Genworth Eliminates Product Offerings, Letter-Writing Campaign Launches

NewImage.jpgReverse Fortunes Weekly Podcast Episode #177

Reverse Fortunes’ latest podcast discusses Genworth’s recent suspensions of several reverse mortgage product offerings. Also hear from Reverse Fortunes’ Shannon Hicks on a recent letter-writing campaign launched by Reverse Mortgage USA that enables borrowers reach out to senators and other lawmakers with their positive reverse mortgage experiences.

Hicks also talks about a study examining how housing costs can burden older homeowners, and mentions the possibility of conducting financial assessments on potential HECM borrowers, with many originators looking to the Federal Housing Administration to release underwriting guidelines.

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Talking Points:

  • Genworth strips product offerings
  • Take borrower stories straight to lawmakers
  • AAG & MetLife double volume
  • Specific guidelines? Financial Assessment

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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