Reverse Mortgage News by HECMWorld

Reverse Focus Weekly- Episode #279

Talking Points:

• New Rules Could Revive Reverse Mortgage Lending
• Home affordability varies widely
• GE designs home of the future for aging in place 
• Incorrect data to CFPB can be expensive

Reverse Focus Weekly- Episode #278

Talking Points:

• More will need reverse mortgage to retire debt
• Court rules to protect non-borrowing spouses
• Privacy rules bend in favor of reporting suspected elder financial abuse
• Government shutdown impacting mortgage market

Reverse Focus Weekly- Episode #277

Talking Points:

• Consumer Financial Protection Bureau issues rule reference guide
• HUD clarifies changes in recent mortgagee letter
• FHA may seek bailout from Treasury
• HECM changes a spark for our industry’s revival?

Reverse Focus Weekly- Episode #276

Talking Points:

• Financial Advisor: Not a Loan of Last Resort
• Security One Lending launches advisory board with financial experts
• Not slowing down: The Fed to continue economic stimulus measures
• CFPB hands down record fine

Reverse Focus Weekly- Episode #275

Talking Points:

• First Lender Exits on heels of HECM Overhaul
• Now’s your chance. HUD Seeking industry input on financial assessment
• RMD recaps our largest national webinar last week
• NRMLA seeks 17 clarifications in letter to HUD

Reverse Focus Weekly- Episode #274

Podcast Stories:

• Chicago Tribune: Reverse Mortgage Changes Protect Seniors
• Home Price Increase Not Sustainable
• Principal Limit Factors Slashed in HECM Program Overhaul
• ReverseVision Now Integrates with Appraisal Services

Reverse Focus Weekly- Episode #273

Talking Points: 

• Home prices return with a vengeance
• Program change deadline doesn’t justify emergency HUD counseling
• The Baby Bummer Money Drain
• WSJ: Change is almost here 
  

Reverse Focus Weekly- Episode #272

Podcast Stories:

• It’s a whole new world for reverse mortgages soon...
• AARP laments lack of public input for reverse mortgage changes
• Still not saving for retirement
• Get one now, whether you need it or not

Reverse Focus Weekly-Episode #271

Podcast Stories:

• It’s Official. President signs Reverse Mortgage Stabilization Act into law
• Housing Bubble again? Not quite
• It takes a village to age in place

Reverse Focus Weekly-Episode #270

Talking Points

• Lender’s Welcome Reform: Details still unknown
• Investment Group’s Earning soar after reverse acquisitions
• LO Comp Rule to soon impact reverse originators
• AAG Bullish despite upcoming product changes