Thank you once again to Reverse Mortgage Daily’s dedicated base of readers for your continued support! As a reminder, RMD will be closed on Friday, July 3 in observance of Independence Day. Our normal posting schedule and daily email will resume on the morning of Monday, July 6. We hope everyone enjoys the long holiday […]
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 […]
The only true constant in the world is change, and for the reverse mortgage industry that seems to especially be the case. Because the industry is often defined by factors that come from both evolving business necessities as well as changing political headwinds, the ability for the reverse mortgage product category to remain a reliable […]
When it comes to the global economic impact of the COVID-19 coronavirus pandemic, no business sector has been sheltered. While service, hospitality and travel industries are making headlines for particular hardship being faced by the pandemic, the economic ripple effect stemming from this outbreak is sure to reach every corner of the global economy to […]
Reverse mortgage capital markets were not spared from the economic impact of the COVID-19 coronavirus pandemic shortly after a national emergency was declared in the United States. However, new data on secondary market trading of Home Equity Conversion Mortgage (HECM)-backed securities (HMBS) appears to be showing increasing signs of stability, potentially signaling that additional stability […]
Reverse mortgage professionals across the country are being inundated with a constantly-evolving situation related to the COVID-19 coronavirus pandemic. For some seniors whose retirement plans have been affected, looking at reverse mortgages has become a way to access needed cash. This is according to outreach conducted by RMD, and results of a recent Pulse Survey […]
Proprietary reverse mortgage products that are not reliant on the Federal Housing Administration (FHA)-backed Home Equity Conversion Mortgage (HECM) program remain a major source of industry optimism for those within it as of the beginning of 2020. This is according to Reverse Mortgage Daily’s Outlook Survey and Report, conducted online in December 2019. The survey […]
Reverse Mortgage Daily is calling on its readers to provide insight on how the coronavirus pandemic has affected the way that reverse mortgage professionals are doing business. Periodically, RMD will aim to take the “pulse” of the current reverse mortgage business climate by asking a short series of 3-to-5 questions about current issues facing the […]
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 […]
