With major proprietary moves being made by the likes of FAR and RMF, this commentary examines what the potential impacts could be on expanding the audience for reverse mortgages.
As public companies in the forward mortgage business report a lot of reduced earnings, public companies with reverse mortgage segments are touting those divisions’ solid performance, as noted by RMD’s editor in this new commentary.
A recent story published in the Washington Post and authored by syndicated columnist Ilyce Glink and Samuel J. Tamkin compiled testimonials from potential reverse mortgage customers, highlighting the issues facing reverse mortgage education and the industry’s apparent reliance on refinances in this new commentary from RMD’s editor.
As HUD Secretary Fudge ascends to leadership, RMD looks at this time of challenge for American housing and moment of change for reverse mortgages.
These four reverse mortgage lenders have been making moves and trying interesting things over the past several months, so don’t take your eyes off of them.
In a new TV series, the iconic hero Superman moves back to the town he grew up in, and finds that his adoptive mother has taken out a reverse mortgage.
Today is Inauguration Day, marking the official beginning of the four-year term of the 46th President of the United States, Joseph R. Biden, Jr. Whether you voted for the incoming president or not, some in the reverse mortgage industry appear to be interested in the changes that the federal government under Biden’s watch could make […]
Now that we’ve all opened presents and sang our renditions of “Auld Lang Syne,” it’s time to get back to work. The reverse mortgage industry is on the cusp of another eventful year in 2021 because of a lot of different components including changes to the Home Equity Conversion Mortgage (HECM) lending limit, a new […]
While the sheer amount of cacophonous noise has enveloped the American political landscape even more than usual as citizens prepare to cast – or drop off – their ballots, the reverse mortgage industry will take notice. Obviously whomever is the victor in this year’s presidential election will have the power to shape the industry for […]
The COVID-19 coronavirus pandemic has wreaked havoc on many industries indiscriminately, from energy to food service and seemingly everything in-between. While the expectation would be that the reverse mortgage industry would pivot and maneuver through this time based on its response to past crises, what’s actually happening goes beyond that: this pandemic seems to actually […]