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.
Continue readingSurvivors Club & MetLife Exit
Insecurity & opportunity remain after MetLife’s departure. The Survivors Club remains. What is the secret to staying focused and being positioned to thrive in an uncertain market?
Continue readingMetlife Exits Reverse Mortgages
In the wake of the aftershocks of the two largest reverse mortgage lenders leaving MetLife announced last Thursday they are leaving reverse mortgage lending. A look at the potential causes and more importantly the impact on our industry.
Continue readingStarting your own mastermind group.
If you work from a home office or find yourself with few reverse mortgage colleagues starting your own mastermind group can be a key resource for marketing and business planning.
Continue readingIs 62 too young for a reverse mortgage?
People’s behavior makes sense if you think about it in terms of their goals, needs, and motives. That’s the case when it comes to the trend toward younger reverse mortgage borrowers. But senior advocates and others see it differently…
Continue readingGetting better all the time.
Wouldn’t it be great to improve every day? Taking these specific steps will help you begin to make the changes you want.
Continue readingBank Exits & Market Recovery
Industry volume is down 27% in the wake of big bank exits. How can we regain marketshare and where do opportunities lie? How do we rebuild trusted brands and lost distribution networks?
Continue readingThe Law of Expectation
Happy Friday the 13th. Do we attract certain situations, sales outcomes or people? Learn more about the Law of Attraction in this week’s installment.
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