Reverse Mortgage News by HECMWorld

Reverse Focus Weekly- Episode #357

Talking Points:

• CNBC: Financial planners still not sold on reverse mortgages
• Heavy Price: These states have the highest property taxes
• Buying more affordable than renting
• Aging in place forcing Boomers to reconsider aging in place

Reverse Focus Weekly- Episode #356

Talking points:

• HUD updates math for Lifetime Expectancy Set Aside
• Motley Fool says avoid these reverse mortgage scams
• Online appraisals coming for reverse mortgages
• HUD appoints new FHA leader

Reverse Focus Weekly- Episode #355

Talking Points

• Crowdfunding effort assists HECM non-borrowing spouse
• Retiring? You may want to consider these states first
• Retirement improving but still shaky for many
• Beginning of a new era: Industry weighs in on Financial Assessment

Reverse Focus Weekly- Episode #354

Talking Points:

• Reverse mortgage just one way to increase after tax wealth
• Reports of retirement preparedness conflicted
• NRMLA meeting in New York to highlight Financial Assessment and Social Security
• The motivations behind baby boomers buying or selling a home

Reverse Focus Weekly- Episode #353

Talking Points:

• HELOC Bomb Bigger than Expected
• 15 Mistakes to Avoid when Marketing to Baby Boomers
• Court rules on overtime pay for loan officers
• Wall Street Journal: HECM could boost retirement by 30%

Reverse Focus Weekly- Episode #352

Talking Points:

• BNY Mellon ready to launch reverse operations
• Connecticut eyes required face to face counseling
• 40% of home equity held by older households
• Retirement age is slightly rising but leveling off

Reverse Focus Weekly- Episode #351

Talking Points:

• New date announced for Financial Assessment
• “On the right track”. Report to Congress on reverse mortgage program
• More money: Urban improves lending ratio for Home Safe jumbo product.
• Slow down: Housing recovery stalling says report

Reverse Focus Weekly- Episode #350

Talking Points:

• 3 Reasons to Tap Into Home Equity
• Federal Savings Bank Targets HECM Expansion
• California Offers Help to Reverse Borrowers
• Australian Proposal for Mandatory Reverse Mortgages

ReverseFocus Weekly- Episode #349

Talking Points:

• CFPB issues tips for reverse mortgage borrowers
• A source of wealth: Retirees tapping home equity
• CFPB dings New Day Financial for advertising
• CFPB reveals top reverse mortgage complaints

Reverse Focus Weekly- Episode #348

Talking Points:

• Reverse Mortgage interest surges prior to assessment
• Interest is up but endorsements flat as Financial Assessment approaches
• HUD seeks revision to National Housing Act & budget for non-borrowing spouses
• Reverse mortgage could solve number one retirement worry