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 […]
The impact of the COVID-19 coronavirus pandemic has led many professionals within the reverse mortgage industry to seek out technology-based solutions to keep business going during today’s social distancing measures. Reverse Mortgage Daily (RMD) is hosting its first-ever Demo Day on the heels of the inaugural HEQ digital conference on Sept. 3. In this free […]
Individuals that are at higher risk from becoming seriously ill from COVID-19, the illness that results from the coronavirus, include those who have vulnerable immune systems or other underlying health conditions. This includes the primary demographic that the reverse mortgage industry serves, senior citizens, according to guidance from the Centers for Disease Control and Prevention […]
These days, it’s not very common for the topic of reverse mortgages to appear as the center of a news story in your local newspaper, and even newspapers themselves are not as prominent as they used to be. Back when tapping into your home’s equity by using one of these products was a new concept, […]
Thank you once more to Reverse Mortgage Daily’s dedicated base of readers for helping to provide a great start to 2020’s industry coverage over the past couple of months! As a reminder, RMD’s Chicago headquarters will be closed on Monday, February 17 in observance of Presidents’ Day. Our normal posting schedule and daily email will […]
The reverse mortgage industry has been forced to evolve and adapt quite a lot in recent years, particularly after a reduction to principal limit factors (PLFs) instituted by the Federal Housing Administration (FHA) in October of 2017. The industry was forced to go through a multi-faceted adjustment brought about by that disruption, but now that […]
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’s Chicago headquarters will be closed from Tuesday, December 24 to Wednesday, January 1, with our normal posting schedule and […]
UPDATE: To ensure the health and safety of all attendees, HEQ — which was originally scheduled for June 18 in Chicago — will now be held September 1 and 2 in a digital format. See the original, archived event announcement below. Reverse Mortgage Daily (RMD) is pleased to announce a first-ever event of its kind: […]
For longtime readers of Reverse Mortgage Daily, many have participated in industry dialogue by commenting in response to articles on RMD. The success of RMD was built on community, and we appreciate that comments are an important way to support productive industry discourse. Comments were disabled for several months following a RMD website redesign earlier […]
