Are we headed for a major market crash? Are there things to consider like reverse mortgages to help weather eroding market conditions? Several experts weigh in with their advice…
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Part 2 of our exclusive interview with Dan Hultquist examines the impacts of public perception, policy, and property values on the HECM program.
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The Consumer Financial Protection Bureau (Bureau or CFPB) is seeking comment from the public about (1) ways to facilitate mortgage refinances for consumers who would benefit from refinancing, especially consumers with smaller loan balances; and (2) ways to reduce risks for consumers who experience disruptions in their financial situation that could interfere with their ability to remain current on their mortgage payments. The press release refers to this solicitation as a Request for Information (RFI).
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Don’t Be Complacent During The “Critical Retirement Decision” Zone
Hurricane Ian traumatized Floridians. It also erased their nest egg
Dan Hultquist shares the 6 Ps that impact the overall health of the reverse mortgage industry…Part 1/2
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[Fortune] “Moody’s Analytics expects that U.S. home price decline to widen to between 25% to 30% in 210 “significantly overvalued” housing markets.
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Homebuilder sell-off to impact neighborhood home values
A closer look at September’s HECM Endorsement data
These are the consequences retirees now face in the midst of a manufactured recession…
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[Kiplinger] “Anyone newly retired or nearly so must feel like they have the worst timing in the world. A portfolio tends to be largest near retirement, just before those savings are about to be drawn down.”
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Why now is the time to revisit your 2019-20 prospects and why many of them may qualify despite higher interest rates…
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While inflation has brought pain to American’s pocketbooks here’s where there’s potential for both homeowners and originators alike…
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In a recent Mortgage Orb column, Michael Whiting addresses the importance of paying property charges on a reverse mortgage and how they can be kept current.
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