Download the full report [pdf] The carry-over endorsements from January’s government shutdown have worked themselves through the system. This month’s endorsements show a 65% pull through from November’s HECM case number assignments. This report was compiled from data courtesy of Reverse Market Insight.
Reverse Mortgages & parental down payment assistance [Download transcript] It’s both a demographic and social phenomena. More parents are supporting their adult children, in many instances keeping them financially afloat according to a recent article in The Financial Brand. Many reverse mortgage originators have seen their borrowers use a
Be wary of false narratives Modern philosopher Nassim Taleb has warned of the “narrative fallacy”—the tendency to assemble unrelated events of the past into stories. These stories, however gratifying to create, are inherently misleading. What’s need is a strong sense of objectivity. A difficult task when it comes to
A unique approach to loan risk management [Download transcript] The concept of the reverse mortgage is not merely an American phenomena. China, India, the United Kingdom, and Hong Kong all have their own unique reverse mortgage programs to help their older populations age in place. However, one country has
How today’s top-producers are succeeding Last Friday I sat down with my friend Mike and caught up on his recent fly fishing exploits in Shasta Lake, California. As an experienced fisherman, he related to me how he adjusted his typical techniques due to the rapidly-rising waters in the reservoir after