The American mortgage market is surgically attached to the Federal government. What would bring private capital back into the reverse mortgage marketplace?
Government programs like Medicare & Medicaid are going broke. Some compelling reasons for our government to promote reverse mortgages for their benefit and seniors.
[vimeo id=”29848468″ width=”601″ height=”338″] Lack of funding for HUD counseling creating a road block for those who need it the most As we enjoyed our weekend October 1st came and went marking the beginning of the fiscal year 2012 and more importantly the date when funding from the government for
[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
[vimeo id=”26480015″ width=”601″ height=”338″] Ugly Politics: If debt limit agreement is not reached FHA could be part of government shutdown Yes. It’s come down to politicians in Washington threatening that seniors social security checks may stop if the debt-limit or ceiling is not raised by congress. Nice. But closer to