Appraisal bias rule gets pushback
Industry critics are saying the new appraisal bias rule requires increased transparency from federal regulators
Podcast
A Reverse Mortgage or Life Settlement?
Reverse mortgages and Life Settlements. Both tap into the value of an asset- reverse mortgages and life settlements. However only one requires the owner to sell or relinquish ownership...
Deadline extended for feedback on HECM Handbook
New York State's eviction moratorium, first enacted in 2020, is set to expire next month. Here's what homeowners can expect in the coming month...
Mortgage Relief for California HECM Borrowers
Unable to use the embedded player? Listen here. EPISODE #702 California’s new mortgage relief bill may provide relief to reverse mortgage borrowers. Governor Gavin Newsom today announced that California’s plan to provide $1 billion in mortgage relief grants to tens of thousands of homeowners who have fallen behind on housing payments
RMs can bring a whole new approach to estate planning
Unable to use the embedded player? Listen here. EPISODE #701 Canada’s Home Equity Bank exec says reverse mortgages can bring a whole new approach to estate planning “I think that there’s an opportunity for reverse mortgages to put the whole landscape of estate planning on its ear”, said Andrew Cairns, National
Why do so many seniors still have a mortgage?
A number crunch by credit reporting agency Centrix brought up a truly remarkable statistic. They found 8 percent of people in the Silent Generation aged 76 or over still had mortgages.
Reverse Mortgages: Easy ‘Income’ For Affluent Retirees
Reverse mortgages can provide an essential risk management tool for millions of retirees, especially the affluent homeowner.
Suze Orman says don’t take a reverse mortgage in your 60s
Suze Orman says not to get a reverse mortgage in your 60s. Is that truly the best advice?
