MortgageReverse

Georgia Reverse Mortgage Fraudsters Charged, Ibis Rolls Out New Programs

ReverseFocusReverse Focus Weekly Podcast Episode #293

From Georgia fraudsters to new Ibis financial planning tools, in this week’s Reverse Focus podcast Shannon Hicks talks reverse mortgage news from coast to coast. 

The new tools from Ibis will help financial planners and loan originators calculate how a reverse mortgage will fit into detailed retirement plans, Hicks says. 

Additionally, the podcast discusses new guidance from the Consumer Financial Protection Bureau geared toward homeowners who are finding themselves falling behind on their loan payments as well as a recent study that explores why consumers take adjustable rate versus fixed rate loans. 

And looking to the fraud story, Hicks tells all about a scam in Georgia that targeted reverse borrowers and bilked both lenders and the federal government in the process. 

To listen, login or become a free member to access past & current episodes.

Talking Points:

  • Ibis Software launches new planning tool
  • The new rules for those falling behind
  • Fixed or Adjustable: Study looks at motivations in borrower choice
  • Defendants scam lenders and borrowers

Listen Now. “Reverse Focus 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.” Editor’s Note: These posts are sponsored by Reverse Focus.

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