Norcom SVP of Reverse Mortgage Lending John Luddy offers thoughts on how LOs can best appeal to senior borrowers, discussing how he developed his popular video sales tips.
Reverse mortgage professionals are often confronted with a great deal of change that seems to come from all sides. Whether it’s in new regulations handed down by the federal government, new products or services introduced by lenders or the interaction that can come from an advertising campaign, change is a constant. One other change that […]
The NRMLA Board of Directors has re-elected co-chairs Scott Norman and Mike Kent to serve in the 2021-2022 term, alongside other returning officers.
A new study corroborates ways in which affluent borrowers can benefit from a reverse mortgage, especially when aiming to avoid investment volatility.
Mr. Cooper has completed the sale of its reverse mortgage servicing portfolio to MAM, which has re-entered reverse servicing after selling RMS.
While reverse mortgage volume fell very slightly in November, the month still had the second-highest volume of the year while HMBS issuance broke an all-time record.
A bill which would allow New York state co-op residents to take out a reverse mortgage loan has been signed by the state’s governor.
Open Mortgage has announced the creation of a new president role, and the appointment of a mortgage industry veteran to serve in it.
In a new piece at the Washington Post, a pair of columnists describe for a reader potential alternatives to a reverse mortgage they said has not worked out.
FHA has announced 2022’s reverse mortgage lending limit of over $970,000 on the same day that the FHFA released its updated conforming loan limits.
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