How Coronavirus is Impacting Reverse Mortgage Inquiries and Meetings

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 […]

5 Reverse Mortgage Lenders to Look Out For in 2020

The reverse mortgage industry as a whole has had to contend with a lot of structural changes in recent years, whether coming from the federal government in the form of mandated alterations to the Home Equity Conversion Mortgage (HECM) program, or just in terms of adapting to serve a wider swath of senior clientele who […]

How One Lender is Defying the Odds by Growing With HECM For Purchase

Despite some reverse mortgage stakeholders believing the HECM for Purchase loan would be looked at as a “sleeping giant” for the industry, loan counts have represented a plateau for the product at around 7% of volume. Many see the product’s potential, and have touted it across the country to Realtors and other real estate partners, […]