HECM Loan Limits Stay Put, Reverse Mortgage Coalition Goes to Washington

NewImage.jpgReverse Fortunes Weekly Podcast Episode #169

The latest podcast from Reverse Fortunes discusses the decision by the Department of Housing and Urban Development to extend current HECM loan limits through December 31 of this year. Hear from Shannon Hicks on the extension and what it means for reverse mortgages.

Hicks also talks about a recent Coalition for Independent Seniors advocacy visit to Capitol HIll, recent changes to foreclosure proceedings for HECM servicers and a new reverse mortgage TV commercial featuring a famous female sitcom star.

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Talking Points:

  • The 10% Effect: Lower limits after Dec 31?
  • Hands are tied: Servicers & Foreclosures
  • Mr. Smith goes to Washington
  • Genie in the bottle. A new spokesperson emerges

Listen now“Reverse Fortunes is the ultimate resource for reverse mortgage professionals providing the technology, training and marketing to grow your business. We are your one-stop resource for those committed to taking their business to the next level.” Editors Note: These posts are sponsored by Reverse Fortunes.

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