Reverse Mortgages present another opportunity for mortgage lenders to make loans and for home builders and Realtors to make additional sales. But, are they…
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November 20, 2017
Reversing the Trend on Reverse Mortgages
Don’t look now, but with home values on the rise so is home equity. That means that homeowners may have a little more available…
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September 8, 2017
Seniors Can Tap Equity; Lenders Can Tap Opportunity
Seniors, age 62 and older, hold about 60 to 80% of their total net worth in their home’s equity, according to a recent study…
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July 26, 2016
Good News About Reverse Mortgages
Are you now offering Reverse Mortgages, sometimes known as HECMs (Home Equity Conversion Mortgages)? If not, you may be missing out on another home…
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May 27, 2016
Gerry’s Last Blog Post: Going Forward with Reverse Mortgages
HUD/FHA announced several substantial proposed changes in its Home Equity Conversion Mortgage (HECM) policy & procedures on May 18th. These changes are primarily…
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January 19, 2016
Reverse Mortgages: Another Option
Let’s get away from TRID for a moment. Recent revisions to the reverse mortgage program have made it a more viable option for more…
