California’s Senate Committee on Banking, Finance, and Insurance passed a new version of AB 329 by a 9-2 vote on Tuesday and is being referred to the Committee on Judiciary according to the Senate’s website. AB 329 includes provisions which prohibit any person who participates in the origination process from requiring an applicant to purchase [...]

Reverse mortgages continue to be a hot topic in the mainstream media ever since the Office of the Comptroller of the Currency’s John Dugan expressed his concern about reverse mortgages at the American Bankers Association’s Regulatory Compliance Conference.  Earlier this week, the coverage continued with both the CBS Early Show and NBC’s Today Show airing [...]

Here are a few of the new jobs posted to Reverse Mortgage Jobs Online: Reverse Loan Officer (Atlanta) Retire Secure LLC Vice President of Sales (Reverse Mortgage) California (Paramount Equity Mortgage) Reverse Mortgage Careers (Multiple) Equitable Reverse Mortgage Company Reverse Mortgage Specialist (Georgia Cities) AAXA Mortgage It only costs you $1 a day to reach the best and brightest [...]

The reverse mortgage industry let out a sigh of relief when Minnesota’s Governor vetoed a bill which would’ve hurt the reverse mortgage industry and seniors living in the state.  The person who spear headed the introduction of SF 489 was Minnesota’s Attorney General Lori Swanson.  Ms. Swanson was not happy that the bill was vetoed [...]

First American Title Insurance Co. announced that Amigh Berry and Matthew Lichtner have been named as national account directors for the company’s Trusted Reverse Transactions division.    Based in Northern California, Berry will oversee the division’s nationwide sales efforts.  She brings over 7 years of experience in the title and escrow industry and over 2 years [...]

Reverse Mortgage Daily and Monte Rose are pleased to present another free training session where Monte will show you a Formula for Reverse Mortgage Success on Wed July 1st at 12pm (EST).  Whether you lead a sales organization or are a loan officer, the formula can be applied effectively. Additionally, he will “pull back the [...]