As with any complex product, widget or loan comes the temptation to focus on the intricacies of the product while possibly missing the opportunity to paint a compelling picture with a story…
Continue readingKeeping Momentum Post F.A.
It is indeed the time to fill our pipes, pipelines that is. With any hardship, hurdle or challenge in business comes the temptation to lose momentum. Think of it as peddling a bicycle. It takes more energy to regain momentum once stopped than to sustain it.
Continue readingBipartisan Commission Open to HECMs
Recently a bipartisan commission was launched creating a task force to tackle the critical challenges of aging this year. The good news: the commission is positive about the role reverse mortgages play in the planning process.
Continue reading7 Tips for a Productive Spring
Larry the Cable Guy may be a redneck but he has a point. Getting stuff done is key to our personal happiness and productivity. As spring fast approaches here are seven ideas to prepare for the new season…
Continue readingGenerations / Part 1 Warfare or Welfare?
Strife and suffering are media mainstays: an old newspaper chestnut goes, “If it bleeds, it leads.” So while press and pundits would have us believe generational warfare is the way of the world, those who live and work beyond the box subscribe to a different view.
Continue readingHave You Asked?
Lately there have been several media accounts stating that much confusion remains for HECM borrowers. I have to admit I have some healthy skepticism when the media claims that reverse mortgages are still confusing for borrowers especially since the Home Equity Conversion Mortgage mandates counseling to cover the basic mechanics of the loan.
Continue readingMaximum Efficiency: Are You There?
Here are just a few ways each of us can become more highly organized and position ourselves for success in the coming months.
Continue readingDigital Durables: What’s Ahead
Attention spans aren’t just short these days; they’re bifurcated. Few people seem constitutionally capable of participating in one activity at a time. Just as the much-vaunted “paperless office” did not materialize with the advent of computers, all of our digital devices have spawned more busy-ness and fractured attention, rather than better focus.
Continue readingThe Origin of the Financial Assessment?
The Home Equity Conversion Mortgage has undergone numerous product changes, regulations, new counseling requirements and protocols and reductions to lending ratios. Much like an aging celebrity who has undergone one too many plastic surgeries one may be left wondering does the new HECM even resemble the original product?
Continue readingNot Surprised
The media is inaccurate, misleading and selective in reporting the facts? What’s new. The Consumer Financial Protection Bureau’s recent release of it’s report on reverse mortgage complaints was seized upon by both the media and so-called consumer advocate groups. Surprised? No. Damaging? Possibly.
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