Reverse Mortgage News by HECMWorld

Reverse Focus Weekly- Episode #249

Talking Points:

• Kill switch turned off for another year
• Lending Tree goes Reverse
• Welcome Back. Oregon allows reverse borrowers back into property tax deferral program
• Budget Pain. Political infighting leads to HUD furloughs and partial closures

Reverse Focus Weekly- Episode #248

Talking Points:

• GAO Cites Real Cause of Reverse Mortgage Woes
• Misconceptions on Baby Boomer Marketing
• The Hidden Kill Switch: Reverse Mortgage Loan Cap
• After home prices rebound what’s our next challenge?

Reverse Focus Weekly- Episode #247

Talking Points:

• Senators pen to making changes to reverse mortgage program
• CFPB in “Legal Jeopardy”
• Minnesota Attorney General wants to “put brakes on” reverse mortgages
• Foreclosures down significantly last year

Reverse Focus Weekly- Episode #246

Talking Points:

• Surprise! It’s a sellers market
• More ‘Boomers’ say home equity is part of their plan
• Weighing the impact of program changes
• Chamber of Commerce speaks out on CFPB

Reverse Focus Weekly- Episode #245

Podcast Stories:

• Investor appetite remains despite product changes
• GAO calls FHA “high risk”
• AARP: Changes could make loan less appealing
• Extreme Makeover: Choices still remain for reverse borrowers

Reverse Focus Weekly- Episode #244

Talking Points: A good omen or uphill battle? Our Industry Needs Better PR A Program Under Construction The Next Countrywide?

Reverse Focus Weekly- Episode #243

Talking Points:

• A sign of counseling problems?
• Being broke isn’t easy to explain
• Mortgage Professor says product moratorium makes no sense
• Urban for sells says parent company Knight Capital

Reverse Focus Weekly- Episode #242

Talking Points:

• New appraisal rules: what you should know
• Qualified Mortgage rule could hurt housing recovery
• HUD Counseling to be funded differently
• 24 States adopt national state test for SAFE MLO

Reverse Focus Weekly- Episode #241

Talking Points:

• Anticipated mortgagee letter spelling out changes expected end of this month
• LO Compensation rule to be finalized this week
• Bank of America to resume mortgage lending
• Will acquisitons of reverse lenders continue?

Reverse Focus Weekly- Episode #240

Talking Points:

• A long time coming says AARP
• Will rising costs squeeze out smaller lenders?
• Non-Borrowing spouse lawsuit revived
• Were Reverse Mortgages Too Good A Deal?