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One reverse mortgage leader describes why the automation of certain customer relationship processes has helped streamline the experiences of clients and loan officers alike.
FAR VP of Retirement Strategies and financial planner Stephen Resch helps describe how reverse mortgage professionals may best approach people in his profession for referral partnerships.
A key challenge for the reverse mortgage industry continues to be the issue of product education, as many reverse mortgage professionals remain very concerned in reforming the industry’s education efforts to reach additional audiences of eligible, prospective borrowers. Additionally, 2020 saw a noticeable “cooling” of sentiment regarding private-label reverse mortgage products, visibly realized in disclosures […]
The reverse mortgage industry has expressed overwhelmingly positive feelings about business prospects for 2021, and is taking notice of an influx of new interest in the reverse mortgage product category as caused by the ongoing COVID-19 coronavirus pandemic. This is according to a recent 2021 Industry Outlook survey conducted by RMD by polling out industry […]
Thank you once more to Reverse Mortgage Daily’s dedicated base of readers for helping to provide a great start to 2021’s industry coverage over the past couple of months! As a reminder, RMD and Aging Media Network will be closed on Monday, February 15 in observance of Presidents’ Day in the United States. Our normal […]
With only days remaining until Christmas, the team here at Reverse Mortgage Daily wants to express warm wishes and happy holidays to all of our valued readers! In observance of Christmas and New Year’s Day, RMD and Aging Media Network will be closed from Thursday, December 24 to Friday, January 1, with our normal posting […]
Thank you once again to Reverse Mortgage Daily’s dedicated base of readers for your continued support! As a reminder, RMD and Aging Media Network’s offices will be closed on Thursday, November 26 and Friday, November 27 in observance of the Thanksgiving holiday. Our normal posting schedule and daily email will resume on the morning of […]
Since a reverse mortgage is a complicated financial product, the way that direct-to-consumer advertising for the industry is structured can often make or break the perspectives that people can have about the product category. There are a fair amount of limitations concerning how reverse mortgages can be responsibly positioned to prospective customers since only senior […]
The reverse mortgage industry is likely to be led by Home Equity Conversion Mortgage (HECM) business as opposed to proprietary products in the near future, owing to the value proposition and rate environment according to industry leaders at two different top ten lenders. This is according to the leaders themselves during panels at RMD’s HEQ […]
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