Comments on: Product Launched to Help Originators Grow Reverse Mortgage Business

By: Anonymous

Anonymous — Fri, 11 Dec 2009 04:43:00 +0000

Thank Heavens we have some dedicated professionals who check these so called companies out. Do they advertise on RMD?rnThe posting sounds like a commercial for them. Admin-Did you check them out before posting this garbage?

By: treverse

treverse — Fri, 11 Dec 2009 02:43:47 +0000

Thank Heavens we have some dedicated professionals who check these so called companies out. Do they advertise on RMD?
The posting sounds like a commercial for them. Admin-Did you check them out before posting this garbage?

By: Anonymous

Anonymous — Thu, 10 Dec 2009 22:10:00 +0000

Oh, I forgot, the equity income is FOR LIFE. Are they selling annuities as part of the package or is this really the way they market reverse mortgages??? Do I ever have a lot to learn from these experts!!! They are actually going to charge for this stuff???rnrnOne more delightful morsel, they call one of their items “Home Equity Conversion Mortgage BENEFITS Package.” Don’t you just love it?

By: Anonymous

Anonymous — Thu, 10 Dec 2009 21:44:00 +0000

Their marketing package in Step 6 needs to be reported to NRMLA. The first thing in the right hand corner is an image of a u201cUncle Samu201d pointing out saying u201cUncle Sam wants to help you.u201d Then on everything they label proceeds as equity income. This is a mortgage not income from equity. Who are these self proclaimed industry experts kidding? rnrnAs usual there is no concern for content. This stuff is at best dangerous. Are they NRMLA members? Since Mr. Peter Bell reads these comments I will assume, they have been reported.rnrnWho are these alleged industry experts? Their names need to be exposed to the light of day.rn

By: The_Cynic

The_Cynic — Thu, 10 Dec 2009 20:10:23 +0000

Oh, I forgot, the equity income is FOR LIFE. Do I ever have a lot to learn from these experts.

By: The_Cynic

The_Cynic — Thu, 10 Dec 2009 19:44:14 +0000

Their marketing package in Step 6 needs to be reported to NRMLA. The first thing in the right hand corner is an image of a “Uncle Sam” pointing out saying “Uncle Sam wants to help you.” Then on everything they label proceeds as equity income. This is a mortgage not income from equity. Who are these self proclaimed industry experts kidding?

As usual there is no concern for content. This stuff is at best dangerous. Are they NRMLA members? Since Mr. Peter Bell reads these comments I will assume, they have been reported.

Who are these alleged industry experts? Their names need to be exposed to the light of day.

By: jamesanelson

jamesanelson — Thu, 10 Dec 2009 19:35:41 +0000

The only compliments I work for are from my Wife who says I leave a lot to be desired and my FHA Clients who suspect (and eventually learn) that
my first interest is always what is best for them. By the way, Mr. Critic,
you wouldn't be an Executive, Owner or Lobby God would you? Boy, would I have fun working for you!

By: The_Critic

The_Critic — Thu, 10 Dec 2009 19:30:10 +0000

I almost agreed with you until I got to your last sentence. You really make it hard on someone to find a way to compliment you. Honest, no felonies, and care for seniors — these are the right qualities to start with. Then add in a good dose of self-motivation, desire, a strong work ethic, compassion, and a lot of conern for seniors and you have the foundation for a good HECM originator.