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Educating the Masses on Reverse Mortgages, One Article at a Time

Reverse mortgages have generated increasing attention from the mainstream media since recent policy changes transformed them into more credible and practical retirement planning tools. Some news organizations, however, have been more outspoken about these products than others. Widely circulated news outlets such as The Wall Street Journal, CNBC and Kiplinger—to name a few—have all spotlighted […]

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Winter’s Slow Price Growth Points to Stronger Spring Housing Market

As the housing market recedes from the winter season’s stranglehold on home price growth, some factors could point to a strong spring, according to a recent analysis. Winter continues to slow growth in housing price appreciation nationwide, with home prices falling 0.1% to 0.6% quarter-over-quarter through February 2016, as reported by Clear Capital’s March Home […]

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Moving Parts of Reverse Mortgage Costs, More ‘Education Week’ Details

Reverse Focus Weekly Podcast Episode #404 In this week’s Reverse Focus podcast, Shannon Hicks discusses next month’s reverse mortgage “Education Week” sponsored by the National Reverse Mortgage Lenders Association. The inaugural, week-long event is an attempt to facilitate conversations about reverse mortgages among non-industry professionals, including financial advisers, Realtors and home care professionals. Education Week […]

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Study: Reverse Mortgage Borrowers Report High Satisfaction Levels

Reverse mortgages can serve a variety of needs for the borrowers who use them. While some motivations to obtain these loans are more obvious than others, borrowers report high satisfaction overall when it comes to using a reverse mortgage to foster independence and improve well-being, according to the results of a recent survey. A wide […]

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HERMIT Reverse Mortgage System Will Be Offline This Week

As the Federal Housing Administration (FHA) transitions its Home Equity Reverse Mortgage Information Technology (HERMIT) system to a new business service provider, the platform will be temporarily offline starting next week. Last month, FHA announced it will transition the HERMIT system to a new host data center operated by Reverse Market Insight, Inc. (RMI) on […]

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American Advisors Group Expands Wholesale Lending Team

Experienced Reverse Mortgage Leader Bolsters AAG’s Wholesale Channel Orange, Calif. (November 12, 2015) – American Advisors Group (AAG), a leader in the reverse mortgage industry, today announced the hiring Fraser Tod as a new director of wholesale strategy. Fraser joins AAG with nine years of experience in the reverse mortgage industry. He began his reverse… […]

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