A look back at the stories of 2017 that shaped the reverse mortgage industry
[vimeo id=”134440404″ width=”625″ height=”352″] Consumer Reports Article Cautions Readers The magazine and self-described consumer educator and advocacy group Consumer Reports recently published an article entitled “Don’t Be Suckered Into Buying a Reverse Mortgage”. In it’s paternalistic zeal Consumer Reports does dispense some practical advice but unfortunately makes use of pejorative
[vimeo id=”83988569″ width=”625″ height=”352″] What Can We Expect in 2014? With the changes and permutations the HECM program has undergone since 2010 one could argue we have already undergone a makeover of sorts. The Saver program, HECM for Purchase and the introduction and revocation of the standard fixed rate. True.
Will Reverse Mortgages become the norm? According to one retirement expert getting a reverse mortgage may become common amongst future retirees. The shift to younger borrowers may be a result of more Americans reaching retirement only to wake up to the reality that their home is an essential and useful
Industry volume is down 27% in the wake of big bank exits. How can we regain marketshare and where do opportunities lie? How do we rebuild trusted brands and lost distribution networks?