Reverse Mortgage News by HECMWorld

Reverse Focus Weekly- Episode #501

Talking Points:

• CFPB's Mulvaney, "We should explain rules before enforcing them"
• New rules improve HECM for Purchase but hurdles remain
• Advisors should avoid 'error by omission'
• November's endorsement surge

 

Reverse Focus Weekly- Episode #500

Talking Points

• CFPB chief turns away agency funding
• HECM pitch needs refining says celebrity attorney
• It’s time we different insurance funds
• Brits tapping home equity at record pace

Reverse Focus Weekly- Episode #499

Talking Points

• Originators expect to work more and earn less in 2018
• HUD updates calculation of upfront insurance premiums for refinances
• How to drastically reduce FHA’s mortgage risks
• Homes with a HECM appreciate slower- here’s why

Reverse Focus Weekly- Episode #498

Talking Points

• A crash of HECM endorsement volume on the horizon
• New tax law creating issues for some
• Latest HUD changes to reverse mortgage good for consumers
• Senior community roadblocks to reverse mortgages

Reverse Focus Weekly- Episode #497

Talking Points

• Tax deductions you can kiss goodbye in 2018
• Mortgage interest deductions under the new tax plan
• Senior home equity on the rise
• Harsh retirement not felt by most over 65 in New Zealand

Reverse Focus Weekly- Episode #496

Talking Points

• 25% of seniors open to using home equity
• Why the CFPB is wrong about reverse mortgages
• What happens when we let technology care for our aging parents
• HUD focuses on foreclosure prevention

Reverse Focus Weekly- Episode #495

Talking Points:

• CFPB allegedly funneled millions to slush fund
• Nearly 1 in 5 unaware of reverse mortgage
• Cautious, but willing to learn
• 5 marketing strategies for 2018

Reverse Focus Weekly- Episode #494

Talking Points

• Loan limits to increase despite HECM losses
• Reverse mortgage endorsements on the rise
• RMS parent company filed Chapter 11 BK
• Few acted on ‘Grey Monster’ warnings

Reverse Focus Weekly- Episode #493

Talking Points:

• Failed leadership coup at CFPB settled by court
• Higher lending limits coming but HECM increase questionable
• Margins fall as competition increases
• Planned IPO for HECM lender withdrawn

Reverse Focus Weekly- Episode #492

Talking Points

• Industry leaders encourage diversification
• Meet Arlo: your new online HECM tool
• Lender seeing success with Jumbo product
• Why the reverse mortgage is stunted