In the wake of the aftershocks of the two largest reverse mortgage lenders leaving MetLife announced last Thursday they are leaving reverse mortgage lending. A look at the potential causes and more importantly the impact on our industry.
People's behavior makes sense if you think about it in terms of their goals, needs, and motives. That's the case when it comes to the trend toward younger reverse mortgage borrowers. But senior advocates and others see it differently...
Industry volume is down 27% in the wake of big bank exits. How can we regain marketshare and where do opportunities lie? How do we rebuild trusted brands and lost distribution networks?
Is a reverse mortgage in fact the last safe haven for future retirees? If so why are we not seeing record production? A look at the current state of soon to be retirees, home values and more.
If you bet your life that's a big wager. This is exactly what many retirees are doing today by delaying Social Security payments or getting a reverse mortgage. It comes down to...
Don't burn bridges. The HECM is a bridge over the troubled waters of retirement. What must we do to insure it remains a reachable option for future retirees?
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.
Is it new HUD counseling protocols or low appraisals causing record fall-out rates? See what industry leaders have to say.