The trial of former Live Well Financial CEO Michael Hild for an alleged bond fraud scheme kicked off in the Southern District Court of New York in Manhattan on Tuesday.
When keeping in mind the pros and cons of a home equity line of credit, one financial planner and industry participant describe how a reverse mortgage could be a better choice for some seniors.
Ennkar founder and branch manager Omar Ennabe sits down with RMD to discuss how the company doubled business last year, and what it hopes to do differently now that it’s broken into the top 10 lenders.
A reverse mortgage can serve as part of a financial plan designed to weather economic downturns, according to a column at Kiplinger.
The White House has unveiled its “skinny budget” document ahead of the full proposal coming later this spring. While reverse mortgages are absent, there are indications of the administration’s priorities with seniors and HUD.
Property taxes rose over 5% in the United States in 2020, varying wildly between states at the highest and lowest ends of the property tax levying spectrum.
One reverse mortgage leader describes why the automation of certain customer relationship processes has helped streamline the experiences of clients and loan officers alike.
National AMC Class Valuation has been acquired by a Connecticut-based investment firm, and says it will use the firm’s investment experience to remain at the forefront of home valuation including for reverse mortgages.
The reverse mortgage industry has made several recent efforts to appeal to the financial planner community, and RMD updates the industry on those from FAR, Fairway, CrossCountry Mortgage and the Academy for Home Equity in Financial Planning.
Seniors who are considering mortgage options may want to know a few things ahead of time, according to Bankrate. For RMD’s audience, some may find it surprising that people in their 90s are getting new, forward mortgages.