Comments on: With Industry Support, NRMLA Public Affairs Campaign Moves Forward http://reversemortgagedaily.com/2010/04/12/with-industry-support-nrmla-public-affairs-campaign-moves-forward/ Reverse Mortgage News and Information Mon, 13 Feb 2012 00:19:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Anonymous http://reversemortgagedaily.com/2010/04/12/with-industry-support-nrmla-public-affairs-campaign-moves-forward/comment-page-1/#comment-38735 Anonymous Wed, 14 Apr 2010 18:14:00 +0000 http://reversemortgagedaily.com/2010/04/12/with-industry-support-nrmla-public-affairs-campaign-moves-forward/#comment-38735 HECM_Dude,rnrnYes, most of us know that to be true but are you saying this endeavor is worthless or not worth the cost that will be incurred? If so, I believe you are wrong.rnrnHandled as stated, this campaign could bring out aspects of this product that few in this industry have imagined. We have some in the industry who speak confidently about things they have no idea about. Hopefully, this campaign will correct the well meaning but misdirected and misguided message some emphasize.rnrnFor example, I attended one education presentation where the instructor was going to inform us about a specific use of this product in financial planning. Unfortunately the presenter did not understand the basics of the discipline on which the presentation was focused. What a waste of time!!!!rnrnWe also have those who teach financial professionals about HECMs but have little idea of when this product actually becomes a tool so their arguments become very muddied, very quickly. Despite their profuse proclamations, they have had little, if any, positive impact on the financial planning community even in those localities where they are most focused. Others have little idea what the difference is between a financial and cash management tool. We need a clear and dramatically different message on these subjects.rnrnMr. Peter Bell has done a great job in assuring many of us that this program will be done in a very professional manner. If it does 50% of what has been presented, it will do much to change the focus of why seniors need this product -- in a very positive manner. It is a low cost campaign that we need to support both financially and vocally or it will be ineffective.rn HECM_Dude,rnrnYes, most of us know that to be true but are you saying this endeavor is worthless or not worth the cost that will be incurred? If so, I believe you are wrong.rnrnHandled as stated, this campaign could bring out aspects of this product that few in this industry have imagined. We have some in the industry who speak confidently about things they have no idea about. Hopefully, this campaign will correct the well meaning but misdirected and misguided message some emphasize.rnrnFor example, I attended one education presentation where the instructor was going to inform us about a specific use of this product in financial planning. Unfortunately the presenter did not understand the basics of the discipline on which the presentation was focused. What a waste of time!!!!rnrnWe also have those who teach financial professionals about HECMs but have little idea of when this product actually becomes a tool so their arguments become very muddied, very quickly. Despite their profuse proclamations, they have had little, if any, positive impact on the financial planning community even in those localities where they are most focused. Others have little idea what the difference is between a financial and cash management tool. We need a clear and dramatically different message on these subjects.rnrnMr. Peter Bell has done a great job in assuring many of us that this program will be done in a very professional manner. If it does 50% of what has been presented, it will do much to change the focus of why seniors need this product — in a very positive manner. It is a low cost campaign that we need to support both financially and vocally or it will be ineffective.rn

]]> By: The_Critic http://reversemortgagedaily.com/2010/04/12/with-industry-support-nrmla-public-affairs-campaign-moves-forward/comment-page-1/#comment-36850 The_Critic Wed, 14 Apr 2010 16:14:31 +0000 http://reversemortgagedaily.com/2010/04/12/with-industry-support-nrmla-public-affairs-campaign-moves-forward/#comment-36850 HECM_Dude,<br><br>Yes, most of us know that to be true but are you saying this endeavor is worthless or not worth the cost that will be incurred? If so, I believe you are wrong.<br><br>Handled as stated, this campaign could bring out aspects of this product that few in this industry have imagined. We have some in the industry who speak confidently about things they have no idea about. Hopefully, this campaign will correct the well meaning but misdirected and misguided message some emphasize.<br><br>For example, I attended one education presentation where the instructor was going to inform us about a specific use of this product in financial planning. Unfortunately the presenter did not understand the basics of the discipline on which the presentation was focused. What a waste of time!!!!<br><br>We also have those who teach financial professionals about HECMs but have little idea of when this product actually becomes a tool so their arguments become very muddied, very quickly. Despite their profuse proclamations, they have had little, if any, positive impact on the financial planning community even in those localities where they are most focused. Others have little idea what the difference is between a financial and cash management tool. We need a clear and dramatically different message on these subjects.<br><br>Mr. Peter Bell has done a great job in assuring many of us that this program will be done in a very professional manner. If it does 50% of what has been presented, it will do much to change the focus of why seniors need this product -- in a very positive manner. It is a low cost campaign that we need to support both financially and vocally or it will be ineffective. HECM_Dude,

Yes, most of us know that to be true but are you saying this endeavor is worthless or not worth the cost that will be incurred? If so, I believe you are wrong.

Handled as stated, this campaign could bring out aspects of this product that few in this industry have imagined. We have some in the industry who speak confidently about things they have no idea about. Hopefully, this campaign will correct the well meaning but misdirected and misguided message some emphasize.

For example, I attended one education presentation where the instructor was going to inform us about a specific use of this product in financial planning. Unfortunately the presenter did not understand the basics of the discipline on which the presentation was focused. What a waste of time!!!!

We also have those who teach financial professionals about HECMs but have little idea of when this product actually becomes a tool so their arguments become very muddied, very quickly. Despite their profuse proclamations, they have had little, if any, positive impact on the financial planning community even in those localities where they are most focused. Others have little idea what the difference is between a financial and cash management tool. We need a clear and dramatically different message on these subjects.

Mr. Peter Bell has done a great job in assuring many of us that this program will be done in a very professional manner. If it does 50% of what has been presented, it will do much to change the focus of why seniors need this product — in a very positive manner. It is a low cost campaign that we need to support both financially and vocally or it will be ineffective.

]]> By: Anonymous http://reversemortgagedaily.com/2010/04/12/with-industry-support-nrmla-public-affairs-campaign-moves-forward/comment-page-1/#comment-38736 Anonymous Wed, 14 Apr 2010 12:48:00 +0000 http://reversemortgagedaily.com/2010/04/12/with-industry-support-nrmla-public-affairs-campaign-moves-forward/#comment-38736 This is a huge undertaking. I hope the committee is resolved to the fact that this is going to take a long time. After HERA passed, I felt that the level of negative misconception had been reduced, but lately, there has been more and more media reports that are so ignorant and negatively biased towards the product that require something like this as soon as possible. I just hope they can make some real change. This is a huge undertaking. I hope the committee is resolved to the fact that this is going to take a long time. After HERA passed, I felt that the level of negative misconception had been reduced, but lately, there has been more and more media reports that are so ignorant and negatively biased towards the product that require something like this as soon as possible. I just hope they can make some real change.

]]> By: michaelpinter http://reversemortgagedaily.com/2010/04/12/with-industry-support-nrmla-public-affairs-campaign-moves-forward/comment-page-1/#comment-36841 michaelpinter Wed, 14 Apr 2010 10:48:00 +0000 http://reversemortgagedaily.com/2010/04/12/with-industry-support-nrmla-public-affairs-campaign-moves-forward/#comment-36841 This is a huge undertaking. I hope the committee is resolved to the fact that this is going to take a long time. After HERA passed, I felt that the level of negative misconception had been reduced, but lately, there has been more and more media reports that are so ignorant and negatively biased towards the product that require something like this as soon as possible. I just hope they can make some real change. This is a huge undertaking. I hope the committee is resolved to the fact that this is going to take a long time. After HERA passed, I felt that the level of negative misconception had been reduced, but lately, there has been more and more media reports that are so ignorant and negatively biased towards the product that require something like this as soon as possible. I just hope they can make some real change.

]]> By: G Johnson http://reversemortgagedaily.com/2010/04/12/with-industry-support-nrmla-public-affairs-campaign-moves-forward/comment-page-1/#comment-36834 G Johnson Tue, 13 Apr 2010 17:33:25 +0000 http://reversemortgagedaily.com/2010/04/12/with-industry-support-nrmla-public-affairs-campaign-moves-forward/#comment-36834 Our biggest hurdle is being addressed: education. Dispel the myths and misconceptions. This is a real positive move. Our biggest hurdle is being addressed: education. Dispel the myths and misconceptions. This is a real positive move.

]]> By: HECM_Dude http://reversemortgagedaily.com/2010/04/12/with-industry-support-nrmla-public-affairs-campaign-moves-forward/comment-page-1/#comment-36835 HECM_Dude Tue, 13 Apr 2010 16:25:24 +0000 http://reversemortgagedaily.com/2010/04/12/with-industry-support-nrmla-public-affairs-campaign-moves-forward/#comment-36835 It takes a lot of positive PR to offset a single episode of negative press. It takes a lot of positive PR to offset a single episode of negative press.

]]> By: The_Critic http://reversemortgagedaily.com/2010/04/12/with-industry-support-nrmla-public-affairs-campaign-moves-forward/comment-page-1/#comment-36811 The_Critic Mon, 12 Apr 2010 16:12:09 +0000 http://reversemortgagedaily.com/2010/04/12/with-industry-support-nrmla-public-affairs-campaign-moves-forward/#comment-36811 I think we all wish the committee the best in their endeavors. I think we all wish the committee the best in their endeavors.

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