Comments on: No HVCC for Reverse Mortgage Industry Says FHA Commissioner http://reversemortgagedaily.com/2009/08/25/no-hvcc-for-reverse-mortgage-industry-says-fha-commissioner/ Reverse Mortgage News and Information Sat, 26 May 2012 06:42:00 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Anonymous http://reversemortgagedaily.com/2009/08/25/no-hvcc-for-reverse-mortgage-industry-says-fha-commissioner/comment-page-1/#comment-39060 Anonymous Thu, 27 Aug 2009 17:34:00 +0000 http://reversemortgagedaily.com/2009/08/25/no-hvcc-for-reverse-mortgage-industry-says-fha-commissioner/#comment-39060 Disturbing article on RMs today, Aug. 27, 2009, in the WSJ:rnhttp://online.wsj.com/article/SB10001424052970204044204574362641338197748.htmlrnrnSorry, guys. Disturbing article on RMs today, Aug. 27, 2009, in the WSJ:rnhttp://online.wsj.com/article/SB10001424052970204044204574362641338197748.htmlrnrnSorry, guys.

]]> By: Anonymous http://reversemortgagedaily.com/2009/08/25/no-hvcc-for-reverse-mortgage-industry-says-fha-commissioner/comment-page-1/#comment-39061 Anonymous Thu, 27 Aug 2009 17:18:00 +0000 http://reversemortgagedaily.com/2009/08/25/no-hvcc-for-reverse-mortgage-industry-says-fha-commissioner/#comment-39061 Ms. Campbell and Mr. Thompson certainly have wide difference of opinion. I fall in the middle somewhere, thinking that the use of funds from a RM are up to the borrower and his heirs to use the way they see fit. Putting on my financial planner hat, conversely, says use the proceeds for economic security first and fun last.rnI don't think calling people socialists and liberals, when they are trying to help many seniors out of financial binds helps much. Advertising should be free speech, but common sense says don't put all your eggs in one basket by pushing any spending that could attract the ire of regulators. (If I called them storm troopers, I would be wrong.)rnAnd before I get blasted as a liberal nut, be aware that I am basically a conservative.rn Ms. Campbell and Mr. Thompson certainly have wide difference of opinion. I fall in the middle somewhere, thinking that the use of funds from a RM are up to the borrower and his heirs to use the way they see fit. Putting on my financial planner hat, conversely, says use the proceeds for economic security first and fun last.rnI don’t think calling people socialists and liberals, when they are trying to help many seniors out of financial binds helps much. Advertising should be free speech, but common sense says don’t put all your eggs in one basket by pushing any spending that could attract the ire of regulators. (If I called them storm troopers, I would be wrong.)rnAnd before I get blasted as a liberal nut, be aware that I am basically a conservative.rn

]]> By: Anonymous http://reversemortgagedaily.com/2009/08/25/no-hvcc-for-reverse-mortgage-industry-says-fha-commissioner/comment-page-1/#comment-39062 Anonymous Thu, 27 Aug 2009 17:15:00 +0000 http://reversemortgagedaily.com/2009/08/25/no-hvcc-for-reverse-mortgage-industry-says-fha-commissioner/#comment-39062 I'm not dictating or deciding anything, I'm not in a position to, just expressing an opinion. Our industry is under attack and we need to be careful how we promote the use of RM proceeds.rn I’m not dictating or deciding anything, I’m not in a position to, just expressing an opinion. Our industry is under attack and we need to be careful how we promote the use of RM proceeds.rn

]]> By: dduck12 http://reversemortgagedaily.com/2009/08/25/no-hvcc-for-reverse-mortgage-industry-says-fha-commissioner/comment-page-1/#comment-33711 dduck12 Thu, 27 Aug 2009 15:34:53 +0000 http://reversemortgagedaily.com/2009/08/25/no-hvcc-for-reverse-mortgage-industry-says-fha-commissioner/#comment-33711 Disturbing article on RMs today, Aug. 27, 2009, in the WSJ:<br><a href="http://online.wsj.com/article/SB10001424052970204044204574362641338197748.html" rel="nofollow">http://online.wsj.com/article/SB100014240529702...</a><br><br>Sorry, guys. Disturbing article on RMs today, Aug. 27, 2009, in the WSJ:
http://online.wsj.com/article/SB100014240529702…

Sorry, guys.

]]> By: dduck12 http://reversemortgagedaily.com/2009/08/25/no-hvcc-for-reverse-mortgage-industry-says-fha-commissioner/comment-page-1/#comment-33703 dduck12 Thu, 27 Aug 2009 15:18:33 +0000 http://reversemortgagedaily.com/2009/08/25/no-hvcc-for-reverse-mortgage-industry-says-fha-commissioner/#comment-33703 Ms. Campbell and Mr. Thompson certainly have wide difference of opinion. I fall in the middle somewhere, thinking that the use of funds from a RM are up to the borrower and his heirs to use the way they see fit. Putting on my financial planner hat, conversely, says use the proceeds for economic security first and fun last.<br>I don't think calling people socialists and liberals, when they are trying to help many seniors out of financial binds helps much. Advertising should be free speech, but common sense says don't put all your eggs in one basket by pushing any spending that could attract the ire of regulators. (If I called them storm troopers, I would be wrong.)<br>And before I get blasted as a liberal nut, be aware that I am basically a conservative. Ms. Campbell and Mr. Thompson certainly have wide difference of opinion. I fall in the middle somewhere, thinking that the use of funds from a RM are up to the borrower and his heirs to use the way they see fit. Putting on my financial planner hat, conversely, says use the proceeds for economic security first and fun last.
I don't think calling people socialists and liberals, when they are trying to help many seniors out of financial binds helps much. Advertising should be free speech, but common sense says don't put all your eggs in one basket by pushing any spending that could attract the ire of regulators. (If I called them storm troopers, I would be wrong.)
And before I get blasted as a liberal nut, be aware that I am basically a conservative.

]]> By: lancejackson http://reversemortgagedaily.com/2009/08/25/no-hvcc-for-reverse-mortgage-industry-says-fha-commissioner/comment-page-1/#comment-33702 lancejackson Thu, 27 Aug 2009 15:15:24 +0000 http://reversemortgagedaily.com/2009/08/25/no-hvcc-for-reverse-mortgage-industry-says-fha-commissioner/#comment-33702 I'm not dictating or deciding anything, I'm not in a position to, just expressing an opinion. Our industry is under attack and we need to be careful how we promote the use of RM proceeds. I'm not dictating or deciding anything, I'm not in a position to, just expressing an opinion. Our industry is under attack and we need to be careful how we promote the use of RM proceeds.

]]> By: cynthiacampbell http://reversemortgagedaily.com/2009/08/25/no-hvcc-for-reverse-mortgage-industry-says-fha-commissioner/comment-page-1/#comment-33697 cynthiacampbell Thu, 27 Aug 2009 03:13:20 +0000 http://reversemortgagedaily.com/2009/08/25/no-hvcc-for-reverse-mortgage-industry-says-fha-commissioner/#comment-33697 Again, who are YOU to dictate or decide what the 'primary basis of an ad campaign' should be? Its called the First Amendment, something you big brother liberals cannot get your minds around when it is being used to promite free market/conservative ideas and concepts. But when you can use it to defend some left-wing idea or statement that YOU are trying to promote, well then it is another matter and protection of free speech becomes your GOD! Prescription meds or vacations . . . both legal uses for the money . . . both can be the 'primary basis' of an ad campaign legally and morally! Again, who are YOU to dictate or decide what the 'primary basis of an ad campaign' should be? Its called the First Amendment, something you big brother liberals cannot get your minds around when it is being used to promite free market/conservative ideas and concepts. But when you can use it to defend some left-wing idea or statement that YOU are trying to promote, well then it is another matter and protection of free speech becomes your GOD! Prescription meds or vacations . . . both legal uses for the money . . . both can be the 'primary basis' of an ad campaign legally and morally!

]]> By: jsmaldone http://reversemortgagedaily.com/2009/08/25/no-hvcc-for-reverse-mortgage-industry-says-fha-commissioner/comment-page-1/#comment-33694 jsmaldone Wed, 26 Aug 2009 23:54:08 +0000 http://reversemortgagedaily.com/2009/08/25/no-hvcc-for-reverse-mortgage-industry-says-fha-commissioner/#comment-33694 Cynthia,<br><br>Thank you very much, I appreciate your response. You are right in what you have said. I ask myself, why are they doing this to our industry. <br><br>I wonder if our politicians realize by doing what they are doing to the Reverse Mortgage industry it will be cutting off a main source of funds or income to our seniors. We know that no one can live on social security alone. Is this being done because of some master plan that is in the works that the American people don't know about?<br><br>You have to wonder anymore, nothing much these days make sense? Well, I did not mean to ramble on Cynthia, it just does not seem right what has been taken place in our country. You have a good evening and thank you again.<br><br>My best,<br><br>John A. Smaldone Cynthia,

Thank you very much, I appreciate your response. You are right in what you have said. I ask myself, why are they doing this to our industry.

I wonder if our politicians realize by doing what they are doing to the Reverse Mortgage industry it will be cutting off a main source of funds or income to our seniors. We know that no one can live on social security alone. Is this being done because of some master plan that is in the works that the American people don't know about?

You have to wonder anymore, nothing much these days make sense? Well, I did not mean to ramble on Cynthia, it just does not seem right what has been taken place in our country. You have a good evening and thank you again.

My best,

John A. Smaldone

]]>