Reverse Fortunes Weekly

Talking Points:

• HUD signals major changes may lie ahead for reverse mortgage industry
• Reverse Mortgage possibilities: Second lien position?
• AARP showing more support for HECMs
• Home values about to fall again?

Knowledge & Insight:

NRMLA recap

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Talking Points:

• Security One gets cash infusion
• Will FHA need a bailout?
• HUD implements counseling standards
• Video training website launches

Knowledge & Insight:

Getting the most from NRMLA

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Talking Points:

• Risk index for retirees shows them unprepared
• The “Greenback Effect”
• Home buyer credit extended
• Are states now listening to reverse mortgage advocates?
• 65 & older and looking for work

Knowledge & Insight:

What’s your plan? A new economic reality demands a new strategy.

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Talking Point:

• Loan limit may survive
• Financial Mortgage gets whacked by FHA
• I’ve got a Hunch… Online service helps seniors decide
• A new phase for reverse mortgages

Knowledge & Insight

Upside down? Risk management for your clients.

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Talking Points:

• Bank of America brings back fixed rate for Illinois
• Unwinding bad loans for seniors
• The problem with California’s latest reverse bill

Knowledge & Insight: Show me the money: Why you’re losing sales unless you show your clients (in writing) how a reverse mortgage improves cash flow and cash reserves.

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Talking Points:

• New California Elder protection act
• How big? Taxes & Insurance
• Solutions to PLF cut?
• The godfather of reverses
• New appraisal guidelines clarified

Knowledge & Insight:

The SAFE Mortgage Act. What you need to know and how to prepare.

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Talking points:

• Don’t blame HUD
• Time to share (data)
• Peter Bell speaks before Senate subcommittee
• The truth for a change!

Knowledge & Insight:

Better than family: keeping in touch with your clients

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Talking points:

• Time to drive to that HUD counseling appointment?
• Fixed rate dropped by Financial Freedom
• Ominous sign? Medicaid apps spike
• Monte Rose moves to Met Life
• What’s next for HUD Counseling?

Knowledge & Insight:

Preparing your clients for possible new requirements from HUD

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Talking Points:

• HUD slashes Principal Limit Factors
• Retirement meltdown
• Required to raise more capital

Knowledge & Insight:

Adjusting to the new reduced principal limit reduction.

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Top Stories:

• Is it really over?
• Seven year itch
• CA reverse bill goes to Governator for signature
• Make that a “mini”
• Model legislation overlooked

Knowledge & Insight:

Inflation looms large: Should adjustable rate HECM holder refinance now?

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