Last week the Consumer Financial Protection Bureau (CFPB) issued a consent order against former HECM servicer Novad Management and Sutherland Global seeking millions in civil and monetary damages
Continue readingDon’t Just Trust Your Gut- Do This Instead
You’ve heard the saying, “Just trust your gut”. The problem is our snap judgments are often wrong. Try this instead.
Continue readingHas the Housing Crash Been Canceled?
Has the housing market crash been canceled? That is the question many real estate and mortgage professionals are asking after a year of housing crash predictions have failed to materialize- at least nationwide
Continue readingA Revolution in HECM Calculators
Lenderful Solutions has revolutionized the typical HECM calculator with its Point-of-Sale consumer interface. We interview Paul Lehnert to learn more about this powerful sales tool.
Continue readingDecision Fatigue & 7 Ways to Beat It
If you feel like your constantly making decisions and can’t make another you may have decision fatigue. Here are seven ways to prevent it…
Continue readingHow Asset Blindness Hurts Older Homeowners
Asset blindness is reducing older Americans’ quality of life and standard of living. For some it means working into perpetuity- for others, it’s retiring with a lower standard of living than they had in their working years.
Continue readingUS Senator says Flood Ins. rate hikes endanger reverse mortgage borrowers
One U.S. Senator calls for reform saying flood insurance premium hikes endanger some reverse mortgage borrowers.
Continue readingThis says everything about you.
This tells everyone who you really are and determines how you’ll be remembered.
Continue readingMay 2024 Top 100 HECM Lenders Report
Here is the latest endorsement data for endorsements recorded in May as well as the latest FHA HECM application case numbers.
Continue readingThe Inheritance Illusion
The expectations of older homeowners when willing their home to their children is often an illusion.
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