Goodbye Barney Frank, Hello Reverse Mortgage Counseling Funds

NewImage.jpgReverse Fortunes Weekly Podcast Episode #183

Reverse Fortunes’ latest podcast delves into the return of reverse mortgage counseling funds for the coming year—just recently approved by Congress. Also hear from Reverse Fortunes’ Shannon Hicks on why the Federal Housing Administration could need a bailout in light of recent reports on the agency’s financial situation and future projections on current books of business.

Hicks also talks about the impact of new reverse mortgage underwriting on brokers in the market as well as the recent announcement from an industry ally in Congress that he will not be running for reelection in 2012.

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Talking Points:

  • The money is here: HECM counseling funds back for 2012
  • FHA may need bailout
  • Brokers may shop for financial assessment guidelines over rates
  • Congressional ally of reverse mortgages to retire

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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