MetLife Sells Bank, Why Housing May Be Looking Up

NewImage.jpgReverse Fortunes Weekly Podcast Episode #187

Reverse Fortunes’ latest podcast covers the current status of the housing market with respect to losses last year—and why the market may be on the upswing. Also hear from Reverse Fortunes’ Shannon Hicks on the top ten news stories for the reverse mortgage industry.

Hicks also talks about the recent decision by MetLife to sell its bank to GE Capital, and a recent study that may bode well for reverse mortgage lenders: findings show that a significant portion of the population still plans to pay off mortgages pre-retirement.

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Talking Points:

  • $700 billion dollar loss good?
  • This year’s top ten news makers
  • Plans to pay off mortgages bodes well for our future

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.