HECM Limit Increased!
One of the nation's largest reverse mortgage lenders filed for Chapter 11 Bankruptcy last week
Podcast
RMI’s Market Minute- What a ride!
Jack Guttentag writes in Forbes, "About 60% of the homeowners reaching 62 today have outstanding mortgage balances, and most of them have limited financial assets"
Housing Market Predictions For The Next 5 Years
What will the housing market look like in the coming five years? Forbes asked experts for their predictions and here's what they had to say...
Is liquidating an IRA better than a reverse mortgage?
a Unable to use the embedded player? Listen here. EPISODE #748 Should I plan to liquidate my IRA and get a reverse mortgage? [NewJersey-com ] One reader asks a local financial columnist if it’s better to liquidate her IRA as her own private reverse mortgage. The implications are stark… Other
Reverse mortgages a saving grace for non-bank originators
a Unable to use the embedded player? Listen here. EPISODE #747 Lenders who diversify product offerings more likely to survive market fallout & lender consolidation [Housing Wire] Up to 30% of the 1,000 largest independent mortgage banks are projected to disappear by the end of 2023 via sales, mergers, or
What happened to September HECM Endorsements?
a Unable to use the embedded player? Listen here. EPISODE #746 AAG cuts workforce- Finance of America to close forward division A rapidly-changing market has led two of our industry’s largest lenders to make big changes. One reduces its reverse mortgage workforce, another will close its traditional/forward division and focus
Experts: what homeowners should do in a softening market
Are we headed for a major market crash? Are there things to consider like reverse mortgages to help weather eroding market conditions? Several experts weigh in with their advice...
Hurricane Ian traumatized Floridians & their home nestegg
a Unable to use the embedded player? Listen here. EPISODE #744 The CFPB wants to hear from you The Consumer Financial Protection Bureau (Bureau or CFPB) is seeking comment from the public about (1) ways to facilitate mortgage refinances for consumers who would benefit from refinancing, especially consumers with smaller
