Reverse Mortgage News by HECMWorld

Reverse Focus, Inc

Mortgage news for reverse mortgage professionals, bankers and brokers. Launched in 2008 HECMWorld Weekly is the nation's longest-running weekly reverse mortgage podcast. Topics include new regulations, HUD & FHA updates and CFPB alerts for reverse mortgage loans. 683151

  • 6 minutes 56 seconds
    E826: Appraisal bias protections apply to HECM applicants
    • [RMD-Housing Wire] Appraisal bias protections apply to HECM applicants.
    • [Belleville News-Democrat] Congressional bill seeks to change the index used to calculate Social Security's Cost of Living Adjustment (COLA).
    • [Yahoo Finance] Mortgage demand falls with high interest rates and home values.

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    13 May 2024, 8:00 am
  • 8 minutes 29 seconds
    E825: HUD curtails some planned HECM for Purchase concessions
    • [RMD-Housing Wire] HUD pulls back some planned HECM for Purchase contributions.
    • [Belleville News-Democrat] A vacant duplex has been deteriorating for five years after the HECM borrower died.
    • [Finance Buzz] Home insurance forcing many older Florida residents to sell, or give up coverage.

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    6 May 2024, 8:00 am
  • 11 minutes 41 seconds
    E824: Aging in place or stuck in place?
    • [New York Times] Aging in place or stuck in place?
    • [CBS News Money Watch] 3 moves seniors should consider with inflation still high.
    • [RMI] Reverse Market Insights ‘Market Minute’ with Jon McCue.
    • [Housing Wire] Norcom mortgage’s former reverse mortgage team seeking a new home.

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    29 April 2024, 8:00 am
  • 8 minutes 17 seconds
    E823: Rising rates impact reverse mortgage payouts.
    • [AARP] Rising rates impact reverse mortgage payouts.
    • [New York Times] Boomers bought up the big homes and they're not budging.
    • [Market Watch] I'm running out of options: Mother-in-law cannot pay her bills.

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    22 April 2024, 8:00 am
  • 8 minutes 13 seconds
    E822: Two things most reverse pros don’t know about the expected rate.
    • [Housing Wire] Two things most reverse mortgage pros may not know about the expected rate.
    • [Housing Wire] A federal judge allows the majority of a suit against Ginnie Mae to proceed.
    • [Fortune] Many Wall Street investors expect this instead of a hard or soft economic landing.

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    16 April 2024, 6:19 pm
  • 7 minutes 12 seconds
    E821: HECM applications: Major changes underway
    • [HUD/FHA] HECM applications: Major changes underway
    • [California Mortgage Relief] Time is running out for California homeowners to apply for financial assistance  for property charges
    • [HUD] How vacant HECM properties are sold

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    8 April 2024, 8:00 am
  • 10 minutes 47 seconds
    E820: U.S. Senator calls for more oversight of HECM mortgage-backed securities program
    • [Housing Wire] U.S. Senator calls for more oversight of HECM mortgage-backed securities program.
    • [RMI] Reverse Market Insight's Market Minute with Jon McCue..
    • [Journal Courier] Is downsizing worth it in retirement?

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    1 April 2024, 8:00 am
  • 9 minutes 27 seconds
    E819: Unable to afford healthcare in retirement?Here are 5 options including a reverse mortgage.
    • [Cleveland.com] Unable to afford healthcare in retirement? Here are 5 options including a reverse mortgage.
    • [Redfin] Home listings surge in biggest increase in 3 years: Asking prices drop.
    • [CNBC] No Rate Cut: The Fed holds rates steady after hot inflation report.

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    25 March 2024, 8:00 am
  • 9 minutes 40 seconds
    E818: Elderly woman murdered in a plot that involved a reverse mortgage
    • [Housing Wire] Parent Company of former HECM lender converts to Chapter 7
    • [San Jose Mercury News] Elderly woman murdered in a plot that involved a reverse mortgage
    • [Housing Wire] HUD’s proposed budget reveals requested HECM reverse mortgage changes in Congressional request.

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    18 March 2024, 8:00 am
  • 10 minutes 47 seconds
    E817: Six questions to ask before getting a reverse mortgage
    • [Kiplingers] Six questions to ask before getting a reverse mortgage
    • [National Mortgage News]  Nation’s largest mortgage lender shutters mortgage origination platform
    • [Atlantic Black Star Journal] Burying the Lede. Yet another potentially misleading reverse mortgage foreclosure story.

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    11 March 2024, 8:00 am
  • 9 minutes 42 seconds
    E816: One Bay Area county reduces ADU fees to help ease senior housing crunch
    • [Housing Wire] One Bay Area county reduces ADU fees to help ease senior housing crunch
    • [Richmond Biz Senset] A judge determines former Live Well CEO’s criminal restitution
    • [Multiple Sources] Traditional mortgage demand drops to a record low

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    4 March 2024, 9:00 am
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