Reverse Mortgage News by HECMWorld

Reverse Focus Weekly- Episode #322

Talking Points:

• HECM Purhcase: More Options for Seniors
• Bankrate article: No longer a last resort
• New Non-Borrowing Spouse policy problematic in Texas
• Fox News: Remarriage tricky with reverse mortgage

Reverse Focus Weekly- Episode #321

Talking Points:

• Loan volume projected to fall below 2012 benchmark
• Outstanding debt and reverse mortgages
• Home price appreciation pumping the brakes
• Senior financial confidence on the rise

Reverse Focus Weekly- Episode #320

Talking Points:

• Not Dead Broke? HECM may be a good option
• Senior housing developer launches HECM for Purchase seminars
• Some markets may not recover until 2017
• Reverse lender sees opportunity in market changes

Reverse Focus Weekly- Episode #319

Talking Points:

• Do not use these words in advertising says survey
• The strongest & weakest housing markets. Which is yours?
• CFPB clarifies lending to same-sex couples
• NRMLA issues ethics advisory on HECM to HECM refinancing

Reverse Focus Weekly- Episode #318

Talking Points:

• California presents another onerous reverse mortgage bill
• New industry TV campaign begins in test markets
• 18 month low: reverse mortgage volume down 
• Planning needed prior to 2030 retirement meltdown

Reverse Focus Weekly- Episode #317

Talking Points:

• Home values still undervalued says Trulia
• NY reverse lender faces settlement for advertising
• Pennsylvania surprise: reverse volume shows new trend
• Nationstar exits reverse mortgage industry
• CFPB boondoggle: Renovation costs spark criticism

Reverse Focus Weekly- Episode #316

Talking Points:

• Long way to go: Only 7% of Financial Advisors suggest reverse mortgages
• New protection for surviving and younger reverse mortgage spouses
• Look before jumping says CSA group
• Wholesale sales drag down overall HECM volume

Reverse Focus Weekly- Episode #315

Talking Points:

• HUD shuts down open-ended fixed rate HECM loans
• FHA warns against product steering in advertising
• The big ugly: FHA clarifies non-borrowing spouse foreclosure timeline
• NRMLA’s response to Tamp Bay Times article appears in Op-Ed

Reverse Focus Weekly- Episode #314

Talking Points:

• Not a short term fix: Chicago Tribune
• Breaking even is reasonable with falling mortgage profits
• Reverse mortgages poised to boom: CBS MoneyWatch
• AAG launches HECM with 5% lifetime cap

Reverse Focus Weekly- Episode #313

Talking Points:

• Product changes spur new marketing focus
• Making the adjustment: Lenders speak out
• Over half strugging to make mortgage payments
• New product suspended after Ginnie Mae ruling