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Industry Leader Update Feb 7, 2011 from Shannon Hicks on Vimeo.
FAT? Financial Assessment coming soon for RMs
Unthinkable
Never thought it would happen? It appears FHA will be releasing a new rule requiring some basic credit underwriting guidelines for future reverse mortgage borrowers.
Continue readingExit Wounds:
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Interest rates climbing
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Friday’s Food for Thought…
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Survivors are thriving
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Extreme Measures: Industry Leader Update
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Reverse Mortgage Lenders And The HECM Saver
In this week’s reverse mortage industry leader update, one major reverse mortage lender has already made the HECM Saver a substantial part of their business. Also, a US Senator proposes a bill that would completely defund and eliminate HUD. Watch the video for more.
Our Viewers Speak Out…
Industry Leader Update Jan 24, 2011
Continue reading20,000 or 100,000 reverse mortgages in technical default?
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Reverse Mortgage Delinquency Crisis
Are borrowers spending their reverse mortgage funds unwisely? Is it the woman or the man who tends to spend the funds more quickly? Watch this week’s video for more.
“Necessary evil”
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Tax And Insurance Default
The topic of Tax And Insurance Default is a hotly debated issue in the Reverse Mortgage Industry, but recently HUD issued a guidance letter that gives some direction to reverse mortgage lenders.
