Reverse Mortgage News by HECMWorld

Reverse Fortunes Weekly- Episode #229

Talking Points:

• Pendulum Swing: Media goes negative on reverse mortgages
• Pointing the finger: AARP says reverse evictions violate terms
• Shining star- Urban is bright spot in dark financial quarter
• Umbrella of protection: Lenders may find some with CFPB

Reverse Fortunes Weekly- Episode #228

Talking Points:

• Fallthough rate and counseling costs
• Paying for past sins- Wells Fargo sued
• No Fee, No Cost- Not so fast says NRMLA advisory
• Counseling funding winding down

Reverse Fortunes Weekly- Episode #227

Talking Points

• No seat at the table
• Interested but not closing
• Remembering an industry pioneer
• Surprise: State promotes reverse as way to fund long term care

Reverse Fortunes Weekly- Episode #226

Talking Points:

• The new landscape of reverse lending
• State-Chartered bank sweet spot
• States sue against Dodd-Frank Act

Reverse Fortunes Weekly- Episode #225

Talking Points:

• Don’t wait if you want larger line of credit
• There’s a new sheriff in town
• Will reverse brokers outperform retail?
• New counseling disclosure problematic

Reverse Fortunes Weekly- Episode #224

Talking Points:

• California: They MUST unless they say no
• Will big banks return again?
• Last salvo from the Fed?
• On the brink of poverty: Living thin on social security

Reverse Fortunes Weekly- Episode #223

Talking Points:

• Buckets of Money Strategy lands radio personality in hot water
• How they take their money makes a difference
• RMS Purchased by Investment Group
• Big Banks no longer hold marketshare

Reverse Fortunes Weekly- Episode #222

Talking Points: (Happy Labor Day!)

• LO Comp for reverse mortgages uncertain
• It is a scam?
• Mortgage bound for life?
• Government’s outlook on housing and lending

Reverse Fortunes Weekly- Episode #221

Talking Points:

• Missing Out on a lifetime chance? (CFPB comments)
• Abuse Epidemic (senior financial abuse)
• Not all leads are created equal
• The elephant in seniors room

Reverse Fortunes Weekly- Episode #220

Podcast Stories:

• Who’s more motivated? Online or TV leads.
• State Attorney General Warns about reverses.
• Against all odds: Industry still growing
• The Bureau to go undercover