“What?” you may be saying. Really? This last year has been one of the most challenging in recorded history for our industry. True enough. But yet there are ten reasons we can smile in 2010.
2011 Reverse Mortgage Industry What does the year 2011 hold for the reverse mortgage industry? Watch the video for more on housing prices, mortgage percentages, and 2011 projections. [vimeo id=”17035441″ width=”601″ height=”338″]
NRMLA Annual Meeting in New Orleans At the NRMLA Annual Meeting in New Orleans it was eye-opening to say the least just how important the HECM Saver is to the entire reverse mortgage industry. Watch the video below… [vimeo id=”16780307″ width=”601″ height=”338″]
Community One a public service division of Security One Lending Corp. based in San Diego, CA, in cooperation with Project 195 Wetlands Restoration, Reverse Mortgage Daily, Generation Mortgage and several other lenders joined forces to volunteer and clean up a local wetland area and park. It was incredibly wet, hard
Reverse Mortgage Disclosures Fannie Mae is suspending acceptance of all new HECM deliveries, and The Federal Reserve is making proposed reverse mortgage disclosures. Watch the video and see what you think. [vimeo id=”16182137″ width=”601″ height=”338″]
The Federal Reserve has passed an interim rule (read more here) that effectively eliminates the controversial HVCC (Home Valuation Code of Conduct). Many originators and industry professionals agree that appraisal independence is needed but not on how to achieve that end. Without the HVCC will much really change? What are
The HECM Saver and continued low interest rates along with the lower PLF (Principal Limit Factor) floor of 4.99% have presented some opportunities for the coming year. The question is "what is your plan" for the coming year?
This week focuses on NRMLA’s recent advisory issued on ethical advertising. See some of the most obvious examples of “bad” advertising here (quite interesting) and the new guidelines. Weekly video recap updating professionals on industry changes in the reverse mortgage marketplace. [vimeo id=”15965803″ width=”601″ height=”338″]