Unable to use the embedded player? Listen here. EPISODE #711 RapidReverse- the mobile HECM calculator for reverse mortgage professionals Industry educator and innovator Dan Hultquist in cooperation with Apptensity released RapidReverse. This mobile app brings the power of quick and simple HECM calculations into the pockets of reverse mortgage professionals.
The Brookings Institution: Reasons for low HECM uptake and how to expand market growth Despite the more Americans retiring without sufficient savings to fund their non-working years, reverse mortgages remain a niche product- one whose acceptance has shrunk considerably in recent years. This conundrum is addressed in a recent
Jumbo RMs and those caught in the middle Two months ago we asked if private reverse mortgages would stop the slide in our industry’s overall loan production with the increasing popularity of the jumbo or proprietary- this as the HECM’s volume has dropped considerably. That question was raised again
With the HECM becoming increasingly unpredictable, many reverse-only lenders are expanding to offer traditional mortgages...