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 […]
Home Equity Conversion Mortgage (HECM) endorsements fell by 1.9% in the month of September 2020, for a total of 3,923 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 […]
Industry-leading reverse mortgage lender American Advisors Group (AAG) is preparing for the upcoming Veterans Day holiday in the United States by holding an event designed to communicate the potential benefits of a reverse mortgage loan specifically for seniors who are also veterans of the United States military. Facilitated by the recent feature of AAG in […]
As the impact of the COVID-19 coronavirus pandemic continues to affect the lives of millions of people all across the United States and around the world, the guidance handed down from health officials strongly suggests that people maintain social distance and refrain from spending time in crowds whenever possible. This has led to the wide […]
While the major players composing the top 10 reverse mortgage lenders has remained pretty consistent for the majority of 2020, the rankings within those top 10 have shifted as lenders have found themselves acclimating to a heightened business climate stemming from a low interest rate environment, and the additional pressure on seniors’ finances caused by […]
