Reverse Mortgage News by HECMWorld

Reverse Focus Weekly- Episode #511

Talking Points
Episode #511, Monday, April 9th

• Competition intensifies with lower lending ratios and new interest rate floor
• Some see Lifetime Expectancy Set-Asides as a bonus
• One-fourth of seniors rely solely on Social Security
• “It’s a post-October 2nd world”

Reverse Focus Weekly- Episode #510

Talking Points:

• Secretary Carson- next to go?
• Avoiding problems at the closing table
• What can we learn from HELOC borrowers?
• Interest rate competition heats up

Reverse Focus Weekly- Episode #509

Talking Points

• Report shows the impact of October 2nd HECM changes
• Turnkey loan servicing solution launched
• A harder sell after October 2nd?
• Some HECM pros see our market stabilizing

Reverse Focus Weekly- Episode #508

Talking Points

 

• Reverse mortgage originators wish list for the HECM
• HUD’s modernization plan and fiscal scrutiny
• Funerals easier to discuss than long-term care
• Non-borrowing spouse statistics questioned

Reverse Focus Weekly- Episode #507

Talking Points

• HECM professionals suggest these reforms
• Jumbo reverse mortgages expanding
• FHA lenders are warming to the HECM for Purchase
• The average age of HECM borrower on the rise

Reverse Focus Weekly- Episode #506

Talking Points:

• Cybercrime: how reverse lenders can protect themselves
• Would a retirement plan without a reverse mortgage stand up to a court’s scrutiny?
• Parent company no longer looking to sell reverse mortgage division
• Inspector General looking into Secretary Carsons’ family ties at HUD

Reverse Focus Weekly- Episode #505

Talking Points

• Counselors see a shift in HECM borrower type
• Retirees need solutions but remain reluctant
• A remedy for silver divorce?
• A new name for a familiar face

Reverse Focus Weekly- Episode #504

Talking Points:

• Cap on insured HECMs would be removed under Trump administration proposal
• These cities have the most reverse mortgages
• How a turbulent stock market could impact HECMs
• Foreclosure attorney fees at the center of court case

Reverse Focus Weekly- Episode #503

Talking Points

• Farewell to an industry friend and pioneer
• Testing the concept of generational lending
• How to educate financial professionals
• The worst quarter in case assignments in a decade

Reverse Focus Weekly- Episode #502

Talking Points

• Not so fast. The CFPB is here to stay
• Lingering impacts of HECM volume decline felt
• Reuters covers HECM foreclosure controversy
• High court backs HECM foreclosure