Does Mutual of Omaha's purchase of Synergy One Lending signal the return of big banks to reverse mortgage lending?
Beyond generational lending: Bank and lender partnerships On it’s face the reluctance of mortgage lenders to offer reverse mortgages could be seen as a setback. Recent survey results from the Stratmor Group’s sampling of 120 traditional mortgage lenders reveal only 35% currently offer the HECM. The number one reason given
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.
UPDATE: Here’s a link to another article on NMLS licensing & the SAFE Act by Richard Booth. [ad#Independence Housing Group] [vimeo id=”33425593″ width=”625″ height=”352″] Consumer Financial Protection Bureau Regulations Shouldn’t we all play by the same rules? The Consumer Financial Protection Bureau (CFPB) says all mortgage originators should play by
[vimeo id=”32327877″ width=”601″ height=”338″] The Future Of The Reverse Mortgage Industry Will our industry disappear due to economic pressure and regulation? Our commentary examines while we are small segment of mortgage lending are we irreplaceable nonetheless? It’s a look at an industry coming of age. Watch this week’s video and
[vimeo id=”29847239″ width=”601″ height=”338″] Opportunity in Reverseville: To learn more about marketing to banks and credit unions join our free webinar Wednesday October 5th at 10am. You can also get more information and great videos at RM Bank Blueprint here.