Timely repairs paid at closing allowing you to close more loans
FHA eliminated the Standard Fixed Rate HECM. So what loan are borrowers overwhelmingly choosing? A look at borrower behavior and motivations.
Continue readingCriticism. Rather than avoiding it how can we embrace it for both personal and professional growth?
Continue readingThe reverse mortgage industry has the opportunity to return to basics. The opportunity to more toward a more traditional product mix of adjustable products with lines of credit or tenure payment…
Continue readingHere we sit at our desk on Friday and may find ourselves wondering ‘ how am I going to get this all done?’ Don’t worry you’re not alone. That’s a question that often enters my mind. Want to feel good about the weekend before you leave the office today? Do you want to milk every ounce of efficiency from your time at the office? If your answer is yes here are seven ways to work better.
Continue readingIt’s a bleak outlook for today’s retiree but there is a silver lining…the reverse mortgage. It may be a solution for retirees without a pension…
Continue readingAssumptions. 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 readingWe’ve been encouraged since childhood to make our own path, and not worry about what others are doing…basically don’t be a copy cat. But there are times when mimicking the actions of another is a good thing.
Continue readingProduct 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 readingAs loan professionals we often find ourselves not competing just on fees, pricing and interest rates but on service. All things being equal to your prospective borrower it’s not only the promises you make, but keep that can determine if you get the loan or lose it to your competition.
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