One Reverse Mortgage announces departure from reverse mortgage lending The news of One Reverse Mortgage’s exit from reverse mortgage lending was unexpected news for industry participants. The directive to cease reverse mortgage operations came from the lender’s parent company Quicken Loans. One Reverse Mortgage ranked in the top 10
Identifying homeowner types is the first step to strategic planning and business growth When it comes to retired homeowners there are movers and then there are remainers to borrow a BREXIT term. What are the impacts of older homeowners’ home buying and relocation habits in qualifying for a reverse
Are repeated HECM changes and stricter guidelines preventing substantial growth in HECM endorsements? Despite increasing housing wealth, a growing senior population, and increasing financial need few older homeowners are taking a reverse mortgage. An examination of potential roadblocks and how to overcome them.
An examination of the economic and market forces that will shape federally-insured reverse mortgage lending in 2020. It’s been said that more people are alive today than have died throughout history. It appears the opposite of that is true when it comes to federally-insured reverse mortgages. Since 2016 the