Reverse Mortgage News by HECMWorld

Reverse Focus Weekly- Episode #332

Talking Points:

• Reverse Mortgages critical to retirement income says PlanAdvisor
• Study shows elder financial abuse still widespread
• Banks say compliance burden & costs unsustainable
• Average mortgage loan age still on the rise

Reverse Focus Weekly- Episode #331

Talking Points:

• Wall Street Journal: The Retirement Crisis is Real
• Moderating home prices signal future market decline
• Mortgage debt on the rise for those 60 years and older
• Generation Mortgage to cease reverse mortgage originations

Reverse Focus Weekly- Episode #330

Talking Points

• Face to Face Counseling Woes: Massachusetts Works to Address Problems
• Still Not on Board: Bloomberg Notes Many Financial Advisors are Not Sold on Reverse Mortgages
• Home Equity for Older Americans Reaches New Highs
• Real Estate Professionals Beginning to Cater to Older Adults

Reverse Focus Weekly- Episode #329

Talking Points

• Proceed with caution before taking a reverse mortgage says Boston Globe
• Analyst predicts a 15% drop in home values
• Will we repeat 2012 again?
• Mom, where’s my inheritance? Dallas News addresses reverse mortgage heirs

Reverse Focus Weekly- Episode #328

Talking Points:

• Poised for a comeback?
• Not moving but staying put says Trulia
• HECM securities signal growth
• Knowledge gap: American’s and mortgage knowledge

Reverse Focus Weekly- Episode #327

Talking Points:

• Industry adapting on all fronts
• Crusade launched against elder abuse by DOJ
• Florida’s reverse mortgage assistance program marches on
• Bill aims to make getting a mortgage easier

Reverse Focus Weekly- Episode #326

Talking Points:

• Report says senior housing situation dire but reverse mortgages can help
• No revision of Condo lending guidelines yet says FHA
• Reverse mortgage volume hits low with declines in 10 regions
• CFPB puts credit card companies on notice for deceptive marketing practices

Reverse Focus Weekly- Episode #325

Talking Points:

• Baby Boomer Debt Limits Future Reverse Mortgage Market Potential
• Mortgage Professional group says reverse mortgages a must in product offering mix
• After divorce a reverse mortgage may help smooth a bumpy road
• The Massachusetts Mess: Face to Face counseling rule changes

Reverse Focus Weekly- Episode #324

Talking Points:

• Loan volume is up despite recent reports
• Surprise: Stated-Income loans return
• LA Times: Consider reverse mortgage before buying in-law’s home
• Taking charge of the reverse mortgage process as a consumer

Reverse Focus Weekly- Episode #323

Talking Points:

• FHA Commissioner to Depart by year’s end
• Good news for HECM Purchase: 55+ Market Home Sales Rise
• FICO more forgiving on medical debts for credit scores
• Walter Investment: Short & Long Term Industry Outlook