Despite Optimism, Reverse Mortgage Pros Still Wary of Education Hurdles

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 […]

A Look at the Top Episodes of the RMD Podcast

When Reverse Mortgage Daily launched The RMD Podcast in 2019, the site did so in an attempt to provide additional context and (literal) voice to some of the biggest, most prominent issues and players in the reverse mortgage industry. The episodes that have been released thus far have had guests ranging from the most visible […]

Welcoming 2020 and Reflecting on a Year of Reverse Mortgages

When I first joined Reverse Mortgage Daily a little over one year ago, I had a hard time telling a HECM from a ham sandwich. Perceptions about the reverse mortgage industry on my end were probably not too dissimilar from the perspectives encountered by originators having exploratory conversations with clients, or initial counseling sessions trying […]

Programming Note: Happy Holidays from RMD

With only days remaining until Christmas, the team here at Reverse Mortgage Daily wants to express warm wishes and happy holidays to all of our valued readers! In observance of Christmas and New Year’s Day, RMD’s Chicago headquarters will be closed from Tuesday, December 24 to Wednesday, January 1, with our normal posting schedule and […]

RMD Announces Launch of New Conference, HEQ

UPDATE: To ensure the health and safety of all attendees, HEQ — which was originally scheduled for June 18 in Chicago — will now be held September 1 and 2 in a digital format. See the original, archived event announcement below. Reverse Mortgage Daily (RMD) is pleased to announce a first-ever event of its kind: […]

Private Reverse Mortgages No Longer Limited to Jumbo Values

Borrowers of proprietary reverse mortgages are increasingly becoming more closely aligned with the typical profile of a Home Equity Conversion Mortgage (HECM) borrower, through two very identifiable attributes: loan amounts that are in-line with those of a more traditional HECM, and the use of a loan’s proceeds to consolidate and pay off existing debt of […]

Reintroducing RMD’s Comments Community

For longtime readers of Reverse Mortgage Daily, many have participated in industry dialogue by commenting in response to articles on RMD. The success of RMD was built on community, and we appreciate that comments are an important way to support productive industry discourse. Comments were disabled for several months following a RMD website redesign earlier […]