Download your November Top 100 Retail HECM Lenders Report Here.
This report was compiled from data courtesy of Reverse Market Insight.
Download your November Top 100 Retail HECM Lenders Report Here.
This report was compiled from data courtesy of Reverse Market Insight.
A viable social impact bond for aging in place needs the right metrics and benchmarks, such as doctor visits and a quality of life index, in order to gauge its success. As six people a minute turn 60, it’s an idea whose time is now. We’re ripe for a new story about how to age at home more effectively.
Continue readingWith the recent release of HUD’s Financial Assessment guidelines our focus was primarily centered on the new requirements future borrowers will have to walk through to qualify for a federally-insured reverse mortgage or Home Equity Conversion Mortgage…
Continue readingFear. At some point in your career it will raise it’s ugly head. We should not judge ourselves for having fear but rather by what we do with it.
Continue readingWhat happens when you’ve saved and planned for retirement — and then the rug beneath your feet morphs into a magic carpet of debt and disintegrates?
Continue readingThe long anticipated, or dreaded depending on your viewpoint, Financial Assessment was announced last week by HUD at the annual National Reverse Mortgage Lenders Association conference in Florida. The new guidelines will go into effect March 2nd, 2015…
Continue readingWith increasing regulation, product restrictions and the newly-released financial assessment we may ask ‘what do we have left to sell?’.
Continue readingDo any of your reverse mortgage clients or prospects still work, not necessarily because they need the money but to continue to contribute their skills and wisdom to the world? If some of your senior contacts are experiencing low spirits, perhaps a part-time dream job could be the cure.
Continue readingHELOCs have begun to resurge in the mortgage market as home values have nearly recovered from their pre-crash values and today’s artificially low interest rates. While banks make these loans attractive to the average consumer what is often overlooked or not expressly pointed out are the risks and limitations.
Continue readingWith more reverse mortgage origination and sales being done over the phone or the extensive followup and communication required to close any loan it makes sense for us to evaluate our phone skills…
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