New Disclosures Could Cause Problems, Reverse Mortgage Brokers Outperform Retail

NewImage.jpg Reverse Fortunes Weekly Podcast Episode #225

The latest finding from The Mortgage Professor takes a stab at the reverse mortgage line of credit and when it is most fitting for borrowers. Age matters, Reverse Fortunes’ Shannon Hicks explains based on the M.P.’s findings in his latest podcast. 

Hicks also talks about the “new sheriff in town” as well as a recent shift toward a majority of reverse mortgage loans being of the wholesale variety. 

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Finally, the podcast covers new counseling disclosures. Listen to find out why NRMLA is calling them problematic.

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Talking Points:

  • Don’t wait if you want a larger line of credit
  • There’s a new sheriff in town
  • Will reverse brokers outperform retail?
  • New counseling disclosure problematic

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.” Editor’s Note: These posts are sponsored by Reverse Fortunes.

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