Jeff Ausman will drive expansion in the forward business channel
The agency said the program ‘is losing money and can no longer remain viable in its present form’
The Office of the Inspector General for the Department of Housing and Urban Development is warning the industry about inflated reverse mortgage appraisals
Only component missing in reverse mortgages is better education for the client
Mortgage debt among seniors is at an all-time high – something lenders in the reverse mortgage market are working to address
Transparency is key when discussing reverse mortgages with clients, especially in the wake of one article about what befalls these loans when the holder dies.
The guidance of financial planners can put client minds at ease about one controversial mortgage product, but could also result in a future referral partner.
The popularity of reverse mortgages is growing among consumers – and one company is taking that concept to stratospheric levels.