Former Fraudster Leads New Reverse Mortgage Anti-Scam Campaign

Frank W. Abagnale, Jr. — a former fraudster and con man who famously assisted the Federal Bureau of Investigation (FBI) on fraud crimes before starting his own consultancy firm — has found a role as the subject of a new reverse mortgage advertising campaign and educational video series designed to help seniors spot when they’re […]

Bankrate: Low Interest Rates Fuel Renewed Reverse Mortgage Appeal

As the mortgage rate environment and the finances of seniors have gained renewed focus during the COVID-19 coronavirus pandemic, so too has the interest in and potential value proposition of tapping home equity to create cash flow with a reverse mortgage. This is according to a new column published at Bankrate. “Although there are costs […]

Bankrate: Pros and Cons of a Reverse Mortgage, Possible Alternatives

As a complex financial instrument, a reverse mortgage has the potential to help retirees which are in specific financial circumstances, but should be fully understood in context with features, potential shortcomings and comparison with available alternatives. This is according to a reverse mortgage guide published this month by Bankrate. Seniors at or over the age […]

How the Pandemic is Leading More Financial Planners to Reverse Mortgages

While the relationship between financial planner professionals and the reverse mortgage industry is evolving in a positive direction, there are still a number of things that the reverse industry can and should observe when aiming to facilitate connections with those planners as potential referral partners. This is according to a trio of financial experts discussing […]

Fairway, NAIFA Announce New Educational Partnership

Fairway Independent Mortgage Corp. and the National Association of Insurance and Financial Advisors (NAIFA) have entered into an educational partnership, which will position Fairway as a subject matter expert in NAIFA’s Limited & Extended Care Planning (LECP) Center, RMD has learned. The agreement will see Fairway provide educational materials for NAIFA-sponsored events like webinars, blog […]

How the Pandemic Prepared Fairway for the Future of Reverse Mortgages

Similarly to other companies across the reverse mortgage industry, the reverse division of Fairway Independent Mortgage Corporation has seen a noticeable rise in its volume since the onset of the COVID-19 coronavirus pandemic. That’s far from the only difference noted in the business during this unique time by Harlan Accola, Fairway’s national reverse mortgage director […]

How Educating Financial Advisors About Reverse Mortgages Expands the Business

Across the country, many reverse mortgage professionals believe that the ultimate path toward expanding the scope of the business runs through financial advisors, charged with presenting options and solutions to clients looking to improve their financial standing. While recent years have been filled with both forward momentum and occasional setbacks in reaching this goal, the […]