A few reverse mortgage headlines from the week:
- Reverse mortgages lure users — and abusers (Davis County Clipper)
- Mortgage Network Introduces MN 55+ (MarketWatch)
- Joseloff leads second meeting on affordable housing (Westport Minutemen)
Also, great commentary from Dennis Haber about the 5:1 Counseling Rule. Check out his opinion at the link below.
HECM to HECM Reverse Mortgage Refinancing Could be Tricky: The Industry puts up Barriers
Happy Thanksgiving, RMD will return on Monday.
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Reverse mortgage professional Gabe Bodner offers tips for originators to keep in mind during tough market conditions.