Latest Blog Posts for Reverse Mortgage Daily

• New Reverse Mortgage Underwriter and Originator Jobs Posted
  on Jan 22, 2010 in News Reverse Mortgage Reverse Mortgage Jobs
  Reverse mortgage companies are looking to expand, check out the latest jobs from Reverse Mortgage Jobs Online: Reverse Mortgage Loan Officer (Annandale/Norfolk Region) WSFS Reverse Mortgage Loan Officer (Baltimore, Harford, & Cecil Count...
• Last Chance, Sign Up for eCommission Webinar
  on Jan 22, 2010 in News Reverse Mortgage
  Have you noticed it’s taking longer to close a HECM? From slow wholesale underwriting turn times to new compliance requirements in 2010, the costs of originating reverse mortgages continues to rise.  Managing the cash flow of your business has...
• Decline in Home Prices Has Significant Impact on Value of HECM Portfolio
  on Jan 22, 2010 in News Reverse Mortgage
  The current economic crisis and burst of the housing bubble has had a significant impact on the reverse mortgage guarantee provided by HUD on HECM loans according to an article by Jonathan Glowacki and Mike Jacobson of Milliman on Friday at Mortgage...
• WAPO: Reverse Mortgage Market Has No Resemblance to Subprime Marketplace
  on Jan 22, 2010 in News Reverse Mortgage
  Washington Post contributor Jack Guttentag writes in his latest column that Reverse mortgages are not the next subprime.  He adds that: For reasons not clear to me, reverse mortgages are being bad-mouthed by an unlikely source: consumer groups...
• Long Term Care, Irrevocable Life Insurance Trusts, and Reverse Mortgages
  on Jan 21, 2010 in Commentary News Reverse Mortgage
  Late last month Mr. Bob Greene stated:  “I have often wondered why there is such an uproar … against using a portion of reverse mortgage proceeds to fund LTCi or an ILIT. These … can be valuable tools to assist in protecting ones estate an...
• FHA Announces Significant Policy Changes
  on Jan 20, 2010 in FHA News Reverse Mortgage MIP
  Federal Housing Authority (FHA) Commissioner David Stevens announced a sweeping series of policy changes this morning to address concerns about FHA’s capital reserves and strengthen the agency against further risk. The policy changes include an in...
• California Reverse Mortgage Lender Files for Bankruptcy
  on Jan 20, 2010 in News Reverse Mortgage
  Sacramento Business Journal is reporting that New Horizons Reverse Mortgage has filed for Chapter 7 bankruptcy liquidation.  According to the article, the California based reverse mortgage lender leased a 8,600 square of office space at the beg...
• Reverse Mortgage Rates – January 20, 2010
  on Jan 20, 2010 in News Rates Reverse Mortgage
  The average reverse mortgage borrower will see their Initial Benefits stay the same as last week. Ibis considers an average borrower to be a 73-year old in a $250,000 home that chooses a LIBOR+250 HECM. The rates as of 1/20/10 are: Reverse Mortgage...
• Take Part in the State of the Reverse Mortgage Originator Survey
  on Jan 20, 2010 in News Reverse Mortgage
  We’ve teamed up with RM Insight to develop the first State of the Reverse Mortgage Originator Survey to establish a loan officer performance and sentiment benchmark and the initial results have been great. In the last week, over 300 originators par...
• HUD to Release New Financial Interview Tool for HECM Counselors
  on Jan 19, 2010 in Counseling FHA News Reverse Mortgage FIT
  The US Department of Housing and Urban Development will publish a new reverse mortgage counseling protocol next month according to the National Reverse Mortgage Lenders latest Monday Report.  After the protocol is published, HUD said it will tak...

{pvComments::user_name}

{pvComments::date}

Delete 

{pvComments::comment}

Post a Comment