Reverse Focus Weekly- Episode #494

December 8, 2017

Talking Points

  • Loan limits to increase despite HECM losses
  • Reverse mortgage endorsements on the rise
  • RMS parent company filed Chapter 11 BK
  • Few acted on ‘Grey Monster’ warnings
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Reverse Focus Weekly- Episode #493

November 30, 2017

Talking Points:

  • Failed leadership coup at CFPB settled by court
  • Higher lending limits coming but HECM increase questionable
  • Margins fall as competition increases
  • Planned IPO for HECM lender withdrawn
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Reverse Focus Weekly- Episode #492

November 21, 2017

Talking Points

  • Industry leaders encourage diversification
  • Meet Arlo: your new online HECM tool
  • Lender seeing success with Jumbo product
  • Why the reverse mortgage is stunted
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Reverse Focus Weekly- Episode #491

November 17, 2017

Talking Points:

  • HECM dragging down overall MMI fund value
  • Secretary Ben Carson still supportive of HECM program
  • CFPB director steps down
  • HECM to HECM refinance warning issued
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Reverse Focus Weekly- Episode #490

November 10, 2017

Talking Points:

  • The CFPB warns against reverse mortgage strategy...again
  • A big needs-based market? Can we help them?
  • Line of credit growth slowed substantially
  • More concerns that the housing market is overheating
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Reverse Focus Weekly- Episode #489

November 3, 2017

Talking Points

  • Broker production slows in wake of HECM changes
  • Lenders still see potential despite reverse mortgage reforms
  • Experts divided if we’re in another housing bubble
  • Considering the sale of their reverse mortgage division
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Reverse Focus Weekly- Episode #488

October 27, 2017

Talking Points:

  • Wall Street Journal focuses on reduction of HECM benefits post-October 2nd
  • Senator Elizabeth Warren questions FHA nominee Brian Montgomery’s private sector affiliations
  • FHA Commissioner nominee Brian Montgomery: “Work with, not against lenders”
  • HUD Secretary Ben Carson the subject of recent Time Magazine piece
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Reverse Focus Weekly- Episode #487

October 20, 2017

Talking Points:

  • HECMs account for 5% of older American’s CFPB complaints
  • Increasing calls to move the HECM out of FHA’s MMI fund
  • Washington state imposes fine for ‘deceptive advertising’
  • Are the housing and stock markets overvalued?
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Reverse Focus Weekly- Episode #486

October 13, 2017

Talking Points

  • Ben Carson: changes will help stop the bleeding
  • The HECM for Purchase has been unshackled
  • More will retire with mortgage debt- can the HECM help?
  • Half have zero 401(k) savings
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Reverse Focus Weekly- Episode #485

October 6, 2017

Talking Points:

  • 5 things to expect from recent reverse mortgage changes
  • September: the great race to beat the clock
  • 2017 on pace to post improved endorsement totals
  • Owen moving from under regulatory cloud
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