Monthly Archives: June 2013

Reverse Mortgage News

Reverse Mortgages Pros Friday Round-Up: AARP Spells Six Reverse Mortgage Changes In case you missed it… here’s what happened in reverse mortgage news this week.  AARP outlined six reverse mortgage fixes. Upon testifying before a Senate subcommittee in June, AARP Public

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Reverse Mortgage News

Reverse Mortgages Pros Chamber of Commerce Challenges Legality of CFPB Data Requests A division of the U.S. Chamber of Commerce is pushing back against the Consumer Financial Protection Bureau following reports regarding the agency’s collection and use of “big data.”

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Reverse Mortgage News

Reverse Mortgages Pros Financial Planner Changes Reverse Mortgage Ways, Low Apps Signaling a New Trend? Reverse Focus Weekly Podcast Episode #263 In this week’s Reverse Focus podcast, Shannon Hicks discusses interest rates may rise but not as soon as some

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Reverse Mortgage News

Reverse Mortgages Pros Friday Round-Up: Reverse Mortgage Apps Drag, Senators Seek Answers In case you missed it…here’s what happened in reverse mortgage news this week. Reverse mortgage applications plunge after FHA changes. The Federal Housing Administration’s (FHA) moratorium on the

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Reverse Mortgage News

Reverse Mortgages Pros CFPB Brings Consumer Complaint Access Local Through City Partnership The Consumer Financial Protection Bureau its taking on a local focus through a partnership with the city of Boston announced this week.  The partnership will allow Boston-area consumers

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Reverse Mortgage News

Reverse Mortgages Pros HUD Updates Non-Recourse Language in Reverse Mortgage Handbook Following changes to the language regarding the non-recourse nature of reverse mortgages under the Federal Housing Administration’s Home Equity Conversion Mortgage program, language for counselors and lenders has been

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Reverse Mortgage News

Reverse Mortgages Pros Friday Round-Up: House Passes Reverse Mortgage Reform Bill In case you missed it…here’s what happened in reverse mortgage news this week.  Reverse mortgage stabilization bill passes House. The bill’s passing in the House brings the Department of

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Reverse Mortgage News

Reverse Mortgages Pros Reverse Lenders See Playing Field Leveling as April Volume Dips Total reverse mortgage endorsement growth hit a minor road bump in April, declining modestly for the month, according to a report released today by Reverse Market Insight

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Reverse Mortgage News

Reverse Mortgages Pros S1L Launches Reverse Mortgage Portal, CFPB Releases New Mortgage Exam Rules Reverse Focus Weekly Podcast Episode #261 In this week’s Reverse Focus podcast, Shannon Hicks discusses protection for surviving spouses. While this regards traditional mortgages, rather than

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Reverse Mortgage News

Reverse Mortgages Pros Improving Markets Increase in June, More than 70% Report Growth Despite a minor setback in May, the number of improving metropolitan housing markets rebounded slightly during June. The number of U.S. housing markets on the mend rose

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