May 20th, 2009 |
by John |
published in
Marketing, News, Reverse Mortgage, Technology
LTC Expert Publication’s announced that it’s expanding LTC Social Mark 2.0 program to other industries after seeing how successful it was for senior service providers. The program helps companies get involved in the basics of social media marketing. Originally developed for the busy elder care, home care, or senior service provider business owner in February [...]
May 20th, 2009 |
by John |
published in
News, Reverse Mortgage, Training
Reverse Mortgage Daily and Sam Collins will be presenting another free training program session on Wednesday, June 3, 2009 at 2pm EST. Due to the success of Sam’s first training session on how to start a blog, he will be conducting a follow up session titled Secrets to Blogging 201. In Secrets to Blogging 201, [...]
May 19th, 2009 |
by Neil |
published in
News, Reverse Mortgage
A recent 17 percent year-over-year increase in reverse mortgage lending has brightened the mood among industry professionals who are exhorting colleagues now to step up their game further. The FHA insured 11,261 HECMs in March – that’s 17 percent higher than the same month last year. Spurred on by the American Recovery and Reinvestment Act [...]
May 19th, 2009 |
by John |
published in
News, Reverse Mortgage
Mortgage Orb journalist Phil Hall writes that while many sectors have either crashed or are struggling to stay active, one mortgage product is showing no signs of slowing down: reverse mortgages. In The Hope From Reverse Mortgages, Hall covers how the relatively unknown product has such big potential in the marketplace. "We’re developing more seniors [...]
May 19th, 2009 |
by John |
published in
News, Rates, Reverse Mortgage
As predicted, today the average HECM borrower will see their initial benefits increase by $2,500. After tomorrow, the next rate change will not be until Wednesday, May 27th — Ibis won’t predict that far in advance, BUT today the 10-year Treasury is up by nine basis points. If that holds, this week’s $2,500 gain will go [...]
May 18th, 2009 |
by John |
published in
Legislation, News, Reverse Mortgage
Several bills were sent to Minnesota Governor Tim Palenty last week and one of those was SF 489/FH 528 which was passed by the Senate and House by a vote of 65-2 and 97-31 respectively. The bill includes several important changes which could negatively impact reverse mortgage lenders in the state of Minnesota. Beth Paterson [...]
