Reverse Mortgage News by HECMWorld

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• Outdated computer systems cost FHA millions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

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