Reverse Mortgage News by HECMWorld

Reverse Focus Weekly- Episode #541

This week's stories:

• Preparing your borrower for the appraisal
• Exclusive interview with Resolute Bank's executive team
• Ocen looking to new product mix
• NEW website service by Reverse Focus for HECM professionals!

 

Reverse Focus Weekly- Episode #540

This week:

• Profound challenges and more changes coming for HECM
• More proprietary reverse mortgages coming
• LIBOR index used by reverse mortgage loans to be eliminated
• Committee examines the impact of 2nd appraisal rule

Reverse Focus Weekly- Episode #539

This week:

• New 2nd Appraisal Rule impacting a small percentage of loans
• Originators see the impact of rising interest rates
• FHA releases FAQ on Collateral Risk Assessment

 

Reverse Focus Weekly- Episode #538

This week...

• HECM counseling seeing a 50% fallout rate
• Does recent data point to a reverse mortgage recovery?
• Forbes: 5 times reverse mortgages are a bad idea
• HECM borrower satisfaction survey launched

 

Reverse Focus Weekly- Episode #537

This week's stories:

• NRMLA leadership supportive of new HECM appraisal rule
• Appraisal companies speak out on new 2nd appraisal rule
• Open Mortgage is all in on reverse mortgages
• Federal Savings Bank: Trusted advisors key to HECM growth

Reverse Focus Weekly- Episode #536

This week's stories:

• Why reverse mortgage originators are diversifying
• Home appreciation rates are slowing
• HECM mortgage-backed securities decline by $1 billion
• The Mortgage Professor: Should borrower's escrow property charges?

Reverse Focus Weekly- Episode #535

This week's stories:

• 
  The first second-lien position reverse mortgage released
• HUD enacts new Risk Assessment: select loans to require a second appraisal

Reverse Focus Weekly- Episode #534

Talking Points:

• Why are more seniors holding onto mortgage debt?
• HECM mortgage-backed securities show fewer loans, more payoffs
• Last year's FHA insurance hike created significant hurdles
• Nearly 30% of households have only saved $1,000

HECMWorld Weekly- Episode #533

Talking Points: 

• Where home equity fails as an investment
• Cherry Creek Mortgage LOs learn about HECMs to grow business
• Peru debuts new reverse mortgage laws
• Baby Boomers struggle to downsize

 

HECMWorld Weekly- Episode #532

Talking Points:

• 7 stats every mortgage lender should know about reverse mortgages
• RMD editor and founder speaks out on the industry's future
• Forbes: Are reverse mortgages overly risky?
• Referrals key to growing reverse mortgage business