Why I reversed my thoughts on reverse mortgages
One Canadian financial commentator recounts her journey from a reverse mortgage skeptic to one who embraced the loan as a viable...
podcast
NEW: The Mortgage News Roundup
NEW: The mortgage new roundup, RMI market update, and proprietary loan volumes.
How do you pay back a (HECM) reverse mortgage?
When must a reverse mortgage be paid off? Can the loan be paid off early? What are the typical payoff options?
Possible Class-Action on Equity-Sharing program
Class Action-org is asking residents of Florida, New York, or Ohio who entered into an equity sharing agreement with Unison to contact them.
A time-honored loan in FHA
Unable to use the embedded player? Listen here. EPISODE #734 RMD sits down with our FHA Commissioner Reverse Mortgage Daily sat down with FHA Commissioner Julia Gordon for her perspectives on the HECM program, its strength, and outlook. Other Stories: Newsweek: The U.S. facing a potential ‘perfect storm’ for a
Alternatives to Social Security for retirement cash flow
Unable to use the embedded player? Listen here. EPISODE #724 Alternatives to Social Security that provide income in retirement There are several ways to generate income or cash flow in retirement; some are completely overlooked… Other Stories: New York issues letter to those originating co-op reverse mortgages Most will age
An 81-year old reverse borrower could have avoided foreclosure…
An 81-year old reverse borrower could have avoided foreclosure had Texas launched a foreclosure relief program sooner says attorney...
Mortgage Relief for California HECM Borrowers
Unable to use the embedded player? Listen here. EPISODE #702 California’s new mortgage relief bill may provide relief to reverse mortgage borrowers. Governor Gavin Newsom today announced that California’s plan to provide $1 billion in mortgage relief grants to tens of thousands of homeowners who have fallen behind on housing payments
