Monthly Archives: August 2012

Reverse Mortgage News

Reverse Mortgages Pros Labor Day Round-Up: LO Comp Praise, Reverse Mortgage Application Process Scrutinized In case you missed it, here’s what happened in reverse mortgage news this week:  Brokers applauded CFPB’s LO comp plans… but reverse questions remain. In response

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Reverse Mortgage News

Reverse Mortgages Pros CFPB LO Comp Proposal Gets Applaud, Will it Cause Reverse Mortgage Problems? In response to a recent rule proposed by the CFPB that would change the way mortgage loans are originated, many forward originators are applauding the

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Reverse Mortgage News

Reverse Mortgages Pros Inman: Reverse Mortgages, The Most Scrutinized Financial Vehicle In America Likening the oversight of reverse mortgages to home inspectors focused on different abusive homebuilding practices, Inman New columnist Tom Kelly writes this week about the scrutiny over

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Reverse Mortgage News

Reverse Mortgages Pros Property Taxes are the Elephant in Retirees’ Living Rooms: Morningstar Property taxes are the “elephant in many retirees’ living rooms,” writes Morningstar’s Christine Benz in highlighting four strategies for handling mounting property tax for older Americans.  Because

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Reverse Mortgage News

Reverse Mortgages Pros Generation Mortgage Applauds New CFPB Mortgage Servicing Proposals Reverse mortgage lender Generation Mortgage today released a statement in support of recent mortgage servicing changes proposed by the Consumer Financial Protection Bureau that aim to make the mortgage

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Reverse Mortgage News

Reverse Mortgages Pros HUD Names New Director to Combat Fraud, Strengthen Program Integrity The Department of Housing and Urban Development has named Michael Stolworthy as Director of Fraud Prevention and Program Integrity for the department’s Office of Inspector General.  Previously,

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Reverse Mortgage News

Reverse Mortgages Pros At-Home Care Demand Surges, Will Supply Be Enough? While studies show older Americans prefer to age in place, there is a question about how the population will handle the services they require in order to do so.

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Reverse Mortgage News

Reverse Mortgages Pros Impac Profits Soar, Company Looks to Reverse Mortgage Division Growth Impac Mortgage Holdings Inc. (NYSE: IMH) today announced net earnings of $4.2 million, or $0.51 per diluted share in the quarter ended June 30, up substantially from

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Reverse Mortgage News

Reverse Mortgages Pros Bloomberg News: Housing is Presidential Elephant-in-the-Room What will presidential candidates Barack Obama and Mitt Romney do about the housing crisis? It’s anybody’s guess, write Bloomberg News editors in an article urging the candidates to talk about this

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Reverse Mortgage News

Reverse Mortgages Pros Friday Round-Up: Knight Capital Rises, Financial Planners Look to Reverse Mortgages In case you missed it… here’s what happened in reverse mortgage news this week.  New research showed reverse mortgage benefits in financial planning. A study published

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