Reverse Mortgage News by HECMWorld

Reverse Focus Weekly- Episode #382

Talking Points:

• Banks taking notice of recent HECM changes
• Why seniors choose reverse mortgages & tapping home equity
• Speed bumps may be ahead for housing growth
• HUD clarifies assessment rules and confusion

Watch this week's video here

Reverse Focus Weekly- Episode #375

Talking Points:

• Judge orders that spouse has borrower rights
• HUD slams two companies for improper borrower fees
• Wholesale leads surge in endorsement volumes
• Illinois has a new reverse mortgage law

Reverse Focus Weekly- Episode #373

Talking Points:

• Will big banks return to HECM program?
• ABC News: Changed for the better
• Looking for seniors? Try these counties
• Mortgage Professor launches alternative to HECM counseling

Reverse Focus Weekly- Episode #362

Talking Points:

• The problem with small reverse mortgage loans
• The long road: Lenders take the long view on assessment
• Aging in place has it’s challenges
• Texas lender launches reverse mortgage channel

Reverse Focus Weekly- Episode #360

Talking Points:

• Pulling the plug: HUD reminds recent Non-Borrowing Spouse rule
• AAG launches new television ad with a focus on retirement planning
• Lender launches a rebrand of reverse mortgages
• HECM refinances buck endorsement volume trend

Reverse Focus Weekly- Episode #354

Talking Points:

• Reverse mortgage just one way to increase after tax wealth
• Reports of retirement preparedness conflicted
• NRMLA meeting in New York to highlight Financial Assessment and Social Security
• The motivations behind baby boomers buying or selling a home

Reverse Focus Weekly- Episode #352

Talking Points:

• BNY Mellon ready to launch reverse operations
• Connecticut eyes required face to face counseling
• 40% of home equity held by older households
• Retirement age is slightly rising but leveling off

ReverseFocus Weekly- Episode #349

Talking Points:

• CFPB issues tips for reverse mortgage borrowers
• A source of wealth: Retirees tapping home equity
• CFPB dings New Day Financial for advertising
• CFPB reveals top reverse mortgage complaints

Reverse Focus Weekly- Episode #348

Talking Points:

• Reverse Mortgage interest surges prior to assessment
• Interest is up but endorsements flat as Financial Assessment approaches
• HUD seeks revision to National Housing Act & budget for non-borrowing spouses
• Reverse mortgage could solve number one retirement worry

Reverse Focus Weekly- Episode #347

Talking Points:

• No Deadbeats: The Mortgage Professor looks at the Financial Assessment
• Counselors prepare for new hurdes with upcoming assessment
• Community banks stymied by overly strict mortgage rules
• Year end slump in reverse mortgage endorsements