Reverse Mortgage News Headlines

A few reverse mortgage news headlines from the week: Cash in now on your home profit? (Chicago SunTimes) More to reverse mortgage warning? (Investment News) Tap equity now, appreciation repays bill (Seattle Times) Bid to regulate reverse mortgages stalls in House (AZstarnet.com) Have a great weekend! Technorati tags: Reverse Mortgage, Reverse Mortgage News, HECM, FHA, […]

Reverse Mortgages Used To Prevent Foreclosure

Tom Kelly is a writer for Inman News and he just published an article about using a reverse mortgage to prevent foreclosure.  The article discusses how a reverse mortgage can help save a senior from foreclosure but most people aren’t aware this is an option.  In the article George Downey from Harbor Mortgage is quoted […]

NRMLA and The Mortgage Bankers Association: Who do you love?

Have you ever been invited to two weddings on the same weekend? How do you pick? Who serves the better food? The better booze? Who do you love more, baby? The 2008 conference schedules are out and NRMLA’s Spring Conference (east) and the MBA’s Reverse Mortgage Conference are during the same week.  Better get ready […]

Reverse Mortgage News Headlines

A few reverse mortgage stories from the week: Bill regulating reverse mortgages stalls (Arizona Republic) Boomers get urge to retire at 62 (CNN.com) Sun West Mortgage Now Offers Outsourced Processing For Reverse Mortgages (Eworldwire) FINRA Warns Senior Investors About Reversing Fortunes With Reverse Mortgages (BusinessWire) Have a great weekend! Technorati tags: Reverse Mortgage, Reverse Mortgage […]

Lender Lead Solutions University

This week Lender Lead Solutions announced enhancements to LLS University (LLSU), the company’s comprehensive training program designed to give brokers essential knowledge needed for operating a reverse mortgage business. “As the nation’s third largest reverse mortgage lender, Lender Lead Solutions is dedicated to bringing innovative courses and education to the reverse mortgage industry,” said David […]

Reverse Mortgage Counseling Problems

It’s no secret that government funding for reverse mortgage counseling is a real issue impacting our industry.  HUD has set aside $3 million specifically for HECM counseling which goes to support the national intermediaries such as NFCC, MMI and AARP that support HECM counseling and counselor training.  The lack of adequate funding to meet the […]

Top HECM Lenders in 2008

Below you will find the top HECM lenders through February in 2008. Also be sure to check out the sample report which breaks down the top lenders even more at the bottom. HECM endorsed loans continued to grow again in February with 10,913 units, up 9.6% from last month’s endorsements of 9,957. Top 10 lender […]

Reverse Mortgage News Headlines

A few reverse mortgage headlines from the week: Money from Home: A Guide to Understanding Reverse Mortgages (AppraisalScoop) Pulling Back the Curtain on Why Reverse Mortgages are So Heavily Marketed (Senior Journal) A reverse mortgage requires sound advice (BaltimoreSun.com) Have a great weekend! Technorati tags: Reverse Mortgage, Reverse Mortgage News, HECM, FHA, Mortgage

Reverse Mortgages & AARP

I came across an interesting article from BusinessWeek that discusses how some of the products that AARP pushes may not always be the best deals available. AARP is best known for its advocacy on behalf of those 50+ but Andrew Tignanelli, president of Financial Consulate, says “The majority of people can get a better deal […]