Why 8% 30-year fixed rates may benefit reverse lending
Today we find both the average HECM expected rate and the traditional 30-year mortgage hovering near eight percent. Here's when this may be an advantage
Reverse Mortgage Marketplace
The Big Shift in HECM Lending has Begun
Recent data reveals a major market shift is underway
Market Downside = Opportunity
[ad#Network Funding] Opportunities are Created in a Down Market [vimeo id=”76231751″ width=”625″ height=”352″] It’s been a double hit for many. First the elimination of the popular federally-insured Standard fixed rate product in April and this month…the elimination of all existing products for one with first year restrictions on distributions. It’s
Interview with Sarah Hulbert of 1st Reverse Mortgage USA: Industry Image and Future
Exclusive interview with 1st Reverse Mortgage USA's Sarah Hulbert discussing industry image, regulation, industry volume and marketing.
New! Improved Industry Leader Update video
[vimeo id=”17507034″ width=”601″ height=”338″] Reverse Mortgage Market Increase This month there was a market increase in reverse mortgage production. We’re still down from last year, but we are beginning to see signs of recovery.
NEW Video: Industry Update #2
The Reverse Fortunes weekly video recap updating reverse mortgage professionals on industry changes in the reverse mortgage marketplace. Return here each Friday for new videos.
