Reverse Mortgage News by HECMWorld

Reverse Focus Weekly- Episode #477

Talking Points

• Counselors see more savvy applicants after the Financial Assessment
• What comes after the LIBOR index is retired?
• Seniors losing 25% of their income to medical expenses
• New HECM lender enters market

Reverse Focus Weekly- Episode #476

Talking Points:

• Walter Investment could enter Chapter 11 Bankruptcy
• HECM lenders software focuses on attracting forward brokers
• Ocwen posts loss of $44 million
• Seniors immune to downturn in home ownership

Reverse Focus Weekly- Episode #475

Talking Points

• Why Oregon’s reverse mortgage advertising law has national implications
• LIBOR index to be abandoned in wake of scandal
• Overseas and at home retirement stress will boost reverse mortgages
• More HECM originators working today than last year

Reverse Focus Weekly- Episode #474

Talking Points:

• CFPB head could be on his way out
• Ocwen pays $65 million to settle suit
• Social Security could hit historic lows
• Financial planners remain skeptical on home equity

Reverse Focus Weekly- Episode #473

Talking Points:

• Blind ‘taste test’ featured in new reverse mortgage ad
• HECM lender banned due to fraud charges
• Retirement blogger compares HELOCs to reverse mortgage
• Oregon law tightens reverse mortgage advertising restrictions

Reverse Focus Weekly- Episode #472

Talking Points

• Stop being squeamish about the reverse mortgage
• The New York Times got it all wrong about reverse mortgages
• The Reverse Review shifts focus to outside professionals
• Older mortgage borrowers complain the most in these states

Reverse Focus Weekly- Episode #471

Talking Points:

• A reverse mortgage for every income bracket
• Lead generation company launches new website
• Pay off mortgage and get a HECM line of credit
• Tom Selleck asks “Why not use home equity?”

Reverse Focus Weekly- Episode #470

Talking Points:

• The Fed raises interest rates for the 2nd time in 2017
• A metric indicating industry growth? You decide
• AAG’s CEO featured in Forbes Magazine
• Treasury Department piles onto CFPB

Reverse Focus Weekly- Episode #469

Talking Points

• HECM endorsements remain flat after Financial Assessment
• Secretary Carson discusses HUD austerity, not reverse mortgage program
• California’s largest broker expands HECM lending with training program
• Taking Social Security early has long-term costs

Reverse Focus Weekly- Episode #468

 

• Republican & Democratic senators quest Trump’s HUD budget
• The risks and rewards of working with a financial advisor
• Canadians see the need and value of reverse mortgages
• CFPB complaints down among older consumers