Stretching words? AARP Lawsuit
[vimeo id=”24970406″ width=”601″ height=”338″] How far will the AARP lawsuit stretch the definition of homeowner? Watch the video for Reverse Mortgage News and Commentary regarding the AARP lawsuit.
Industry Leader Update
Will lending limits be reduced?
This week we focus on the real possibility of FHA reducing HECM lending limits for next year, the dangers of a reverse mortgage preventing Medicaid eligibility and our industry's recent sales figures.
GFE & TIL to be combined into one disclosure
[vimeo id=”24023980″ width=”601″ height=”338″] Seniors Staying In Their Homes More seniors are staying in their homes due to the economy. Also, the Consumer Protection Bereau releases a combination of GFE and Truth and Lightning Disclosures. See the new disclosures at the links below:New Disclosures
Let lenders pay for HUD counseling?
[vimeo id=”23738513″ width=”601″ height=”338″] Op-ed calls for lenders to pay for HUD counseling with recent budget cuts.
Counseling cuts: Will it scale back new protocols?
[vimeo id=”23391577″ width=”601″ height=”338″]
Suze Orman: RM better than selling stocks…
[vimeo id=”23128256″ width=”601″ height=”338″] Note: Suze’s comments on utilizing a reverse mortgage rather than selling stocks was made in late 2008 during the first wave of the financial crisis which impacted the equities markets.
Congress to HUD: Fix non-recourse problem
[vimeo id=”22467512″ width=”601″ height=”338″] What do you think HUD will do about it’s non-recourse problem?online surveys
