Monthly Archives: June 2012

Reverse Mortgage News

Reverse Mortgages Pros Fortune Releases New List of Top 20 Retirement Destinations Retirees are becoming more active and they are living longer. Thus, they are looking for new, bigger, better places to retire. CNN Money/Fortune compiled a new list of

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Reverse Mortgage News

Reverse Mortgages Pros Senior Households’ Net Worth Drops 13%, Still Dominated by Home Equity Despite a 13% drop in median household wealth between 2005 and 2010, senior households fared much better than other age groups and have the most home

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Reverse Mortgage News

Reverse Mortgages Pros Today Show to Boomers: Prepare Now for Shrinking Inheritance Baby Boomers should start preparing now to inherit less than expected from their parents, a Today Show segment featuring finance expert Jean Chatzky says. The shrinking inheritances seen

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Reverse Mortgage News

Reverse Mortgages Pros Friday Round-Up: First National Bank Exits Reverse Mortgages In case you missed it…here’s what happened in reverse mortgage news this week.  First National Bank exited the business. After growing its origination platform to become a top-10 lender,

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Reverse Mortgage News

Reverse Mortgages Pros Coester Appraisal Group Announces Name Change, New Operations Manager Reverse mortgage appraisal management company (AMC) Coester Appraisal Group this week announced a name change to CoesterVMS.  The Rockville, Maryland-based company has recently grown its business into the

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Reverse Mortgage News

Reverse Mortgages Pros Benefits of Being a Reverse Mortgage Broker, Lenders Post Big Gains Reverse Fortunes Weekly Podcast Episode #211 Reverse mortgage brokers have recently improved their position in the market among better pricing and fewer regulatory challenges than in

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Reverse Mortgage News

Reverse Mortgages Pros Friday Round-Up: Why MetLife Quit Reverse Mortgages, Seniors Go Online In case you missed it… here’s what happened in reverse mortgage news this week.  A Tom Kelly column took a crack at why MetLife really left the

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Reverse Mortgage News

Reverse Mortgages Pros NeighborWorks Announces New Chief Operating Officer NeighborWorks America, national housing non-profit and HECM counseling hub for Department of Housing and Development-approved agencies, today announced that is has named Charles “Chuck” Wehrwein its new Chief Operating Officer.  In his

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Today’s Links

Obama Scorecard: Housing Shows Promise, But More Mortgages Underwater As it’s been for the past several months, the Obama Administration’s housing scorecard for the month of May is a mixed bag of indicators, with foreclosures starts declining but underwater mortgages

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Today’s Links

National Association of Realtors: What to Make of Reverse Mortgages? A National Association of Realtors (NAR) blog post published Thursday aims to inform its members of Home Equity Conversion Mortgages by asking: What to Make of Reverse Mortgages? NAR is

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