”22467512″ width=”601″ height=”338″]
[vimeo id=”22132025″ width=”601″ height=”338″]
