Assumptions. That’s what one could surmise from the Consumer Financial Protection Bureau’s recent report on the use of professional designations in the senior market.
Continue readingApril Top 100 Retail HECM Lenders Report
Survival of the Largest?
Product change and regulation are taking their toll on one business model: the small independent broker or lender. Smaller premium payouts and increased regulatory costs may cause some to consider joining…
Continue reading30 Years Ugly?
Most 24 year olds are considered in the prime of their life but what will they look like in 30 years? The 24 year old federally insured Home Equity Conversion Program created in 1989 is showing wrinkles and signs of premature aging…
Continue readingFund’s Shortfall to Shape Policy
Recently released numbers show a larger shortfall for the HECM portion of the MMI Fund.
Continue readingA Short Term Fix or Long Term Solution?
Does the HECM provide a long term solution or a short term fix to borrowers? That’s the question HUD officials will ponder as the shape the upcoming Financial Assessment
Continue readingMarch Top 100 Retail HECM Lenders Report
See who is at the top of the Reverse Mortgage Industry this month and Download your March Top 100 Retail HECM Lenders Report Here.
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Where Do We Go from Here?
Will we see a substantial reduction in new applicants without the Standard Fixed Rate? We may not. Here’s why…
Continue readingSeniors Do Have Choices to Reduce Risks
Are the risks to reverse mortgage borrowers a result of independent choices or a result of a the loan itself?
Continue readingA Paradigm Shift in Home Equity
A Paradigm Shift in Home Equity has begun. The iconic American dream and home ownership have become so intertwined it is difficult to separate the two.
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