Jumbo loans

Proprietary RMs Gain as HECM Evolves

Shannon HicksNovember 18, 2019November 19, 2019

by Shannon HicksNovember 18, 2019November 19, 20190462

Lenders continue to expand their proprietary reverse mortgage offerings – a timely development FHA sees as encouraging. “We are considering some other changes [to the HECM program]”. Those are the words of FHA Commissioner Brian Montgomery during a media conference call for the release of FHA’s report to Congress last

Jumbos compliment a challenged HECM market

Shannon HicksMay 20, 2019May 17, 2019

by Shannon HicksMay 20, 2019May 17, 20193 716

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

Where Have the Jumbos Gone?

Shannon HicksJuly 13, 2015October 16, 2015

by Shannon HicksJuly 13, 2015October 16, 20159 326

[vimeo id=”133094302″ width=”625″ height=”352″] Where Are the Jumbo Reverse Mortgages The time is ripe for jumbo reverse mortgages but where are they? The Home Equity Conversion Mortgage market has weathered the storms of the housing crash and numerous product changes yet the emergence of a strong jumbo loan market has

Abandoned HECM Properties

BREAKING: HECM Lending Limit Increased

New HECM Applications on the Rise

Despite Improvements a Call for HECM Structural Changes

Jumbo loans

Proprietary RMs Gain as HECM Evolves

Jumbos compliment a challenged HECM market

Where Have the Jumbos Gone?

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