The reverse mortgage market is lucrative, growing, and finding ways to help seniors when nothing else can. So why are some traditional originators wary of adding reverse mortgages to their product mix? MPA sat down with six reverse mortgage experts to talk about growing the industry, attracting new talent and tapping into a market of 10 million homeowners
When the Department of Housing and Urban Development first announced the reverse mortgage program back in 1989, Jeffrey Taylor knew he had to jump at the opportunity
Open Mortgage founder and CEO Scott Gordon's new book covers the ins and outs of the reverse space, as well as the latest regulatory changes
The reverse mortgage industry can be lucrative – but jumping in for the first time can be nerve-wracking. That’s why originators looking to get into the reverse space should work with a company that’s willing to take the time to work with them as they learn
The reverse space is always looking to grow. But why should a traditional originator add reverse mortgages to a product mix that’s already doing just fine?
Right now, the reverse industry is tapping just 2% of the eligible market. But the reverse industry is set to expand, according to Kimberly Smith, senior vice president of wholesale lending for American Advisors Group