Rob Awalt of Premier Reverse Closings (PRC) speaks to adapting to a changing market, the skills required to thrive in more in our exclusive interview recorded at the NRMLA Western Regional Meeting in Irvine California.
Continue readingIndustry Outlook: Interview with Peter Bell
What is going on behind the scenes and what can we expect this year? See our interview with NRMLA President Peter Bell to learn more about regulation, lawmaking effecting reverse mortgages and more.
Continue readingPRESS RELEASE: New Features in Bay Docs latest LOS
“We are very excited about the release of these new modules as they round out the feature set to provide a complete, cost effective and lightning fast solution to reverse mortgage lenders,
Continue readingSituational Awareness
The trick is to separate what we can control and with the rest merely absorb the information and move on. Fighter pilots have a term for this when flying called “situational awareness”
Continue readingWendover Consulting & Portfolio 360 form alliance for Due Diligence Reviews
Wendover Consulting and Portfolio 360 entered into a strategic marketing alliance to provide portfolio valuation and due-diligence services to the reverse mortgage industry.
Continue readingStalwart: The reverse remains
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 readingMetlife Exits Reverse Mortgages
In the wake of the aftershocks of the two largest reverse mortgage lenders leaving MetLife announced last Thursday they are leaving reverse mortgage lending. A look at the potential causes and more importantly the impact on our industry.
Continue readingOver the horizon – CFPB Regulation Changes
We continue down the road remembering the challenges behind us while keeping a cautious eye on the horizon. The point is we are not finished yet.
Continue readingReverse Mortgage Industry – 7 Trends to watch for in 2012
Here are 7 trends we expect to see in 2012 for our industry. Some expected and some will come as a surprise.
Continue readingCFPB Regulations – Play by the same rules: Industry Leader Update
UPDATE: Here’s a link to another article on NMLS licensing & the SAFE Act by Richard Booth.
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Consumer Financial Protection Bureau Regulations
Shouldn’t we all play by the same rules?
The Consumer Financial Protection Bureau (CFPB) says all mortgage originators should play by the same rules…even chartered banks. Why does it matter? What are the two different standards that exist today?
Watch this week’s video and post your opinion.