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 […]

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 […]

Like many in the industry, I continue to wait and see how MetLife plans to market its reverse mortgage business to its insurance agents and vice versa.  An article from the Dow Jones Newswire describes how the company is offering “forward” mortgage loans with its MetLife brand to credit worthy borrowers and then try […]

Generation Mortgage announced to its brokers that is in the process of working out the details in order to offer a competitive fixed rate HECM utilizing Ginnie Mae’s HECM MBS product. 
Currently the product is available to a select group of brokers in order to fulfill its commitments to Ginnie Mae, but they plan […]

Last night CNBC’s Dennis Kneale spoke with Jeffrey Lewis of Generation Mortgage and Babette Bach, an elder law attorney about reverse mortgages.  In Reverse Mortgages: Next Subprime? they debate whether the government guaranteed HECM program is fueling another bubble.
Lewis does a great job during the debate but I can’t say the same about his opponent Ms. […]

A new article from the Wall Street Journal describes how there is one segment of the mortgage market that is still hot: federally insured reverse mortgages.  In Seniors Drawn to Mortgages That Give Back, Nick Timiraos writes that more seniors are turning to reverse mortgages to supplement their retirement savings, which in some cases […]