Roger Beane is the Chief Executive Officer of LRES.
With 20 years of experience, Beane possesses a deep understanding of the banking, real estate finance and default management sectors. Beane is a frequent speaker at national conferences.
For anyone actively working in the mortgage industry, it’s no secret that reverse mortgages have taken a brutal hit in the last two years. The U.S. Department of Housing and Urban Development issued major program changes at the end of 2017 that effectively limited the amount of proceeds and the number of people who could qualify for the loan. The result had lenders across the space enduring sizable volume drops and subsequent gashes to their bottom lines.