defaults

The life of a reverse after closing

Shannon HicksOctober 22, 2012September 10, 2013

by Shannon HicksOctober 22, 2012September 10, 20132 1790

Often out of sight and mind after a reverse mortgage closes, servicing is the backbone of the ongoing relationship with the borrower. From monthly draws, tenure payments and loan questions reverse mortgage servicers are on the front lines of long-term customer support and care. The average loan officer is with

Moral Hazard?

Shannon HicksJuly 16, 2012September 10, 2013

by Shannon HicksJuly 16, 2012September 10, 20132 1236

Moral Hazard? One definition is the lack of incentive to guard against risk because one is protected from the consequences while the risk rests on another party. Is that what we have with reverse mortgage borrowers who have defaulted? Non-payment of taxes and insurance has been an issue. A look

Horse out of the barn? Industry Leader Update

Shannon HicksDecember 19, 2011September 10, 2013

by Shannon HicksDecember 19, 2011September 10, 20137 1139

Is the proverbial "horse out of the barn" when it comes to Reverse Mortgage Tax & Insurance Defaults? A problem that was quietly brewing for more than a decade grew into glaring issue with the crash of housing values in 2007 & 2008. Many borrowers hit hard financially

Celink & Reverse Mortgages – Curing T&I Defaults: A servicers perspective

Shannon HicksNovember 28, 2011September 10, 2013

by Shannon HicksNovember 28, 2011September 10, 20133 2065

[vimeo id=”32590209″ width=”601″ height=”338″] Learn what Celink is doing to help borrowers prevent and cure tax and insurance defaults for reverse mortgage borrowers. A Behind The Scenes Look At Curing Tax & Insurance DefaultsOur exclusive interview with Celink’s John LaRose at last month’s NRMLA meeting uncovers some of the steps

It’s time to lose the Reverse Mortgage Shame

What the HECM is happening?!

Home prices must drop in these markets. Here’s…

Israeli startup seeks to fill U.S. HECM opportunity…

defaults

The life of a reverse after closing

Moral Hazard?

Horse out of the barn? Industry Leader Update

Celink & Reverse Mortgages – Curing T&I Defaults: A servicers perspective

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