Reverse mortgage industry leaders weigh in on how a much higher Social Security adjustment will impact the industry. While it will help seniors, they say, it’s not enough to disqualify the potential need for a reverse mortgage.
FAR announced the launch of a new borrower engagement division for its proprietary reverse mortgage borrowers, which will provide personalized attention to those needing extra help with their servicing issues.
PRMI’s dedicated reverse mortgage center has expanded its footprint to the Midwest, part of a strategy aiming for a broader national expansion.
FAR President Kristen Sieffert sits down with financial and lifestyle magazine Worth to discuss what it takes to build a reverse mortgage lender for leadership now and in the future.
Leaders at two major reverse mortgage lenders describe for RMD the need for the industry at-large to make firmer bonds with those offering home modification services, and what actions are being taken at AAG and FAR in that direction.
With major proprietary moves being made by the likes of FAR and RMF, this commentary examines what the potential impacts could be on expanding the audience for reverse mortgages.
Keeping borrowers adequately educated about basic loan responsibilities is essential, according to a reverse mortgage industry education presentation at a recent trade association event.
A column at Money.com discusses why baby boomers may be uniquely suited for reverse mortgages, and also makes mention of using a reverse mortgage for purchase.
RMD sits down with representatives from FAR to dive into the new ‘Finance of America University’ education initiative for its LOs and partners.
Finance of America Reverse (FAR) announced this week the launch of Finance of America University, a new educational initiative and platform designed to bring partners up to speed on reverse mortgage offerings.