CFPB Releases Milestone Reverse Mortgage Report, Consumers Union Calls for Protections

NewImage.jpgReverse Fortunes Weekly Podcast Episode #213

The Consumer Financial Protection Bureau has just released a milestone report on the reverse mortgage industry, marking its first public statements on the HECM program and products. Reverse Fortunes’ latest podcast looks into the study and what it means. Additionally, Reverse Fortunes’ Shannon Hicks talks about a recent lawsuit targeting the same bureau for its constitutionality.

Hicks also discusses a call by the Consumers’ Union for more reverse mortgage protections and oversight, as well as a look into financial planning software from Fiserv that incorporates reverse mortgage calculations into its retirement planning projections. 

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Talking Points:

  • Lawsuit calls Bureau unconstitutional
  • Financial Planning software goes reverse
  • CFPB Reverse Mortgage Study Released
  • Consumer’s Union wants even more reverse oversight

Listen now“Reverse Fortunes is the ultimate resource for reverse mortgage professionals providing the technology, training and marketing to grow your business. We are your one-stop resource for those committed to taking their business to the next level.” Editors Note: These posts are sponsored by Reverse Fortunes.

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