Reverse Mortgage Daily
  • Home
  • About
  • Wholesale Lenders
  • Service Providers
  • Jobs
  • Awards
  • Advertise
  • Events
  • Contact
  • Categories
    • Alternatives
      • EquityKey
      • REX
    • Commentary
    • Counseling
    • Events
    • FHA
    • GNMA
    • Gov. Updates
    • International
    • Jumbo Products
    • Leads
    • Legislation
    • Lenders
    • Marketing
    • MBA Reverse
    • News
    • NRMLA
    • Podcast
    • Products
      • 1st Reverse
      • Bank of America
      • Countrywide
      • Financial Freedom
      • Generation Mortgage
      • Gold Reverse
      • HECM
      • JB Nutter
      • Liberty Reverse
      • LLS
      • MetLife
      • Quicken
      • Reverseit
      • Seattle Mortgage
      • Sun West
      • Virtual Bank
      • Wells Fargo
    • Rates
    • Reverse Mortgage
    • Reverse Mortgage Jobs
    • Senior Housing
    • Servicers
      • Celink
      • RMS
    • Technology
      • Bay Docs
      • Mortgage Cadence
    • Top HECM Lenders
    • Training
    • Warehouse Lines
  • RSS



Counseling

HUD Estimates $30 Billion in Reverse Mortgages For FY 2010

June 29th, 2009  |  by John  |  published in Counseling, FHA, News, Reverse Mortgage

When the Department of Housing and Urban Development unveiled its 2010 budget request last month, it included a request for $798 million credit subsidy for the FHA’s reverse mortgage program.  It’s the first time HUD has requested a subsidy for the program and left many questioning if the HECM needs to change in order ensure […]


HUD Offers $8 Million For Reverse Mortgage Counseling

June 19th, 2009  |  by John  |  published in Counseling, FHA, News, Reverse Mortgage

The US Department of Housing and Urban Development announced that more than $58 million is available for a broad range of housing counseling programs to help families and preserve housing.  The funding is an increase of $11 million, up 23% from last year according to a statement from HUD.
“Now, more than ever, it is […]


FTC Alert: Identifying False and Misleading Claims Related to Reverse Mortgages

June 12th, 2009  |  by John  |  published in Counseling, FHA, News, Reverse Mortgage

The Federal Trade Commission published Housing Counselors: How to Help People Avoid Reverse Mortgage Missteps to provide guidance for counselors in indentifying false and misleading claims related to reverse mortgage offers. 
As an example, the FTC said that some unscrupulous lenders may try to mislead seniors about the key features of a reverse mortgage […]


Reverse Mortgage Counseling Exam Details Emerge

June 4th, 2009  |  by John  |  published in Counseling, News, Reverse Mortgage

As part of the Department of Housing and Urban Development’s changes to HECM counseling, all HECM counselors will need to pass an exam to demonstrate their knowledge of reverse mortgages.  In cooperation with HUD, AARP Foundation’s Reverse Mortgage Education Project (RMEP) will be administering the HUD HECM Counselor Exam. 
The HECM counseling exam has […]


Will HUD’s Counseling Protocol Bring New Role For HECM Counselors?

June 2nd, 2009  |  by Neil  |  published in Counseling, News, Reverse Mortgage

As the industry awaits word from Mother HUD on what counselors may, can or should do - or not – on certain key issues, questions have arisen about the purpose and product of this forthcoming federal mandate.  There is little doubt that updated regulations, which are expected to bring stronger assessment tools and a financial […]


Survey Finds People Are Tapping Retirement Accounts Before Counseling

April 27th, 2009  |  by John  |  published in Counseling, News, Reverse Mortgage

More people are tapping into retirement accounts despite the negative financial consequences, but wind up struggling to pay their mortgage anyway, said the Consumer Credit Counseling Service (CCCS) of Greater Atlanta. 
The counseling agency found that 29.6% of the people who called the nonprofit agency for foreclosure prevention counseling received an early distribution from […]


« Previous Entries


View John R. Yedinak's profile on LinkedIn

Wholesale Lender Sponsors





Sponsors







Categories

  • 1st Reverse
  • Alternatives
  • Bank of America
  • Bay Docs
  • Celink
  • Commentary
  • Counseling
  • Countrywide
  • EquityKey
  • Events
  • FHA
  • Financial Freedom
  • Generation Mortgage
  • GNMA
  • Gold Reverse
  • Gov. Updates
  • HECM
  • International
  • JB Nutter
  • Jumbo Products
  • Leads
  • Legislation
  • Lenders
  • Liberty Reverse
  • LLS
  • Marketing
  • MBA Reverse
  • MetLife
  • Mortgage Cadence
  • News
  • NRMLA
  • Podcast
  • Products
  • Quicken
  • Rates
  • Reverse Mortgage
  • Reverse Mortgage Jobs
  • Reverseit
  • REX
  • RMS
  • Seattle Mortgage
  • Senior Housing
  • Servicers
  • Sun West
  • Technology
  • Top HECM Lenders
  • Training
  • Virtual Bank
  • Warehouse Lines
  • Wells Fargo


RSS Reverse Mortgage Jobs

  • Reverse Mortgage Originator
  • Reverse Mortgage Originators - Earn More Here!
  • Team Leaders Wanted
  • Reverse Mortgage Originator - Virtual Banker
  • REVERSE MORTGAGE ORIGINATORS
  • Reverse Mortgage Careers

RSS Reverse Mortgage Events

  • RM Client Manager Training Session
  • Controlling the Chaos- how successful originators manage their relationships
  • Seminars that cost less and work better!
  • Reverse Mortgage 101
  • Exclusive Training for Producer's Club Members

Blogroll

  • Baby Boomer Insights
  • Calculated Risk
  • FHA Loan Pros
  • Long Term Care Daily
  • Reverse Mortgage Info Blog
  • Reverse Mortgage School
  • Second Homes 411
  • Senior Housing News
  • The Mortgage Porter
  • The Mortgage Reports
  • The Senior Service Expert

©2009 Reverse Mortgage Daily
Powered by WordPress using the Gridline Lite theme by Graph Paper Press.