A recent article in the Wall Street Journal cites concern over the 4% Rule. Traditional withdrawal strategies may no longer work for most in today's market. Reverse Mortgages are mentioned as part of the solution.
If you've lost contact with your past prospects someone else hasn't…your competitors.
Opposing AB2010 (California) If you originate in California you will want to follow this story. The California Senior Legislature has asked for mandatory face to face reverse mortgage counseling. If passed, it would be a substantial change to the way California originators do business in the future. Here is a
One of the greatest challenges today's Boomers face is persuading Mom and Dad that their beloved house could benefit from some simple modifications which will make their home safe as well as comfortable...
Is it new HUD counseling protocols or low appraisals causing record fall-out rates? See what industry leaders have to say.
AARP still calls it a 'loan of last resort'. Will cash-burn by younger borrowers increase future defaults and foreclosures?
[ad#CCCS] Lowering Home Closing Costs Chucking the Extra Closing CostsCleaning. Few of us like to do it, yet we seem more willing to spiff up our houses for others than for ourselves. Housekeeper due to arrive? Quick, toss those dirty clothes in the hamper! In-laws invited for dinner? Polish the
Is it greed that has made fixed rate reverse mortgages nearly 70% of total production? Or is it something else…the needs of the marketplace?