While Australia has one of the most robust government pension programs in the world many Australians are unprepared for retirement not unlike older homeowners in the U.S.
Continue readingAustralians Told to Monetize Their Home for Retirement
A New CFPB Rule Would Increase Foreclosure Protections
A proposed CFPB rule would provide homeowners with increased foreclosure protections.
Continue readingUnlocking Hidden Retirement Cash
Innovation continues despite an uncertain housing and real estate market. One such product could be seen as a reverse mortgage in your pocket
Continue readingGinnie Mae’s New HECM Security to Ease Liquidity Strains
Innovation continues despite an uncertain housing and real estate market. One such product could be seen as a reverse mortgage in your pocket
Continue readingJune 2024 Top 100 HECM Lenders Report
Here is the latest endorsement data for endorsements recorded in June as well as the latest FHA HECM application case numbers.
Continue readingCondo Rules Quash Reverse Mortgage
Florida’s 2022 legislation for condominium maintenance and strict condo rules are quashing reverse mortgages.
Continue readingThe CFPB Bans Former HUD HECM Servicer
Last week the Consumer Financial Protection Bureau (CFPB) issued a consent order against former HECM servicer Novad Management and Sutherland Global seeking millions in civil and monetary damages
Continue readingA Revolution in HECM Calculators
Lenderful Solutions has revolutionized the typical HECM calculator with its Point-of-Sale consumer interface. We interview Paul Lehnert to learn more about this powerful sales tool.
Continue readingUS Senator says Flood Ins. rate hikes endanger reverse mortgage borrowers
One U.S. Senator calls for reform saying flood insurance premium hikes endanger some reverse mortgage borrowers.
Continue readingMay 2024 Top 100 HECM Lenders Report
Here is the latest endorsement data for endorsements recorded in May as well as the latest FHA HECM application case numbers.
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