Michael Pinter's Reverse Mortgage Blog

Mortgage and Lending - First Meridian Mortgage
Everything you ever wanted to know about Reverse Mortgages.
It's a new month and I'm committed to posting everyday as before. Here's what's going on in the Reverse Mortgage world. Reverse Mortgage volume is up and most estimates have an EIGHTY percent increase for the year to about 200,000 loans. It is unbelievable, but even after that, there will still b...
It's been a while since I posted and I apologize for it. I was dissapointed by the response to my videos and I think I'll start typing again. I'll start posting regualrly shortly.
These come from the Journal of Financial Planning: 28% of working people 55 or over have less than $10,000 in liquid savings or investments  90% of parents that give anything to their children, pay for major expenses such as credit cards or student loans 28% of retirees withdraw more than 10% ann...
Reverse Mortgages are really taking off this year and 2009 is looking to be the best year ever for Reverse Mortgages, by far. My typing is horrible, and I'm finding that shooting the video is easier for me and the readers/viewers.
My typing is getting worse, so today's post is a video. I have never been more excited to be in the mortgage business.
I know I've sounded pretty pessimistic lately and I'm sticking to my opinion about the housing market taking until 2011 to rebound. However, there has been a lot of promising news lately. I posted last week about the first lender to start offering a proprietary, jumbo Reverse Mortgage product. I ...
Here is one closing from last week. Fred was a great client and as always, he was thrilled with getting a Reverse Mortgage. I hope he lives for a zillion years, too.
The greatest news was the increase in the limits. The second greatest news realease was that First Reverse is starting up a propietary product again for large loan amounts above the new FHA limit. Last October every lender discontinued their propietary products (there were more than a dozen) beca...
First of all, thank you all for your feedback. I now know that I should record my videos inside and that my profile picture is pretty old. Second of all, Reverse Mortgages are really booming! I am busier than I ever have been. Many peopel are hurting today and Reverse Mortgages are an excellent w...
Here is some follow up on last Friday's post, based on some of the feedback I got via comments, emails and some phone calls.

Michael Pinter

local_phone(718) 906-6132
smartphone(917) 701-5666
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Everything you ever wanted to know about Reverse Mortgages.