After years of the Financial Assessment looming over the reverse mortgage industry, its delay has been met with mixed feelings—both frustration and relief. Some industry professionals welcome the delay in the regulation’s implementation, which the Department of Housing and Urban Development (HUD) recently announced would be pushed back to April 27, 2015, eight weeks after […]
Category: Training
The reverse mortgage industry nears what is arguably the product’s biggest change in a decade as the Financial Assessment’s March 2 effective date draws closer. And like the new rule or not, lenders are getting ready with a variety of training initiatives. In the past, lenders may have performed their own versions of a “financial […]
Are you prepared for the reverse mortgage financial assessment, scheduled to take effect on March 2, 2015? Reverse Focus is offering a FREE training seminar on Monday, November 17th at 2 pm Eastern (11:00 AM to noon PST). Mark your calendar! This week FHA released the long-anticipated details and guidelines for the Financial Assessment. This is […]
Are you trying to navigate the new non-borrowing spouse landscape? HUD’s Non-Borrowing Spouse (NBS) policy, which goes into effect August 4th, is a watershed event for the HECM program. Reverse Focus is hosting a FREE webinar on Wednesday, August 6 to help reverse mortgage professionals understand and adapt to the changes. Register now! Space is […]
Raymond James Financial (NYSE:RJF) has announced the launch of a new retirement planning initiative that will help its advisors apply key concepts drawn from the Massachusetts Institute of Technology’s AgeLab, the company says. With longer lifespans than any previous generation, baby boomers will require different retirement planning techniques. For this reason, Raymond James hopes to […]
ReverseVision, Inc. plans to become the authority on continuing education for the reverse mortgage industry with the launch of its new online learning center, RV University. is an online education platform created to teach mortgage professionals about the reverse mortgage industry. Eyeing dramatic growth potential in the number of Baby Boomers that continue to age, RVU […]
In case you missed it…here’s what happened in reverse mortgage news this week: Reverse Mortgage Success Falls on Training in Wake of Change—Even amid various reverse mortgage changes, the key to success for one top-10 lender comes down to one thing: training. Reverse Mortgage Volume Slumps to 12-Month Low as AAG Bucks Trend—Reverse mortgage volume […]
Are you asking the right questions to lead to more loan closings? Just a quick and FINAL reminder of the FREE training session provided by Reverse Focus coming up on Tuesday, January 7, 2014 at 2 pm EST (11:00 AM to noon PST) to show you how. Mark your calendar! Want to increase your closing ratios? Reverse Focus […]
Are you asking the right questions to lead to more loan closings? Just a quick reminder of the FREE training session provided by Reverse Focus coming up on Tuesday, January 7, 2014 at 2 pm EST (11:00 AM to noon PST) to show you how. Mark your calendar! Want to increase your closing ratios? Reverse Focus will cover […]
Are you asking the right questions to lead to more loan closings? A FREE training session provided by Reverse Focus is coming up on Tuesday, January 7, 2014 at 2 pm EST (11:00 AM to noon PST) to show you how. Mark your calendar! Want to increase your closing ratios? Reverse Focus will cover the ins and outs of […]
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