Last week AllRegs announced the release of its new Think Reveres Practical Guide.  The guide is based on the book written by Atare E. Agbamu and is designed for originators, servicers, and investors in the mortgage business.      
"The popularity of the reverse mortgage market is growing, and to get into this sector of the business, […]

Certified Financial Planner and Times Herald contributor Al Benelli recently wrote about the Financial Industry Regulatory Authority’s warning earlier this year about reverse mortgages.  Benelli feels that the strong warning makes him wonder if the regulator of the securities industry had more up its sleeve.
FINRA’s announcement was meant to warn investors to be aware […]

A few reverse mortgage headlines from the week:

Reverse mortgages lure users — and abusers (Davis County Clipper)
Mortgage Network Introduces MN 55+ (MarketWatch)
Joseloff leads second meeting on affordable housing (Westport Minutemen)

Also, great commentary from Dennis Haber about  the 5:1 Counseling Rule.  Check out his opinion at the link below.
HECM to HECM Reverse Mortgage Refinancing Could be […]

Just wanted to say Thank You to everyone who has supported Reverse Mortgage Daily over the last two years.  I registered the domain on November 25, 2006 and 1,621 posts later here we are.
I wanted to thank every reader, contributor, and sponsor… without you RMD isn’t possible.  Below is a list of every company […]

Over the weekend the New York Times published a story describing how older Americans are struggling to get by while the economy continues to slide.  One of the people featured in the article is Marie Hinkel, a 79 year old widow who lives in Port Chester, NY.  After her husband died, Hinkel has been […]