ARCHIVED BLOG POSTS
2014
Positive Press Surges for Reverse Mortgages During June The recent changes to the reverse mortgage cam swiftly last September 30 and changed the landscape of the reverse mortgage program for future borrowers. One of the biggest hurdles since the changes, however, has been combating the establishe...
07/17/2014
NRMLA Reissues Ethics Guidance for HECM-to-HECM Refinance After Recent Changes The reverse mortgage program continues to change for the better, this time making more proceeds for older borrowers. According to an article published by Reverse Mortgage Daily, at an interest rate of 6% borrowers who ...
07/15/2014
CFPB's Interpretive Rule on Mortgages Benefits Borrowers and Heirs The Consumer Financial Protection Bureau has issued an interpretive rule that will allow heirs to take over the mortgage of their loved ones when the borrower dies. According to an article in Reverse Mortgage Daily, CFBP's clarifi...
07/10/2014
Using a Reverse Mortgage for Changing Retirement Plans The reverse mortgage is still a viable option for seniors hoping to pay off their mortgage and continue to live debt free during retirement, but very few take advantage of it. In fact, according to a nationwide survey, presented at the Nation...
07/03/2014
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Phil Stevenson, CRMP
"Mortgage Nerd" in Miami, Florida and Texas
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Mortgage / Finance
about 4 years ago
Mortgage / Finance
over 4 years ago
Mortgage / Finance
over 4 years ago