Reverse Mortgage News by HECMWorld

Reverse Focus Weekly- Episode #487

Talking Points:

• HECMs account for 5% of older American’s CFPB complaints
• Increasing calls to move the HECM out of FHA’s MMI fund
• Washington state imposes fine for ‘deceptive advertising’
• Are the housing and stock markets overvalued?

Reverse Focus Weekly- Episode #486

Talking Points

• Ben Carson: changes will help stop the bleeding
• The HECM for Purchase has been unshackled
• More will retire with mortgage debt- can the HECM help?
• Half have zero 401(k) savings

Reverse Focus Weekly- Episode #485

Talking Points:

• 5 things to expect from recent reverse mortgage changes
• September: the great race to beat the clock
• 2017 on pace to post improved endorsement totals
• Owen moving from under regulatory cloud

Reverse Focus Weekly- Episode #484

Talking Points

• HECM changes begin today- what you need to know
• H4P certificate of occupancy requirements relaxed
• The lingering impact of the hurricanes
• Budget office says restricting FHA loans would save billions

 

Reverse Focus Weekly- Episode #483

Talking Points:

• Are there any HECM counseling spots open?!
• MMI fund and HECM value confusion
• AAG to start offering traditional mortgages
• Prepping for retirement like preparing for a hurricane

Reverse Focus Weekly- Episode #482

Talking Points:

• President Trump taps Brian Montgomery to return as FHA Commissioner
• HECM changes and expected volume drop
• New HECM Final Rule: what it means for you
• AAG to launch real estate brokerage

Reverse Focus Weekly- Episode #481

Talking Points

• Washington Post: HECM overhaul a welcomed change
• HECM pioneer and economist speaks out on industry change
• The surge is coming
• Financial professionals challenge recent CFPB warning on HECM social security strategy

Reverse Focus Weekly- Episode #480

Talking Points

• What the recent changes to the HECM mean for you
• Foreclosure cloud grows as seniors face failings of a past system
• Researcher rebuts the CFPB’s attack on using a HECM in Social Security planning
• Former HUD official expresses concerns on higher costs from HECM change
  
  

Reverse Focus Weekly- Episode #479

Talking Points

• CFPB warns against delaying Social Security with a HECM
• Mr. Cooper has officially arrived
• Home Mortgage Disclosure Act rules relaxed for HECM
• Texas HECM originators have a clean record

Reverse Focus Weekly- Episode #478

Talking Points:

• The Financial Assessment has significantly reduced HECM defaults says study
• One lender’s creative solution to overcome the most vexing H4P hurdle
• What does the video game Minesweeper and retirement have in common?
• Men & Women’s retirement needs are unique