Reverse Mortgage News by HECMWorld

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• Planned IPO for HECM lender withdrawn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

Reverse Focus Weekly- Episode #491

Talking Points:

• HECM dragging down overall MMI fund value
• Secretary Ben Carson still supportive of HECM program
• CFPB director steps down
• HECM to HECM refinance warning issued

Reverse Focus Weekly- Episode #490

Talking Points:

• The CFPB warns against reverse mortgage strategy...again
• A big needs-based market? Can we help them?
• Line of credit growth slowed substantially
• More concerns that the housing market is overheating

Reverse Focus Weekly- Episode #489

Talking Points

• Broker production slows in wake of HECM changes
• Lenders still see potential despite reverse mortgage reforms
• Experts divided if we’re in another housing bubble
• Considering the sale of their reverse mortgage division

Reverse Focus Weekly- Episode #488

Talking Points:

• Wall Street Journal focuses on reduction of HECM benefits post-October 2nd
• Senator Elizabeth Warren questions FHA nominee Brian Montgomery’s private sector affiliations
• FHA Commissioner nominee Brian Montgomery: “Work with, not against lenders”
• HUD Secretary Ben Carson the subject of recent Time Magazine piece