Items Tagged with 'Bob Yeary'


  • Hot Seat: Robert D. Yeary

    From his most unforgettable memory to his thoughts about the reverse space, we get the personal and professional facts from Robert D. Yeary, chairman of Reverse Mortgage Solutions, in our monthly edition of The Hot Seat. You can't always be the best, but you’d better strive to be the best. My favorite magazine is Popular Mechanics. I love to see the wild and crazy things that are in our future and excerpts from years gone by. When I was younger I wanted to be a lawyer, but I got sidetracked by military service. Every morning I thank God for being
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  • Originating: Reverse Lenders Have Reasons for Optimism, But Must Change as Their Customers Do

    The reverse mortgage industry faced some serious and significant challenges in 2010, probably led by the continued decline in home prices, which meant many senior borrowers weren’t able to extract as much equity out of their homes as they previously thought – or any at all. The foreclosure epidemic continued to grow and spread. Many reverse mortgage borrowers defaulted on their loans because they couldn’t or didn’t make necessary tax and insurance (T&I) payments or required repairs on their properties. At the same time, the FHA raised its annual insurance premium on reverse mortgages to 1.25 percent, up from 0.5
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