09/24/2021
When might a loan fit your needs? CNN outlines how a can benefit you:
When does a home equity loan make sense? | CNN Underscored
If you have a lot of cash trapped in your home, a home equity loan could be an excellent way to tap into that value without having to refinance your home or resort to other lending options with higher interest rates.
09/22/2021
"While the American industry has looked at models established by similar industries in other nations, at least one other country that has appeared to more strongly lean into the product category is facing a problem that should sound familiar to American reverse mortgage professionals: low rates of pe*******on."
Though Potential is High, Reverse Mortgage Pe*******on Remains Low in Australia - Reverse Mortgage Daily
While the potential remains high, reverse mortgage market pe*******on in Australia remains even lower in its market than the American reverse mortgage business is domestically.
09/20/2021
Check out Academy member Peter Neuwirth's new book - Money Mountaineering: Using the Principles of Holistic Financial Wellness to Thrive in a Complex World
Money Mountaineering: Using the Principles of Holistic Financial Wellness to Thrive in a Complex World
Money Mountaineering: Using the Principles of Holistic Financial Wellness to Thrive in a Complex World
09/17/2021
What do younger borrowers mean for the industry? How are hybrid approaches affecting the future of ?
What Hybrid Approaches and Younger Borrowers Could Mean for the Reverse Mortgage Industry - Reverse Mortgage Daily
With major proprietary moves being made by the likes of FAR and RMF, this commentary examines what the potential impacts could be on expanding the audience for reverse mortgages.
09/15/2021
Academy member Barbara Stucki recently published findings on and
How Home Equity and Cash Flow Impact Aging in Place
Older homeowners who have accumulated housing wealth are often seen as being more financially secure in retirement. But uncertainties in later life can make it hard for many seniors to continue to manage their household finances over time. Two new reports examine how home equity can impact cash fl...
09/13/2021
Hear from Academy Director Dr. Craig Lemoine in this article discussing in the Chicago Tribune:
Property values are climbing, but home equity loans are no longer in vogue. Here’s why.
Many are gun-shy, recalling when American homeowners overall lost about a third of their home equity in the real estate meltdown of 2008.
09/01/2021
To shop effectively, must be able to compare the amounts offered of the draw option they need.
Reverse Mortgages Are Complex; HUD Should Make It Easier For Seniors TO Compare Them
Shopping for a HECM reverse mortgage is a waste of time unless the shopper deals with a small group of lenders who “dare to compare” their terms with those of others.
08/30/2021
Are you a baby boomer wondering how to best use your rising ? Here are your options.
Baby Boomers Are Uniquely Poised to Cash in Big on Their Homes
Taking advantage of the hot housing market, many boomers are selling their homes to retire early and spoil their grandkids.
08/27/2021
Home values continue to soar even as the pandemic continues. How can tap into their and what factors should they consider prior to cashing in?
How to Unlock the Equity in Your Home
With the values of homes surging, U.S. homeowners have record amounts of equity available to them. Here are a few ways to cash in.
08/25/2021
The COVID-19 pandemic taught us that we need to be prepared for anything and that resilience is always key. Let's discuss tips and tricks to build resilience and how can fit into your plans.
How a Reverse Mortgage Can Help Make a Retiree ‘Resilient’ - Reverse Mortgage Daily
Retirees who may be looking for additional sources of cash beyond Social Security benefit payments would do well to try and explore non-traditional sources of cash flow like a reverse mortgage, one columnist says.
08/23/2021
Finance of America Reverse (FAR) announced a new educational program to teach the company's partners how to better service clients. Find how is building its program to help better educate their and clients alike.
FAR: New Reverse Mortgage Education Program Hopes to Expand the Business - Reverse Mortgage Daily
RMD sits down with representatives from FAR to dive into the new 'Finance of America University' education initiative for its LOs and partners.
08/20/2021
Hear John Lunde discuss the state of the industry, including how COVID-19 has increased business, changed the industry over the past year, and where the reverse mortgage industry is headed in the future.
RMI’s John Lunde talks future of reverse mortgages - HousingWire
Today's episode features a crossover with the RMD Podcast as Reverse Mortgage Index's John Lunde discusses the state of reverse mortgages.