HECM Loan

A Reverse Mortgage Documentary Produced By Kirby Bradley HECM loan explained.  Kirby Bradley, an ESPN award-winning film producer, known for Real Sports with Bryant Gumbel and 30 for 30, has recently produced a short documentary on one of the most misunderstood retirement products available, a reverse mortgage loan (aka a HECM loan). This informative documentary […]

Home Equity Conversion Mortgage

Home Equity Conversion Mortgage Home Equity Conversion Mortgage.  Let’s talk about one of the most confusing aspects of a reverse mortgage loan-home equity. Most people are concerned about the equity in their homes, and too often, they view a reverse mortgage with the fear of losing that equity. Equity is the value of something (e.g., […]

Reverse Mortgage Competition Intensifies Under New Program Rules

The Department of Housing and Urban Development?s decision to cut principal limit factors for reverse mortgage originators has significantly changed the competitive landscape, multiple industry professionals told RMD. Although not all the competition is over rates, they are one of the biggest factors brokers consider as they balance business costs and value to the customer. […]