In late 2019, the National Reverse Mortgage Lenders Association (NRMLA) held its Annual Meeting and Expo in Nashville, Tenn. The event was considered a success by both the association and at… Read More
Sky-high mortgage rates have made it difficult for industry pros to connect with new and existing borrowers. Refinance business is paltry, while new originations are harder to come by as hig… Read More
Reverse mortgages, specifically Home Equity Conversion Mortgage (HECM) products, are highly regulated and sponsored by the U.S. government. However, they still have reputational issues and t… Read More
As the reverse mortgage industry continues its adjustment to the current rate environment and new Ginnie Mae issuer landscape, volume dipped while issuance rose slightly in September.
Hom… Read More
Because reverse mortgages can be a lightning rod of a topic in the realm of financial services, educating consumers about the product can often be a challenge for individual loan originators… Read More
There are a couple longstanding debates in the reverse mortgage business. One is loan originator specialization, whether a lender or broker shop should have dedicated reverse LOs, or “… Read More
Federal Housing Administration (FHA) Commissioner Julia Gordon once again offered the reverse mortgage industry a rock-solid commitment to the Home Equity Conversion Mortgage (HECM) program… Read More
If you’re thinking about buying a home, one of the questions you might be asking is: What is home equity?
It’s an excellent question to ask.
Home equity is like… Read More
The Federal Bureau of Investigation (FBI) is sounding the alarm about rising levels of elder financial abuse, particularly in the form of scams targeting seniors. This is according to a repo… Read More
Young couple in front of a house, holding keys of their new home
gettyOwning a home is not a requirement to obtain financial security. This is a discussion of when it can be okay for inve… Read More
At a certain point in our lives, we all have accumulated a certain amount of debt. In fact, the average American owns around $21,800 in personal debt. Of course, when dealing with such a sit… Read More
Donald Trump’s civil trial continues in Manhattan on Tuesday in a case that threatens to dismantle elements of the previous US president’s enterprise empire and sharply curtail h… Read More
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Assistant Secretary for Housing and Federal Housing Administration (FHA) Commissioner Julia Gordon will deliver a keynote address to kick off this year’s National Reverse Mortgage Lend… Read More
Intercoastal Mortgage Garner NC: At Intercoastal Mortgage in Garner, NC, we understand the importance of homeownership and are committed to making that dream a reality for our clients.
A… Read More
Healthcare, and the costs associated with it, undoubtedly constitutes one of the most critical aspects of our lives. Being informed about health-related finances not only empowers us to make… Read More
With the lender aiming to make a bigger splash in reverse, this month’s RMD Podcast guest is loanDepot‘s Chief Marketing Officer Alec Hanson! Over the course of a wide-rangin… Read More
For nearly 50 years, Charles had been concertmaster to some of the greatest conductors of the age: Sir Thomas Beecham, Leonard Slatkin, Mstislav Rostropovich — to name a few. When I me… Read More
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Here’s a reason to be cheerful: Inflation is finally receding. But don&rsquo… Read More