AARP: 76% of Older Adults Want to Age in Place

The desire to remain at home during retirement continues to be extremely important to people as they age, according to a new report from AARP. The data, released last week as part of the senior advocacy group’s 2018 Home and Community Preferences  survey, shows that almost 80% of adults age 50 and older want to remain […]

Reverse Mortgages Are Booming Worldwide, and the United States is Next

Across the globe, countries are facing an aging population that is unprepared to retire, and many governments are turning to reverse mortgages as an option to help fund longevity — the United States is no different. With 10,000 baby boomers turning 65 each day for the foreseeable future, the United States needs to be a […]

New Reverse Mortgage Career Opportunity — Compliance Analyst (Sponsored)

Editors Note: This is sponsored by Reverse Vision. The Compliance Analyst is responsible for supporting ReverseVision’s lending document library by assisting with creation and management of document templates, including federal and state document reviews, and documents associated with proprietary lending programs. Dynamic and varied, this position requires creative problem-solving and prudent judgment in the fulfillment […]

One Reverse Mortgage Launches HELO, First Private Product

One Reverse Mortgage is rolling out its first private reverse mortgage product, which the company hopes will meet the needs of a larger audience looking to tap home equity during retirement. The San Diego, Calif.-based reverse mortgage lender, a subsidiary of Quicken Loans, will allow consumers to borrow up to $4 million using the Home […]

AAG Rebrands as a Retirement Solutions Provider, Rolls Out New Selleck Spot

Following months of signals, American Advisors Group late last week announced a major shift in the direction of the company, which will see it transform from the nation’s leading reverse mortgage lender to a more holistic retirement solutions provider. Reza Jahangiri, the chief executive officer of AAG, said the company rolled out the “What’s Your […]

Reverse Mortgages in 2017: Has the Industry Hit a Breaking Point?

While the last few years have been tough on the reverse mortgage industry, I’m starting to feel like the tide is changing—and it has nothing to do with our new president. With RMD turning 10 years old, I’ve been to a lot of reverse mortgage trade shows over the years. After being on the circuit […]

Reverse Mortgage Industry on the Cusp of a New Era

After several years of program changes, the reverse mortgage industry is facing its biggest change yet: the Financial Assessment. “We are on the cusp of entering a new era of the business” said Peter Bell, president and CEO of the National Reverse Mortgage Lenders Association during its eastern regional event in New York City. The […]

Bob Yeary — We Will Miss You

Over the weekend, Bob Yeary, an advocate for reverse mortgages and a close to friend to many in the industry passed away after fighting cancer. He was surrounded by friends and family. Bob was a successful entrepreneur who co-founded Reverse Mortgage Solutions in 2007 with the help of Marc Helm and Ken Austin. After selling […]

Dave Cesario — You Will Be Missed

The reverse mortgage industry has lost a great advocate for the product, but more importantly a great friend to many people — including the team here at RMD. Dave Cesario, 49, passed away on Tuesday at his home surrounded by his family after battling cancer. Over the years he made his way to the reverse […]

LaRose Named Rising Star by HW Magazine

As part of HousingWire’s feature about rising star’s in the mortgage industry, Ryan LaRose, Chief Operating Officer for Celink, was named as the only reverse mortgage professional. “Our editors sought to recognize young industry professionals who are already leading in their respective fields. Our awards don’t just recognize future potential, we wanted to spotlight those […]