What is the 10-year business cycle and where is our industry in it?
Continue readingThe HECM’s 10-year business cycle
10 million seniors burdened with a mortgage
More than 10 million people across the United States aged 65 and older are still paying off their home mortgages, even into retirement years, according to a recent report from Lending Tree
Continue readingThe Top Stories of 2022
These are the top reverse mortgage stories covered on HECMWorld in 2022…
Continue readingLatest industry HECM data may reveal opportunities in 2023
What lessons can we learn from 2022 that may help us grow in 2023?
Continue reading3 trends reverse mortgage pros should watch in 2023
There are three trends reverse mortgage lending professionals will want to watch in the new year…
Continue readingCelink is now HUD’s official HECM loan servicer
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EPISODE #753
Celink is now HUD’s official HECM loan servicer
It’s official: Celink now provides loan servicing for Home Equity Conversion Mortgage (HECM) reverse loans sponsored by the Federal Housing Administration (FHA). RMD fills in the details in this week’s episode.
Other Stories:
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[MarketWatch] A hot market cools way down
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[RMD] Behind the scenes on FAR’s acquisition of AAG’s direct sales channel
A day of reckoning is coming!
Older Americans will soon face a financial day of reckoning. Here’s why…
Continue readingMortgage bonds are cheap but no one is buying
A summary of Reverse Mortgage Daily’s investigation into the causes that contributed to the collapse of Reverse Mortgage Funding
Continue readingWhat comes next for reverse lending in 2023?
Three factors will shape 2023 reverse mortgage production…
Continue readingHECM Limit Increased!
One of the nation’s largest reverse mortgage lenders filed for Chapter 11 Bankruptcy last week
Continue reading