The Yakima Herald-Republic reports that 31% of Americans 60 and older say they have more debt than they can manage…
Continue readingManaging debt in retirement
May Top 100 HECM Lenders Report
How many HECM loans did retail lenders have endorsed in May? We have the answer here…
Continue readingDon’t blame the HECM sandwich!
Dan Hultquist explains why lawmakers, the media, and others should stop blaming the HECM ‘sandwich’.
Continue readingWhy my father got a reverse mortgage
Reverse mortgage originator George Broutis recounts what led his father to get a reverse mortgage.
Continue readingBoomers and the refi boom reckoning
With housing inventories already strained half of homeowners with a mortgage in America report they have little or no financial incentive to sell their home…
Continue readingReviving The HECM Saver Program
This week we bring you a guest column on why the HECM Saver should be revived. First…
Continue readingKicking & Screaming
A Bear market and inflation may force retirees to tap into other assets
Continue readingSurvey shows home equity loan intent
Accurate Group surveyed over 1,000 consumers across the nation in the first quarter of 2023 to capture their intentions on how they plan to leverage or tap into their home equity.
Continue readingWhy reduce the HECM’s upfront FHA insurance premium?
HECM loans have only gained 2% of eligible borrowers. How would the reduction of the upfront FHA insurance spur growth and revenues?
Continue readingMBA subsidiary starts reverse mortgage working group
A subsidiary of the Mortgage Bankers Association has started a reverse mortgage working group…
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