Reverse Mortgage News by HECMWorld

Reverse Focus Weekly- Episode #547

In this week's reverse mortgage news:

• Scapegoating appraisers...again
• Loan limit increase for 2019: will it help?
• More data needed to stem reverse mortgage losses

Reverse Focus Weekly- Episode #546

This week's reverse mortgage news:

• More examples of occupancy abuse in reverse mortgage properties
• Homeowners have less equity to tap
• Inspector General report finds significant challenges at HUD

Reverse Focus Weekly- Episode #545

In this week's reverse mortgage news:

• Home appreciation is slowing
• Reverse mortgage loan volumes tumble
• Industry responds to pointed criticisms of the reverse mortgage industry

 

Reverse Focus Weekly- Episode #544

In this week's top reverse mortgage news:

• David Stevens, the former FHA Commissioner, slams reverse mortgages
• FHA has automated the 2nd appraisal process
• New loan volume drop may signal a new trend
  

Reverse Focus Weekly- Episode #543

In this week's top reverse mortgage news:

• Lenders react to anticipated reverse mortgage changes
• Another lender rebrands itself
• Part 3 of our exclusive interview with Resolute Bank
• Harvard study shows more seniors are house-rich and income-poor

Reverse Focus Weekly- Episode #542

This week's top stories:

• AAG adds VA loans to its repertoire
• *Exclusive interview with Resolute Bank management team (Part 2)
• No PLF cuts despite mounting HECM losses in MMI fund
• This is where the average HECM margin has landed
• Aging homeowners pose a problem

 

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