By Amara Rose
Aging in place. It’s a relatively new term for a very old concept: remaining in your own home as you grow older. Once upon a time, this wasn’t an issue. Continue reading
Industry Leader Update: Credit downgrade & HECM markets
The US government got a slap of reality when S&P (Standard & Poors) downgraded the nation’s credit rating. How does this effect the secondary (investor) market for HECMs (reverse mortgages)?
Continue readingMarketing to the Mature Home Owner
Reverse mortgage marketing should therefore always be an appeal to independence, never frailty or fear. No one becomes a senior overnight because they celebrate a birthday. That might work for coming-of-age, but after 21, we’re all simply adults. Some just have more life experience.
Continue readingWhat will it cost us? Financial Assessment- Industry Leader Update
[vimeo id=”27312294″ width=”601″ height=”338″]
Reverse Mortgage Industry Update on Financial Assessment.
Friday’s Food for Thought: Anxious or Auspicious?
[vimeo id=”27065749″ width=”601″ height=”338″]
We have much to be anxious about: debt ceiling, HECM lending limits, home values & bank exits. There is much we can focus on negatively but it is imperative that we see the promise and opportunity ahead as this motivates our sales activity and efforts.Continue reading
Friday’s Food for Thought: Working from home?
[vimeo id=”26643421″ width=”601″ height=”338″]
Working from home?
Working from home has it’s unique advantages and challenges. Here are five practical tips you can use to increase efficiency….yes some apply if you work in an office as well.Continue reading
Friday’s Food for Thought: Are you asking the right questions?
[vimeo id=”26483800″ width=”601″ height=”338″]
Why it matters
To get a grasp of the impact of the upcoming Financial Assessment guidelines for reverse mortgage borrowers we must begin asking (if we’re not already) some simple questions. Do you know your borrower’s income, debt payments and assets? Learn why this is imperative to be fully prepared as a professional.
Will possible government shutdown stop RMs? Deadline is near for agreement.
[vimeo id=”26480015″ width=”601″ height=”338″]
Ugly Politics: If debt limit agreement is not reached FHA could be part of government shutdown
Yes. It’s come down to politicians in Washington threatening that seniors social security checks may stop if the debt-limit or ceiling is not raised by congress. Nice. But closer to home comes the possibility that if the limit is not raised by August 2nd, then FHA could cease operationsContinue reading
Stop Payment: When can proceeds be reduced or stopped?
[vimeo id=”25942538″ width=”601″ height=”338″]
Stop Payment:
Can a lender stop or reduce monthly tenure payments to a reverse mortgage borrower? This question was posed to national real estate columnist Lew Sichelman by a 78 year old reader who had got a reverse mortgage three years earlier.Continue reading
News you can use for FREE publicity
Hidden in all this noise is a real opportunity just waiting for you. Capitalize on these breaking news stories by reaching out in your local community and positioning yourself as the calm voice in all this negativity and uproar.
Continue reading