Last week over 350 reverse mortgage pros attended NRMLA’s Annual Meeting, Here are 7 ways to get the most from this meeting or any conference…
Continue reading7 Ways to Maximize Post-Conference Gains
Boomer Struggles After Retiring to Care for Ailing Wife
The National Reverse Mortgage Lenders Association Annual Meeting & Expo last week was notable for many reasons- most remarkable was the announcement of a major change in the association’s management and leadership.
Continue readingPreparing HECM Non-Borrowing Spouses
Even if you’re only closing an occasional HECM loan with a spouse younger than 62, you should must let potential HECM non-borrowing spouses know of these risks.
Continue readingHere’s Where Home Equity is Rising & Falling
Barrons reports some advisors are touting a different approach to help retirees meet future cash needs: a reverse mortgage line of credit.
Continue readingPeople Are Living the Numbers
Guest columnist Jesse Q. Allen shows how the retirement crisis isn’t just a bunch of numbers. People are living the numbers. The math of today’s retirement crisis.
Continue readingBarrons: A RM May Be Good for Those Short of Cash
Barrons reports some advisors are touting a different approach to help retirees meet future cash needs: a reverse mortgage line of credit.
Continue reading5 Ways Retirees Can Prepare for a Recession…in Reverse
If there’s one thing that can upend retirement plans it’s a recession. Here are 5 ways retirees can prepare.
Continue readingWhat’s the Plan for Lower Interest Rates?
Wall Street isn’t the only entity anticipating interest rate cuts. Here’s what some industry leaders have to say about the potential for HECM originations.
Continue readingWhen Short-to-Close Isn’t a Deal-Killer
Short-to-close loans are more common thanks to higher interest rates. But a homeowner being required to come in with cash at closing shouldn’t always be a deal-killer. Here’s why and what some originators are doing to convert these deals into closed loans.
Continue readingAugust 2024 Top 100 HECM Lenders Report
Here is the latest endorsement data for endorsements recorded in August.
Continue reading