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Reverse Mortgage Changes Gaining Support, Mortgage Prof. Launches Business

NewImage.jpg Reverse Focus Weekly Podcast Episode #237

In this week’s Reverse Focus podcast, two consumer advocacy groups urge the Department of Housing and Urban Development to consider a “more comprehensive package of protections” for reverse mortgage borrowers. 

Reverse Focus’s Shannon Hicks also talks about a new effort by Jack Guttentag, better known as the Mortgage Professor, to get into the reverse mortgage business by serving as a lead reseller. By using the Professor’s new calculator, borrowers can compare different reverse mortgage products by lender.

Getting a reverse mortgage today will better benefit borrowers and can be an insurance policy of its own, according to Guttentag. Unused line of credits and growths in principal limit will help borrowers find comfort in their retirements.

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Talking Points:

  • Nannystate: Protecting Seniors from Themselves?
  • Mick Jagger & Reverse Mortgages
  • Mortgage Professor now a lead reseller
  • Reverse Mortgages as an insurance policy

Listen Now. “Reverse Focus 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 Focus.