The Ugly Side of Retirement
There’s an ugly side for many retirees who choose not to use a reverse mortgage out of fear or ignorance. The worst thing these unprepared individuals can do is to take viable options off the table...
reverse mortgage loans
The Return of Origination Fees
The formerly profitable Standard Fixed Rate HECM is gone and has left many lenders wondering where to recoup profits. An examination why loan origination fees will return and how loan officers can prepare.
How the HECM for Purchase Vanquishes Retirement Myths
The word is on The Street: There are some retirement myths that no senior should fall prey to — and while some seem obvious, others bear explication. According to The Street's investment experts, the 5 Myths are...
Reverse Mortgage as a “Pension”?
It’s a bleak outlook for today’s retiree but there is a silver lining…the reverse mortgage. It may be a solution for retirees without a pension...
Seniors Do Have Choices to Reduce Risks
Are the risks to reverse mortgage borrowers a result of independent choices or a result of a the loan itself?
A dog with fleas? – When some loans may become a resource drain
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Loan Limits Didn’t Change…But Does It Matter To Me?
The good news is we just heard that the HECM loan limits will remain the same through December of this year. I’m sure there are many out there who are breathing a little sigh of relief as it buys you some time to get those higher value property owners to
A new disclosure form for refinancing?
If it seems like the purpose of this article is to throw ice water on the enthusiasm expressed in the industry about switching and higher proceeds, in small part it is. It is also to help originators understand how much a small increase in backend fees can mean to a
