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Why does the Reverse Mortgage Program NEED to Exist?

By |November 15th, 2013|Categories: Baby Boomers, Borrower Obligations, Choosing an Agent, Florida Retirement, General Mortgage Info, Reverse Mortgage Benefits, Reverse Mortgage Regulations|

Why does the Reverse Mortgage Program NEED to Exist? It’s a pretty bold statement but I stand behind it. Aside from the negative media, the recently implemented changes and the success stories of the reverse mortgages, there is the question: why does the reverse mortgage exist? I don’t think it’s a question of [...]

Financial Planners Learn About Reverse Mortgages… Part 2 of 2

By |October 24th, 2013|Categories: Baby Boomers, Mortgage Requirements, Reverse Mortgage Benefits, Reverse Mortgage Changes, Reverse Mortgage Regulations|

Financial Planners Learn About Reverse Mortgages… Part 2 of 2 Security One Lending, a subsidiary of Reverse Mortgage Solutions, is making strides in educating financial planners about the reverse mortgage. The recent changes, in a sense, have lit a spark. Presently, many financial institutions are taking advantage of the change by [...]

Financial Planners Learn About Reverse Mortgages… Part 1 of 2

By |October 22nd, 2013|Categories: Baby Boomers, Bank Vs. Broker, Borrower Obligations, Florida Retirement, Reverse Mortgage Benefits, Reverse Mortgage Changes|

Financial Planners Learn About Reverse Mortgages… Part 1 of 2 I feel now, more than ever, financial planners will be a lifeline for the reverse mortgage industry moving forward. Security One Lending, and it’s parent company, Reverse Mortgage Solutions, seem to think so as well. According to an article, published in Reverse Mortgage [...]

Broker v. Banker: The Double Standard

By |October 21st, 2013|Categories: Baby Boomers, Bank Vs. Broker, General Mortgage Info, Reverse Mortgage Changes|

The double standard doesn’t just apply to male and female anymore, it also applies to brokers and bankers, and they’re just as harsh. Most importantly, brokers have to jump through as many hoops as a basketball during a championship game, and it’s getting ridiculous.  J. Scott Harris, vice president of [...]