HUD Warns Reverse Mortgage Counseling Agencies, Calif. HECM Bill Introduced

NewImage.jpgReverse Fortunes Weekly Podcast Episode #197

The latest podcast from Reverse Fortunes looks into a California reverse mortgage bill that would require face-to-face counseling for all borrowers, similar to a recent law passed in Massachusetts. Additionally, Reverse Fortunes’ Shannon Hicks discusses a recent warning sent by the Department of Housing and Urban Development to reverse mortgage counseling agencies warning those agencies of potential counseling violations.

Hicks also addresses a forthcoming study on reverse mortgages from researchers at Texas Tech that aims to educate the financial planning world on the benefits of funding longevity through the use of home equity.

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

Talking Points:

  • CA Bill will require face-to-face HUD counseling
  • Reverse mortgage counseling agencies warned by HUD
  • Texas Tech study opens up a whole new world
  • Canadians say it’s mainstream

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.

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular Articles

3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please