Free Counseling Returns, Reverse Mortgages Make Headlines

NewImage.jpgReverse Fortunes Weekly Podcast Episode #199

The latest podcast from Reverse Fortunes looks at the return of free reverse mortgage counseling, now offered by several agencies following the housing counseling grant announcements made earlier this month. Additionally, Reverse Fortunes’ Shannon Hicks discusses a recent Forbes article that examines reverse mortgages from “new angles” following a MetLife Mature Market Institute report indicating that borrowers are getting younger.

Hicks also points to a recent hint that RESPA enforcement may be getting stronger for lenders in the coming year as well as a report suggesting that reverse mortgages are going mainstream and a study showing that people meeting the age requirements of a reverse mortgage cannot afford their daily expenses.

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Talking Points:

  • Free counseling returns
  • Putting themselves at risk? (Forbes article)
  • RESPA enforcement to ramp up? Are you ready?
  • Fast becoming mainstream
  • Cannot meet daily expenses

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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