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Reverse Mortgage #Market Takes A Fall | AutoTraffic

Reverse Mortgage Counseling Fall Out Hovers Around 50%

“There is about a 35% fall off from case numbers to endorsements using a 3 and 4 month lag,” he said. “The fall off from counseling clients to endorsements is about 50% using the same 3 and 4 month la... read more

5 Times Reverse Mortgages Are A Bad Idea

If you have worsening medical problems With a reverse mortgage, ideally, repayment on the loan doesn't happen until the loan holder passes, at which point, his or her estate would take care of footing ... read more

Liberty’s Michael Kent on the challenge – and the promise – of the reverse mortgage market

Originations are down in the reverse ... to market this year. Do you think we’ll see these products eventually take up a bigger slice of the pie? Will non-agency reverses ever overtake the HECM? A: I ... read more

Mortgage rates pull back after last week’s sharp increase

“Mortgage rates held mostly steady this week despite turbulence in the stock market, which saw its third largest weekly ... to reach into their pockets even further to land a home this fall,” said Jav... read more

New reverse mortgage hits the market

The federal government has expanded its Home Equity Conversion Mortgage, or HECM, to include a product with a smaller loan amount and lower fees. The new HECM Saver made its debut in fall ... reverse ... read more

Reverse mortgages: Are they worth it?

You must be 62 or older to take out a reverse ... good repair (to maintain its market value). Otherwise, the loan could go into default and the lender could demand payment. Starting in March, borrower... read more

Reversing the Negative View of Reverse Mortgages

Americans are going to need reverse mortgages. Most households are going to find that their retirement incomes fall short of their ... the reverse mortgage market is small; only about 2% to 3% of thos... read more

Reverse mortgages have their place

In his recent commentary, “Don’t fall victim to the reverse ... The author's biggest objections to reverse mortgage loans rest erroneously on the myth that with a reverse mortgage, the bank owns or ev... read more

Here are the top 10 reverse mortgage lenders

American Advisors Group: Rebrand No. 1 in the HECM space with nearly 26% of the market ... to take control of our own destiny and to grow a lead division within the walls of HighTechLending, so we can ... read more

Bank pays you: reverse mortgage

Many fall flat, but once in a while the hype grows into a trend. Take ... market, these mortgages are catching on. According to a recent report by the AARP, there were 107,000 such loans made in 2007, ... read more

Realtors Fight HOAs’ Reverse Mortgage Hangups with Education

Despite progress in some communities, homeowners in certain 55-and-over developments face barriers to reverse mortgage ... up and take action. “If you and your neighbors think FHA product availability ... read more

Retirees get creative with reverse mortgages

The strategies that Greene describes fall into two ... their portfolios can take a disproportionate hit if they have to sell during a down market, as many found out the hard way during the 2008-09 cra... read more
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