Here’s how reverse mortgage pros and HECM for Purchase borrowers can supercharge the advantages of a H4P to improve retirement!
Continue readingHow to Supercharge the HECM for Purchase
Planned HUD Office Closure & HECM Services
DOGE’s planned closure of HUD field offices across the nation likely includes the Tulsa, Oklahoma field office, which houses HECM operations and the National Servicing Center.
Continue readingIt’s not a good time to be a Home Equity Alternative Company
|E868| Now’s not a good time to be a company offering home equity alternatives to reverse mortgages or HELOCs. Last month, the CFPB issued a warning on equity sharing arrangements. Last October, Washington State’s Attorney General’s office filed a suit against Unison. Now, Hometap is in the crosshairs of the Massachusetts State Attorney General’s office, who allege that the company “pervasively and systematically violated the state’s consumer protection laws.
Continue readingA Cure for ‘Perma-Renting’ in Reverse!
There’s an uptick of Canadian reverse mortgage borrowers using their loan to help their heirs buy a home. Heres how…
Continue readingFixing the Housing Market is a Two-Edged Sword
Delivering emergency price relief to would-be American homebuyers came to the forefront with President Trump’s recent executive order on housing. If successful, we look at the implications on homeowners, seniors aging in place, and future homebuyers.
Continue readingPresident Trump names acting HUD Secretary
A look at President Trump’s recent executive order addressing America’s housing affordability crisis and what it means for current and potential reverse mortgage borrowers.
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