In the eighth episode of The RMD Podcast, RMD Executive Editor and Aging Media Network Director of Content Elizabeth Ecker joins host Chris Clow to talk about the biggest reverse mortgage industry stories covered by RMD in 2019!
The past year has been a very eventful one for the reverse mortgage industry, and as we prepare to say goodbye to 2019 and hello to 2020, Liz and Chris take an in-depth look at five of the biggest, most attention-getting industry stories based on RMD website traffic data.
Listen to this episode of The RMD Podcast as we discuss:
- The story regarding the abrupt closure of top 10 lender Live Well Financial, as well as the ongoing criminal case brought by the FBI against its former CEO.
- New reverse mortgage rules and legislative proposals handed down by the federal government, including the indefinite extension of the second appraisal rule and HECM program proposals that came from the White House.
- The long odyssey of Ditech Holding Corporation’s bankruptcy, along with subsequent attempts to auction off its reverse mortgage servicing business, Reverse Mortgage Solutions.
- And more!
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Former staffers from HUD, FHA and the GSEs weigh in on how to press ahead in this volatile reverse mortgage climate.