MortgageReverse

NY Times Covers Wells Exit, Canadians Go Young With Reverse Mortgages

NewImage.jpgReverse Fortunes Weekly Podcast Episode #159

The latest podcast takes a look at the New York Times coverage of Wells Fargo’s exit from the reverse mortgage retail business, and a Canadian bank’s decision to offer reverse mortgages to homeowners who are 55 years and older. Shannon Hicks also discusses the departure of Vicki Bott, a supporter of the HECM program, from the Department of Housing and Urban Development.

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Talking Points:

  • New York Times covers Wells exit from reverse mortgages
  • Senior households to skyrocket says report
  • Canadians go young with reverse
  • Vicki Bott to leave HUD this month

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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