HUD Reverse Mortgage Counseling Financial Interview Tool Benefits Part 1 (Your thoughts before…) This week (September 11th) begins the implementation of the Financial Interview Tool & Benefits Check Up (BCU) as part of HUD counseling for all reverse mortgage applicants. Please give us your thoughts (positive or negative) on this
The following commentary is by James E. Veale | CPA, MBT Advice About Reverse Mortgages The more I read and hear so called financial advisors presenting the use of reverse mortgages, the more troubling it becomes. For example, one California reverse mortgage broker who allegedly provides retirement advice has issued
Effective 9/11/2010, HUD will begin implementing the use of the Financial Interview Tool (FIT) and Benefits Check Up (BCU) as part of the new counseling protocol for reverse mortgages. Learn why you must prepare yourself and your clients with the free online training session. Register today here.
Need Reverse Mortgage Leads? Calling all reverse mortgage originators! What are your best insights into getting and converting reverse mortgage leads? The goal of Reverse Mortgage Leads Central is to provide the best-of-best practices for building your reverse mortgage business, so we thought we’d start this week by reaching out
Reverse Mortgage Leads Reverse mortgage leads acquisition costs have skyrocketed. Just how do you manage and reduce your lead cost per funded loan?
Tell the woman who can no longer obtain a reverse mortgage because the program benefit cuts prevent her from getting rid of her conventional mortgage (she never could afford)-that Washington supports the program; Tell the man who desperately needs the reverse mortgage and yet was turned down because underwriting guidelines
We've suffered an onslaught of ignorant, misinformed and adversarial articles in the media from so-called "experts" and "journalists"...