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Articles By

Chris Clow

Chris got his start as a professional writer talking about the entertainment industry, but transitioned to the B2B arena by providing industry news to market researchers. He joined RMD in 2018, and when he's not covering the reverse mortgage industry, Chris enjoys movies, comics, video games and life with his wife and baby daughter.

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Lenders

Fairway Promotes Harder, Adds 2 New Account Executives

By Chris Clow | April 5, 2021April 5, 2021
A boardroom at an office in Los Angeles.

Fairway Independent Mortgage has promoted one senior member of its reverse mortgage team, who in his first action has added two veteran account executives.

Data

Reverse Mortgage Volume, HMBS Issuance Rise in March as MMI Fund Position Improves

By Chris Clow | April 4, 2021April 2, 2021
Turned on black and grey laptop computer.

Both reverse mortgage endorsement volume and HMBS issuance recorded increases in March, on the heels of positive HECM program news in the MMI Fund. RMD speaks with an industry analyst about these developments.

Data

Senior Housing Wealth Tops $8 Trillion for First Time

By Chris Clow | April 4, 2021April 2, 2021
Coins and $100 bills placed in the shape of a house, with a hand reaching for the bills.

The NRMLA/RiskSpan Reverse Mortgage Market Index shows another impressive quarterly increase, as well as positive year-over-year data.

Marketing & Sales

Financial Planner: How Reverse Mortgage Pros Can Approach People Like Me

By Chris Clow | April 1, 2021April 1, 2021

FAR VP of Retirement Strategies and financial planner Stephen Resch helps describe how reverse mortgage professionals may best approach people in his profession for referral partnerships.

Education

Nasdaq: How Reverse Mortgages Can Be Loans of ‘First Resort’

By Chris Clow | April 1, 2021April 1, 2021
White and blue house behind white picket fence.

People often hear of reverse mortgages described as “loans of last resort,” but Fairway Reverse Mortgage Director Harlan Accola turns that notion on its head in a column at Nasdaq.

Lenders

The Opportunities and Challenges of Changing Reverse Mortgage Companies

By Chris Clow | March 31, 2021March 31, 2021
A condensor microphone on a table.

Steven Sless and Christina Harmes Hika of PRMI discuss the intricacies of changing companies in the reverse mortgage business, and some of the challenges in training forward originators to do reverse business.

CFPB

CFPB Rolls Back COVID-19 Regulatory Relief for Financial Companies

By Chris Clow | March 31, 2021March 31, 2021
CFPB headquarters in Washington, D.C.

The Acting Director of the CFPB has rescinded various COVID-19 relief measures which were designed to assist financial institutions weather the pandemic, saying that they have adjusted and that consumers must come first.

RMD Podcast

The RMD Podcast #20: Steven Sless and Christina Harmes Hika of PRMI

By Chris Clow | March 31, 2021March 31, 2021

In our first group interview ever featured on The RMD Podcast, we sit down with Steven Sless and Christina Harmes Hika of Primary Residential Mortgage, Inc. to talk about the recent news of the company’s expansion to San Diego!

FHA

HUD: Q1 MMI Report Shows Reduced HECM Volume, Improved Budget Subsidy

By Chris Clow | March 30, 2021March 30, 2021
The podium at the HUD VAG 2020 Memorial Day Program, May 21, 2020.

In its Q1 2021 report on the MMI Fund, HUD details that reverse mortgage volume has fallen though the program’s budget execution subsidy has improved.

Products

Forbes: Borrowers Should Keep These Reverse Mortgage Pros and Cons in Mind

By Chris Clow | March 30, 2021March 30, 2021
A person writing a checklist in a notebook.

A prospective reverse mortgage borrower can certainly benefit from taking out the loan, but should also keep other facets of it in mind according to a new Forbes article.

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Reverse Mortgage Daily (RMD) is the leading source for news and information covering the reverse mortgage industry. RMD is part of the Aging Media Network.

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