Innovation continues despite an uncertain housing and real estate market. One such product could be seen as a reverse mortgage in your pocket
Continue readingUnlocking Hidden Retirement Cash
Ginnie Mae’s New HECM Security to Ease Liquidity Strains
Innovation continues despite an uncertain housing and real estate market. One such product could be seen as a reverse mortgage in your pocket
Continue readingCondo Rules Quash Reverse Mortgage
Florida’s 2022 legislation for condominium maintenance and strict condo rules are quashing reverse mortgages.
Continue readingThe CFPB Bans Former HUD HECM Servicer
Last week the Consumer Financial Protection Bureau (CFPB) issued a consent order against former HECM servicer Novad Management and Sutherland Global seeking millions in civil and monetary damages
Continue readingA Revolution in HECM Calculators
Lenderful Solutions has revolutionized the typical HECM calculator with its Point-of-Sale consumer interface. We interview Paul Lehnert to learn more about this powerful sales tool.
Continue readingUS Senator says Flood Ins. rate hikes endanger reverse mortgage borrowers
One U.S. Senator calls for reform saying flood insurance premium hikes endanger some reverse mortgage borrowers.
Continue readingThe Inheritance Illusion
The expectations of older homeowners when willing their home to their children is often an illusion.
Continue readingF Stands for Fraud…and Family
F is for family and fraud with most elder financial abuse committed by family members.
Continue readingHave decades of HECM reforms worked?
Have decades of HECM reforms had their desired effect? We examine key HECM policy changes, their impact, and effectiveness.
Continue readingWhy More Boomers are House-Poor
A New York Times column reveals four reasons more Baby Boomers are now house-poor.
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