Monthly Archives: July 2012

Reverse Mortgage News

Reverse Mortgages Pros Sponsored: Greenlight Financial Now Hiring with $10K Signing Bonus Greenlight Reverse is now offering a $10,000 signing bonus for new LOs. The Irvine, Calif.-based reverse mortgage lender is offering this $10,000 signing bonus to only the next 4

Tagged with: , , , , ,
Posted in Uncategorized

Reverse Mortgage News

Reverse Mortgages Pros New Illinois Law Levels Playing Field for Reverse Mortgage Brokers Illinois Governor Pat Quinn Thursday signed a bill into law that will help to even the playing field between reverse mortgage brokers and lenders who are able

Tagged with: , , , , ,
Posted in Uncategorized

Reverse Mortgage News

Reverse Mortgages Pros NCOA Debunks 8 Reverse Mortgage Myths Most every reverse mortgage professional has confronted common myths about the loan types. This week the National Council on Aging released its own list of reverse mortgage myths and set out

Tagged with: , , , , ,
Posted in Uncategorized

Reverse Mortgage News

Reverse Mortgages Pros Upon Dodd-Frank Anniversary, Critics Say It’s Still Bad for Business The Dodd-Frank Wall Street Reform and Consumer Protection Act counts two years this week since it was signed into law by President Obama on July 21, 2010. 

Tagged with: , , , , ,
Posted in Uncategorized

Reverse Mortgage News

Reverse Mortgages Pros Friday Round-Up: Urban Says Goodbye to Wagner, S1L Welcomes New EVP In case you missed it… here’s what happened in reverse mortgage news this week.   Urban Financial announced it will part ways with Robert Wagner. Urban says

Tagged with: , , , , ,
Posted in Uncategorized

Reverse Mortgage News

Reverse Mortgages Pros HUD Launches New Program to Sell Troubled FHA Mortgages The Department of Housing and Urban Development is launching a new effort to dispose of severely distressed federally-insured mortgages and avoid costly foreclosures.  An expansion of an FHA

Tagged with: , , , , ,
Posted in Uncategorized

Reverse Mortgage News

Reverse Mortgages Pros Is Today’s Housing Market The Equivalent of a “Lost” Decade? Some analysts are saying that housing has hit rock bottom and that brighter times for home prices are on the horizon. A Reuters article this week, however,

Tagged with: , , , , ,
Posted in Uncategorized

Reverse Mortgage News

Reverse Mortgages Pros Friday Round-Up: New Findings on CFPB Reverse Mortgage Report In case you missed it… here’s what happened in reverse mortgage news this week.  We took a look at the CFPB’s recent reverse mortgage research. What we found:

Tagged with: , , , , ,
Posted in Uncategorized

Reverse Mortgage News

Reverse Mortgages Pros Reverse Mortgage Volunteers Needed for Oct. Habitat for Humanity Event Reverse Mortgage professionals will gather Friday, October 13 in San Antonio Texas in a volunteer effort for Habitat For Humanity. The event will be held prior to

Tagged with: , , , , ,
Posted in Uncategorized

Reverse Mortgage News

Reverse Mortgages Pros CFPB says Reverse Mortgages Confuse Seniors, But Fails to Talk to Borrowers A reverse mortgage study released by the Consumer Financial Protection Bureau last week concluded that seniors were confused by the products. “Our study finds that

Tagged with: , , , , ,
Posted in Uncategorized