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Reverse Mortgage News

Is the Battle Over?

Shannon Hicks
Is the battle over? HUD’s recent change to non borrowing spouse policy for Home Equity Conversion Mortgages is lauded by consumer advocates. June 12th may mark the end of the long fought battle between the Department of Housing and Urban Development, displaced borrowers and consumer advocacy groups.

Transparency Needed for Improvement

Shannon Hicks
[vimeo id=”130568897″ width=”625″ height=”352″] CFPB Not Releasing Ad Data at Core of Recently Released Study After releasing a consumer advisory and the results of focus group findings of reverse mortgage ads that were deemed misleading, ambiguous or difficult to understand to consumers and the media alike, the Bureau is less

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