Reverse Mortgage News by HECMWorld

Reverse Fortunes Weekly - Episode #106

Talking Points:

• Private label reverses needed
• Is our industry's "turn-around" just ahead?
• Fonzie's here to promote reverse mortgages
• Just how high can the retirement age go?

Knowledge & Insight: New Media: Are you ready? Will tomorrow's retiree find you?

Reverse Fortunes Weekly- Episode #105

Talking Points:

• McCaskill: HECM=Subprime crisis?
• RM Securities: change making investors nervous
• Too few counselors or too many misconceptions?
• New spokesman for AAG
• Reverse Fortunes brings Loan Origination integration to CRM

Knowledge & Insight: Analysis & commentary of McCaskill's comments on HECMs

Reverse Fortunes Weekly- Episode #104

Talking Points:

• Consumer Reports: Is balanced reporting their product?
• Appropriation for HECM unlikely? Don't panic yet.
• Canadians go big with reverse
• Security One Lending takes the hassle out of NMLS

Knowledge & Insight: Legislative Roundup

Reverse Fortunes Weekly- Episode #103

Talking Points:

• Customized pricing for consumers?
• Must issue certificate…
• Greek crisis coming to America?
• New advocacy group for HECM
• Legislative roundup

Knowledge & Insight: "Fence Sitters". When waiting makes no sense

Reverse Fortunes Weekly- Episode #102

Talking Points:

• No good deed goes unpunished
• Focus on cost or proceeds?
• Massachusetts to require face-to-face counseling
• Elderly homeless used by scammers
• Net worth for FHA mortgagees to increase
• FHA MIP is free?
• Avision to help financial institutions "go reverse"

Knowledge & Insight: Regaining Focus: What is your plan?

Reverse Fortunes Weekly- Episode #101

Talking Points:

• Non-borrowing spouse time bomb draws HUD's attention
• "Spring Sale": reduced HECM pricing
• "Needed now more than ever": An appeal for budget subsidy request
• Private family reverse mortgages
• "Do you really, really want a reverse mortgage?"

Knowledge & Insight: Set yourself apart. Unique communication making you memorable to your prospects.

Reverse Fortunes Weekly- Episode #100

Talking Points:

• RM recovers stolen funds
• Uptick in loan volume
• Arizona, Louisiana & Missouri HECM legislation recap
• Reverse 123 to host weekly radio program
• Retirement calculator pitfalls
• Are principal limit cuts forcing innovation?

Knowledge & Insight: Eliminating fees: Good news? Bad news?

Reverse Fortunes Weekly-Episode #99

Talking Points:

• NY Times: RMs less costly, but still expensive
• Top five unexpected costs of retirement
• Goodbye Meg, you will be missed
• The great giveaway: what lenders are doing to attract customers
• Torrey Larsen: bullish on long-term prospects of HECM future

Knowledge & Insight: The 10-80-10 Rule: Which one are you and your clients when it comes to survival?

Reverse Fortunes Weekly- Episode #98

Talking Points:

• Throw away the key! Reverse Mortgage Fraudsters facing serious time
• Consumer letter applauds reverse mortgage and originator
• Another drop for RM production?
• Fed Chairman: "We must take action..."
• Jeff Taylor Interview: What lies ahead
• Lower fixed rate product offered

Knowledge & Insight: Part Two of our interview with NRMLA's President Peter Bell

Reverse Fortunes Weekly- Episode #97

Talking Points:

• No Fees? How Long?
• Pay to stay? Financial underwriting for borrowers
• RESPA backlash
• Home improvement does not equal reverse mortgage loan
• Day of reckoning: Social Security now paying more than it collects
• Long Term Care: either way the home equity is tapped.

Knowledge & Insight: Part 1 of 2 of our interview with NRMLA President Peter Bell