How Alternative Equity Products Interact with the Reverse Mortgage Industry

In terms of the available options that consumers have to tap into their home equity, so far the paths toward that goal are relatively isolated to something like a Home Equity Line of Credit (HELOC) or a reverse mortgage, either proprietary or a Federal Housing Administration (FHA)-backed Home Equity Conversion Mortgage (HECM). While that is […]

NRMLA Sees Place for Alt. Equity Alongside Reverse Mortgages

The employment of a senior’s home equity in an effort to produce better retirement outcomes by either paying for expenses or increasing a retiree’s quality of life is a cornerstone of the messaging employed by the reverse mortgage industry. Increasingly, alternative equity tapping products are finding a place in the conversation, as several companies have […]

HEQ: Overcoming Misinformation is Key to Global Reverse Mortgage Business

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 […]

Industry Leaders: HECMs to Drive Reverse Mortgage Industry in Near-Term

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 […]

HEQ: RMF President on Keys to Reverse Mortgage Prosperity and Innovation

The proprietary reverse mortgage market is still in relatively early days considering the amount of time in which multiple lenders have been competing in the space. While new products are likely to emerge in 2021, it may be unlikely for proprietary products to ever overtake the FHA-backed Home Equity Conversion Mortgage (HECM) offerings. Still, proprietary […]

Programming Note: Happy Labor Day from RMD

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 Monday, September 7 in observance of Labor Day. Our normal posting schedule and daily email will resume on the morning of Tuesday, September 8. We hope everyone enjoys the long holiday […]

Programming Note: Happy Independence Day from RMD

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 […]

RMD Launches Virtual Demo Day to Connect Home Equity Access to Tech Solutions

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 […]

Reverse Mortgage Daily Changemakers: Class of 2020

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 […]