MortgageReverse

AARP Fighting Fed’s TILA Proposal, HECM Counseling Fatigue and More

NewImage.jpgReverse Fortunes Weekly Podcast Episode #132

AARP is fighting changes in the Fed’s Truth In Lending Proposal related to reverse mortgages

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Talking Points:

  • Take it back…says AARP
  • Higher retirement age proposed
  • Value checks? Not quite but helpful
  • Borrowers now can access reverse mortgage loan info online
  • HECM counseling fatigue. Longer sessions

Knowledge & Insight:

Using video and new technology to reach reverse mortgage borrowers

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