[vimeo id=”29496698″ width=”601″ height=”338″] Loan officer responsibilities and HUD Counseling A quick look at how you can increase your success and build trust with your potential borrowers before and after required HUD Counseling for their reverse mortgage.
[vimeo id=”29168490″ width=”601″ height=”338″] The behind the scenes of the eviction of a 101 year old Detroit woman due to tax & insurance default on reverse mortgage Video grabs from WXYZ television in Detroit. Original Story of eviction here. Updated story of eviction here.
[vimeo id=”28836753″ width=”601″ height=”338″] Does the doctor really know what’s best? What if you went to the doctor and they didn’t know about a life-saving treatment that had been used for 20 plus years and you left becoming worse? That’s similar to the situation many retirees find themselves in when
[vimeo id=”28828489″ width=”601″ height=”338″] During this week of remembrance here are some things to remember that have made the reverse mortgage industry stronger: We’re not selling loans, but changing lives Our industry has improved consumer education, product choices, and costs 4 million plus Baby Boomers will reach retirement age each
[vimeo id=”28432975″ width=”601″ height=”338″] Remaining lenders are seeing something they’ve always wanted… an increase in referral phone calls from non-reverse banks and financial professionals. Many of these referrers had sent their clients to Wells Fargo & Bank of America based on their well known brand and geographic convenience. Today reverse
[vimeo id=”28431641″ width=”601″ height=”338″] We may feel we are on the ropes, but there are some things worth fighting for as reverse mortgage professionals. Our rights as originators: Fairness in regulation (NMLS renewal) To be included in regulatory discussion To be treated as a professional not a predator by lawmakers
[vimeo id=”28175743″ width=”601″ height=”338″] NMLS license renewals may get dicey for reverse originators with challenged credit history If the last few years have taught us anything it’s that mortgage and financial professionals suffered financially with other Americans due to the housing and economic crash. This leaves many qualified reverse originators