The top 10 lenders are beginning to see big changes while MetLife’s endorsements will keep them in the mix for months to come. Who is moving and where in the month’s report.
Continue readingMay 2012 Top 100 HECM Lenders
Window Shoppers: TV & Online Reverse Ads
Some are now saying “online reverse advertising will eventually replace television” Lenders are now focusing their efforts on the web. It seems odd considering that reverse mortgages were relatively unknown until the Robert Wagner ads
Continue readingFinancial advisor speaks about reverse mortgages
Financial advisors are just beginning to embrace the reverse mortgage. See what one advisor has to say. We interviewed Cliff Maas at the NRMLA meeting in Irvine California.
Continue readingThe new landscape of reverse lending
Much like an earthquake can change the overall landscape creating new shorelines, ridges and hills the exit of Metlife will most certainly change the mix of reverse mortgage products. The products most likely to see a reduction are…
Continue readingStalwart: The reverse remains
Since it’s creation in 1989 our product has withstood multiple recessions, boom and bust real estate markets, five presidents and stock market crashes. Consumers and their confidence in the HECM and the lenders that serve them.
Continue readingApril Top 100 HECM Retail Lenders Report
Metlife Exits Reverse Mortgages
In the wake of the aftershocks of the two largest reverse mortgage lenders leaving MetLife announced last Thursday they are leaving reverse mortgage lending. A look at the potential causes and more importantly the impact on our industry.
Continue readingIs 62 too young for a reverse mortgage?
People’s behavior makes sense if you think about it in terms of their goals, needs, and motives. That’s the case when it comes to the trend toward younger reverse mortgage borrowers. But senior advocates and others see it differently…
Continue readingBank Exits & Market Recovery
Industry volume is down 27% in the wake of big bank exits. How can we regain marketshare and where do opportunities lie? How do we rebuild trusted brands and lost distribution networks?
Continue readingThe Last Safe Haven?
Is a reverse mortgage in fact the last safe haven for future retirees? If so why are we not seeing record production? A look at the current state of soon to be retirees, home values and more.
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