Since it’s creation in 1989 our product has withstood multiple recessions, boom and bust real estate markets, five presidents and stock market crashes. Consumers and their confidence in the HECM and the lenders that serve them.
Continue readingSurvivors Club & MetLife Exit
Insecurity & opportunity remain after MetLife’s departure. The Survivors Club remains. What is the secret to staying focused and being positioned to thrive in an uncertain market?
Continue readingBank Exits & Market Recovery
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?
Continue readingSmall town economics in Reverseville
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Opportunity in Reverseville:
To learn more about marketing to banks and credit unions join our free webinar Wednesday October 5th at 10am.
You can also get more information and great videos at RM Bank Blueprint here.
Lenders see business uptick in wake of big bank exits: Industry Leader Update
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Remaining lenders are seeing something they’ve always wanted…
an increase in referral phone calls from non-reverse banks and financial professionals. Many of these referrers had sent their clients to Wells Fargo & Bank of America based on their well known brand and geographic convenience. Today reverse mortgage originators have a unique opportunity to step in and provide an attractive solution for senior service providers. Many lenders are already seeing the phone ring from those who had referred to Wells & B of A in the past looking to remaining lenders.