Reverse Mortgage News by HECMWorld

Reverse Fortunes Weekly- Episode #148

Talking Points:

• LO Compensation Rule Delayed: Appeals court issues administrative stay
• Industry moves to have AARP & HUD settle issues outside of the courts
• Deficit Saver: The reverse mortgage as a tool reducing entitlement program expenditures?

Knowledge & Insight: Keys to a successful appraisal, where to market and areas to avoid Part 2 of our interview with Brian Coester of Coester Appraisal Group

Reverse Fortunes Weekly- Episode #147

Talking Points:

• Financial Freedom exits reverse mortgage industry
• Good news: RM application up 10% in February
• NPR interviews AARP counsel on HUD lawsuit

Knowledge & Insight: Appraisal Frustration Brian Coester of the Coester Appraisal Group gives some insight on ways to increase your appraisal success Part 1/2 interview

Reverse Fortunes Weekly- Episode #146

Talking Points:

• RMS to expand into loan origination
• NRMLA to Fed: "delay compensation rule"
• Pilot program cures tax and insurance defaults

Knowledge & Insight: Where will your leads come from this year?

Reverse Fortunes Weekly- Episode #145

Talking Points:

• Fixing the gap
• Trends for 2011
• Condo boards: Not reverse friendly

Knowledge & Insight: Time Blocking: How you can begin today...

Reverse Fortunes Weekly- Episode #144

Talking Points:

• Wells Fargo leaves broker channel
• Less profit, lower lead costs?
• Security One hires former B of A exec

Knowledge & Insight: Testing the waters: Why public seminars still work

Reverse Fortunes Weekly- Episode #143

Talking Points:

• It takes a village for boomers
• Appraiser Management Company to launch smartphone app
• Trade groups line up to sue Federal Reserve over compensation rule

Knowledge & Insight: Credit underwriting for reverse mortgages: A closer look

Reverse Fortunes Weekly- Episode #142

Talking Points:

• The money is here
• No HECM Subsidy. Really? Here's why
• Gone before their eyes: Home depreciation and the recession
• Public employees may need reverse

Knowledge & Insight: Getting your paperwork under control: The power of 43 Folders

Reverse Fortunes Weekly-Episode #141

Talking Points:

• Another lender exits
• Home equity lending rebounds: why it's an opportunity
• Fed's compensation rule: why it may cost borrowers more

Knowledge & Insight: Protecting your potential borrowers from rising interest rates

Reverse Fortunes Weekly-Episode #140

Talking Point:

• Bank of America exits reverse business
• LTC needed but not a priority in planning for
• Ending unethical advertising

Knowledge & Insight: Part 2/2 of our interview with Jim Veale The truth behind the numbers for our industry

Reverse Fortunes Weekly- Episode #139

Talking points:

• Fox takes softer approach on reverse mortgages this time
• Round the clock counseling for borrowers in default
• Reuter's covers Tax & Insurance default problem

Knowledge & Insight: Part 1/2: "The truth behind the numbers" with Jim Veale HUD's latest statistics reveal some great insight. What it means for you.