Reverse Fortunes Weekly Podcast: Episode #57 Regulator’s comments stir controversy in reverse industry New Podcast on Reverse Fortunes Weekly.  Keep up to date on industry news and trends along with training and interviews in this exciting weekly podcast. To listen login or become a free member to listen to past & current episodes. Regulator’s comments [...]

The media continues to dwell on the speech given by Comptroller of the Currency’s John Dugan at the ABA’s Regulatory Compliance Conference and Generation Mortgage’s Jeff Lewis continues to fight back. I think it’s fair to say that Lewis has become the media’s go to guy for reverse mortgage commentary and over the past few [...]

Next Generation Financial Services, a Division of 1st Mariner Bank announced that JoAnna Bignell and Peter Klamkin have been added as regional managers.  The new hires will help NGFS expand its originator base which it hopes to bring to 100 by the end of 2009. “We have expanded our recruiting to include experienced Reverse Mortgage [...]

Here are a few of the new jobs posted to Reverse Mortgage Jobs Online: Team Leaders Wanted (California) American Advisors Group Reverse Mortgage Originator (Nationwide) Allied Mortgage dba Reverse Ultra Reverse Mortgage Originators (California) The Senior Equity Group, Inc. Vice President of Sales (Reverse Mortgage) (California) Paramount Equity Mortgage It only costs you $1 a day to reach the [...]

While states like California and Florida get most of the attention in the reverse mortgage industry, there is lots of buzz about Puerto Rico being the next big hotspot for reverse mortgages.  After a bit of research it became obvious that the business in Puerto Rico is dominated by one company, Money House. Money House [...]

As older homeowners struggle to find new sources of retirement income, growing numbers are starting to tap their housing wealth by using home-equity loans or reverse mortgages.  A new report from MetLife Mature Market Institute calls for a more comprehensive approach to ensure that this asset is used appropriately and effectively to deal with the [...]