A new survey conducted by AAG reveals some surprising statistics about the state of American retirement in the wake of the economic crisis caused by the COVID-19 coronavirus pandemic.
In the beginning of a new regular feature on RMD, we sit down with a pair of California originators to discuss the best ways to overcome reverse mortgage borrower “pain points” in the consultative process, both generally and specifically to their market.
Recent data gleaned from surveys by AAG and RMD help to show what reverse mortgage professionals should keep in mind about consumers’ home equity thoughts, as well as some surprises.
Seniors have grown closer to their homes and expanded their desire to remain in it, while also expressing that many will continue to work into retirement according to a new survey by AAG.
As the company eyes scalability and growth to address rising consumer demand, American Advisors Group (AAG) has made two key changes to its alternative distribution division for 2021. The company has hired William “Bill” Zielke as Vice President of National Field Sales for the East and Central U.S., and named Scott Harkless Vice President of […]
To close out Reverse Mortgage Daily’s industry coverage in 2020, we took a look at the top stories of the year that garnered the highest readership based on our internal data. To begin the new year, we also took a look at four key trends that the reverse mortgage industry should keep an eye out […]
Home Equity Conversion Mortgage (HECM) endorsements fell by 9.4% in the month of November 2020, for a total of 3,390 loans according to the latest HECM Originators report from Reverse Market Insight (RMI). The fall comes in the midst of generally heightened reverse mortgage industry activity that has been taking place over the past few […]
Now that we’ve all opened presents and sang our renditions of “Auld Lang Syne,” it’s time to get back to work. The reverse mortgage industry is on the cusp of another eventful year in 2021 because of a lot of different components including changes to the Home Equity Conversion Mortgage (HECM) lending limit, a new […]
As the founder and CEO of reverse mortgage industry leader American Advisors Group (AAG), Reza Jahangiri has a singularly unique and holistic perspective on the past, present and future of the reverse mortgage arena. From a leadership perspective, looking back at what helped shape the direction of the industry in 2020 also helps to mold […]
Home Equity Conversion Mortgage (HECM) endorsements fell by 4.6% in the month of October 2020, for a total of 3,741 loans according to the latest HECM Originators report from Reverse Market Insight (RMI). The fall comes in the midst of generally heightened reverse mortgage industry activity that has been taking place over the past few […]