So You Have a Reverse Mortgage Loan… Now What Do You Do with Your Time?
So You Have a Reverse Mortgage Loan… Now What Do You Do with Your Time? Many of the blog posts I write deal with how and why a borrower should get a reverse mortgage loan but, like the classical Disney movie, I rarely talk about what happens after “the happily [...]
The Consumer Financial Protection Bureau May Be Held Accountable…
The Consumer Financial Protection Bureau May Be Held Accountable… According to an article published by HousingWire, congressional Republicans put to a vote the Consumer Financial Freedom and Washington Accountability Act, a bill that will bring transparency and accountability to one of the least regulated agency in the federal government. Lately, the [...]
New Reverse Mortgage Loan Offers New Opportunities for Consumers
New Reverse Mortgage Loan Offers New Opportunities for Consumers The new, consolidated reverse mortgage was already introduced five months ago but that doesn’t mean we should stop trying to educate consumers. In fact, I think five months is relatively short in the face of all the industry wishes to accomplish with [...]
How Do You Deal With Changes (to the Reverse Mortgage Program)?
How Do You Deal With Changes (to the Reverse Mortgage Program)? There is no right or wrong way to deal with change. Every time the reverse mortgage program has changed in the last year I haven’t had an exact blueprint on how I would need to change myself, or my business, [...]
Reverse Mortgage Changes Offer a New Beginning
Reverse Mortgage Changes Offer a New Beginning How many times has something in your lives changed? A lot? A little? Were you happy with it? Angry? What did you do to make it better? In truth, there are plenty of things those of us in the reverse mortgage industry can [...]
The “HECM Choice” Offers Consumers More Choices
The “HECM Choice” Offers Consumers More Choices Months after unveiling their new reverse mortgage product, the “HECM Choice,” Reverse Mortgage Funding has announced that it has expanded the HECM Choice to include all payment options at origination. When the HECM Choice was first announced, it was the first fixed rate [...]