Terms of Service

Terms are coming soon.

New Homes, Retirement Savings: Originators Share HECM Success Stories
Despite industry concerns about lower endorsement volumes and constrained principal limits, reverse mortgage originators continue to see success stories on the ground level. Kathy Collins, a branch manager at UMAX Mortgage in Carlsbad, Calif., recently assisted a couple who opened a Home Equity Conversion Mortgage to fund their grandson’s education. “I presented them with what […]
Half of Older Adults Say They’re ‘Chasing’ a Solid Retirement Plan Without Success
Yet another survey of American retirement savers has revealed that a significant chunk of people don’t feel comfortable with the amount of money they’ve already stockpiled — with about half feeling as though they’re chasing a retirement dream that may have already left them behind. In a recent poll of adults aged 45 to 65 […]
Reverse Mortgage Borrower Motives Expand as Education Spreads
As the industry continues to adapt to a new landscape of lower principal limit factors, reverse mortgage experts say it’s key to remember why most borrowers pursue the products in the first place — and how those motives have changed amid greater education and positive news coverage. Traditionally, homeowners take out reverse mortgages to gain […]
Rising Interest Rates Prompting Homeowners to Stay in Place
The Great Recession still looms large in the housing market, as homeowners who took advantage of low interest rates at the beginning of the decade are increasingly electing to stay in their properties instead of trading up. “Although homeowners have more equity today, most of them also have ultra-low-rate mortgages they locked in during the […]
Reverse Mortgage Originators Step Up for Borrowers Long After the Loans Close
Few originators’ duties are complete after a client’s reverse mortgage has been closed. For many borrowers, these reverse mortgage specialists continue to be the first point of contact when assistance is needed with their loan. Although some borrowers have general questions, servicing issues are often the reason why an originator hears from a borrower again. […]