Dan Hultquist explains why the 10-year LIBOR rate was frozen and how lenders and originators can best prepare This week we interview Dan Hultquist with Understanding Reverse. Dan explains what happened behind the scenes in the Intercontinental Exchange (ICE) that prevented a 10-year LIBOR swap rate from being published, what
Record-low LIBOR rates and competitive margins erase most of 2017 PLF reductions Dan Hultquist of Finance of America Reverse returns for another exclusive interview; this time discussing how a record low-interest-rate environment do erase most of the impact of the October 2017 PLF reduction and much more.
What recent changes in the housing market and mortgage interest rates mean for HECM lenders We rarely discuss what is happening in the traditional mortgage market. Yet the larger overall mortgage market and prevailing 30-year mortgage rates have a direct impact on reverse mortgage borrowers and our industry at
Despite challenges there is reason for measured optimism HECM originators in the state of Connecticut have their own October surprise. The state’s governor signed into law Senate Bill 150 which goes into effect October 1st, 2018. It requires that prospective borrowers receive HECM counseling and provide a certificate of completion
As the nation's GDP increases interest rates are sure to follow. How can the HECM industry respond?
Interest rate hikes are here. How to cope? The Federal Reserve has already increased the benchmark federal funds rate and has telegraphed their intention for additional hikes this year. Do reverse mortgage lenders and borrowers need to worry? Be careful what you wish for. Monetary policy dictates that as the
3 reasons why you should expect big changes in 2017 The political landscape changed with a sudden seismic shift felt across the world. Domestically the impacts of a new populist, small government philosophy may manifest themselves in a variety of ways that will impact reverse mortgage lending this year. Slashing
[vimeo id=”139756544″ width=”625″ height=”352″] The Potential Impacts When the Fed Raises Interest Rates It’s been a cliffhanger of sorts. The U.S. economy appears to be recovering yet their are fundamental issues that are not resolved. In the wake of the financial crisis of 2009 interest rates have been held at