Reverse Mortgage News by HECMWorld

Reverse Focus Weekly- Episode #521

Talking Points:

• One jumbo reverse mortgage just got more flexible
• 6 tips to grow your referral network
• The CFPB's Acting Director could be out soon
• Part 2 of our exclusive interview with PRC's Angel Booth

 

Reverse Focus Weekly- Episode #520

Talking Points:

• We may have reached the bottom of HECM volume declines
• The 'new' CFPB is a shadow of its former self
• A call to lift the reverse mortgage ban for financial advisors
  
• Interview with (PRC) Premier Reverse Closing's Angel Booth
• Retirees should look beyond their portfolio assets

Reverse Focus Weekly- Episode #519

Talking Points:

1. Startup offers new reverse mortgage alternative. 
2. Amid uncertainty, LiveWell expands traditional lending.
3. Court ruling confounds non-borrowing spouse rules.
4. Phoenix Sun City board votes to allow HECM loans. 

Reverse Focus Weekly- Episode #518

Talking Points:

• Senate confirms Brian Montgomery as FHA Commissioner
• More private reverse mortgages to arrive this summer
• The myth of increased HECM volume offsetting FHA losses
• Wholesale originations tumble in March

 

Reverse Focus Weekly- Episode #517

Talking Points:

• Mutual of Omaha enters HECM lending
• Would a name change help grow the HECM for Purchase?
• Brokers challenged after October 2nd changes
• Nationwide Equities opens Vegas branch

 

Reverse Focus Weekly- Episode #516

Talking Points:

• Data shows 1/3 of Americans have less than $5K in retirement savings
• Australia removes restrictions on reverse mortgage eligibility
• Stock market volatility and the HECM
• Outdated computer systems cost FHA millions

 

Reverse Focus Weekly- Episode #515

Talking Points:

• BREAKING: Mutual of Omaha announces the purchase of Synergy One Lending.
• HECM for purchase a lead generator for realtors
• Originators are the real industry heroes
• Do April endorsements reflect the new norm?

 

Reverse Focus Weekly- Episode #514

Talking Points:

• Financial advisor fined for referring a client to a reverse mortgage specialist
• The Emerald City shines despite reverse mortgage downturn
• Connecticut the latest state to add more reverse mortgage regulations
• Appeals court ruling backs lenders in case of a displaced non-borrowing spouse

 

Reverse Focus Weekly- Episode #513

Talking Points:

• Winter is Coming: securities-issuer sees a 'long winter' of declines ahead
• Is the New HECM a better deal for consumers?
• NBC's Saturday Night Live cracks another reverse mortgage joke. 
• Eliminating debt should be the goal of those nearing retirement. 

Reverse Focus Weekly- Episode #512

Talking Points:

• Carson’s position at HUD appears secure
• Originators share tips for selling over the phone
• Servicer answers questions
• What post-October 2nd loans securitized reveal