As seniors gain comfort with AI, how should reverse mortgage lenders respond?

August 21, 2025 by bp56691

The implications of AI for the reverse mortgage industry are still being debated. But lenders that are able to provide these tools to clients in a thoughtful, purpose-driven manner are poised to gain a leg up.

In New York, many seniors aren’t getting vital support services

August 20, 2025 by bp56691

New York is among the states where older residents are not receiving adequate levels of in-home care and other support services.

As reverse mortgage demand grows, lenders may need more personnel

August 18, 2025 by bp56691

More business could push reverse mortgage companies to grow their employee headcounts, but identifying high-quality workers won’t be easy.

Outdated manufactured home? This reverse LO could save the day

August 11, 2025 by bp56691

Bill Smith of Reverse Mortgage West talks about a unique way to build new homes using the proceeds from a reverse mortgage.

Appeals court throws curve ball in potential class-action suit against Unison

August 8, 2025 by bp56691

A Ninth Circuit panel reversed a lower court’s dismissal order in a proposed class-action suit against Unison Agreement Corp.

Outdated tax law could cost senior homeowners looking to sell

August 1, 2025 by bp56691

The home equity tax law hasn’t been updated since 1997, meaning senior homeowners could pay a sizable chunk in taxes when they go to sell.

Longbridge hires Azita Guzzo to head up tech innovation efforts

July 29, 2025 by bp56691

Guzzo will fill a newly created role at Longbridge. She’s being tasked with the development of advanced technology solutions for enhanced customer service and improved operational efficiency.

Long-term health care costs are exploding. A reverse mortgage could help

July 28, 2025 by bp56691

As the U.S. population ages, many families are facing long-term care (LTC) issues. Most families either pay for it out of their savings or spend down these savings until they qualify for Medicaid.