Where we stand
It’s not just the housing market that’s poised for a big shift. So is reverse mortgage lending.
Industry Outlook
Podcast E645: Who will be the next HUD Secretary?
Unable to use the embedded player? Listen here. HECM Program Improves Valuation in FY 2020 A recent New York Times piece speculates who are the most likely candidates to take the helm of the Department of Housing and Urban Development in a Biden Administration Other Stories: HECM Refinance Boom: What
Don’t Be Deceived- Let Not Your Heart Be Troubled
Do not be deceived. Let not your heart be troubled Do not be deceived. Not so much by disinformation by incomplete information. Last month’s (April) endorsement data is one example. Another is media financial pundits who have long dismissed the concept of one’s home being a retirement asset…
The Big Bump?
What’s a realistic outlook for 2020? The past may tell. If there’s one word that characterizes the HECM industry and its originators it would be resilient. Despite the housing crash of 2009, the massive overhaul with product cutbacks in 2013, and the momentous changes in October 2017, reverse mortgage originators
You would have never guessed
Rewind back ten or fifteen years ago and you would have never imagined that the reverse mortgage would look as it does today. No other mortgage loan has seen such a dramatic transformation of its core components than the Home Equity Conversion Mortgage. If the constant evolution of the HECM
HECM October Changes- Survey Says
Survey shows what HECM pros expect from HUD As the final days of summer pass the collective tension of reverse mortgage professionals increases in anticipation of what changes HUD will make to the federally-insured reverse mortgage program. As August or September bring us the changes for the following fiscal
The HECM’s outlook to be shaped by 3 factors
Three factors that will shape the HECM in 2020 What is presently shaping reverse mortgage production today, and what will influence our future? First is the ‘feeder’ of all reverse mortgage endorsements. Before any federally-insured reverse mortgage is underwritten, has funds disbursed or is ultimately insured or ‘endorsed’ it begins
Truth in Numbers
An honest assessment of HECM loan volumes & consumer demand [Download transcript] Just where does the reverse mortgage industry stand today? Are we on the road to explosive growth, a mild recovery, or are lower loan volumes for the remainder of the year? Somewhere between extreme exuberance and pessimism
