There has been much discussion as to why reverse mortgage volumes are at historic lows.Will reverse mortgage volume slowly rise again like the mythical Phoenix from its ashes? A look at current home price trends and our future.
Continue readingNational RM Attorney speaks to future regulation & CFPB
What’s the future look like for reverse mortgage legislation? No better person to ask than Jim Milano, General Counsel to NRMLA and mortgage lender attorney. We discuss the CFPB, disclosures, LO compensation and more.
Continue readingWhen positive thinking doesn’t work
The movie “Yes Man” shows the power of positive thinking, but positive thinking in itself is not enough. Here are four ways to step out beyond into real results.
Continue readingWindow 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 readingLearned pessimism or stubborn optimism?
The trick is not so much achieving your goals…I know that sounds strange, but learning to overcome defeat. That holds more value than achieving the goal itself.
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 readingUnderstanding the times
Have you felt a bit overwhelmed with all of the changes in our industry recently? It reminds me of quote ” The only thing constant in life is change.”
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 readingThe paralysis of analysis
While our full time jobs relate to reverse mortgage lending, origination, management, etc, we may have fallen into a very undesirable part-time job: Analysist. We all suffer from an over abundance of news and information, not to say we don’t need it,
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.
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