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Reverse

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Smartfi offers 50-bps reverse mortgage discount for veterans

May 26, 2026 by bp56691
Smartfi Home Loans introduced Choice Service, a 50-bps rate reduction on its proprietary reverse mortgage for eligible veterans.
Categories HECM, HWmember, Mortgage, Reverse, Smartfi Home Loans, Veterans

Atlas VMS’s Erik Morin on HECM second appraisals, AIM-Port acquisition

May 25, 2026 by bp56691
Atlas VMS says 8.3% of HECM loans needed a second appraisal in Q1 2026 versus 10.4% in Q4 2025, adding cost and time.
Categories AMCs, Appraisals, Appraisals and Valuations, Atlas VMS, HECM, HWmember, Mortgage, Reverse, Reverse Mortgage Daily, Technology

As HEI regulations expand, states debate loan classification

May 22, 2026 by bp56691
State HEI legislation is expanding as Maine sets standards, Illinois updates licensing and other states debate whether HEIs are loans.
Categories Home Equity, HWmember, Illinois, Maine, Mayer Brown, Mortgage, Regulatory, Regulatory Compliance, Reverse

As retirement costs surge, more homeowners turn to their equity

May 21, 2026 by bp56691
65-and-older households now spend about $122,000 annually, compared with roughly $60,000 in 2000, according to survey data.
Categories Affordability, gen x, Home Equity, HWmember, Inflation, Mortgage, Retirement, Reverse, Reverse Mortgage Daily

Study: Bipartisan Social Security plan to borrow and invest unlikely to pay off

May 19, 2026 by bp56691
The assessment was critical of a plan championed by Sens. Bill Cassidy, a Louisiana Republican, and Tim Kaine, a Virginia Democrat.
Categories Affordability, HWmember, Mortgage, Retirement, Reverse, Reverse Mortgage Daily, Social Security, Social Security Administration

Social Security COLA forecast for 2027 jumps to 3.9% in response to rising inflation

May 18, 2026 by bp56691
The average monthly benefit for retired workers is projected to rise from $2,081.16 to $2,162.33, based on April 2026 figures.
Categories Affordability, Aging in Place, HWmember, Kiplinger, Mortgage, Retirement, Reverse, Social Security, Social Security Administration

Reverse mortgage vet Bruce Simmons on success in sales: ‘What is my why?’

May 14, 2026 by bp56691
Bruce Simmons talked about reverse mortgage sales habits, goal setting, time blocking and why 80% of sales need at least five follow-ups.
Categories American Liberty Mortgage, HECM, HWmember, Loan Officer, Mortgage, Reverse, Reverse Mortgage Daily, Sales Techniques

Retirees counting on home equity may face financial shortfalls

May 12, 2026 by bp56691
Financial advisers and housing experts warn that many older homeowners may be counting too heavily on their homes as retirement safety nets.
Categories Aging in Place, baby boomer, gen x, Home Equity, HWmember, Mortgage, New York Times, Retirement, Reverse, Reverse Mortgage Daily

Women take the leadership spotlight at Reverse Mastermind Summit

May 6, 2026 by bp56691
Three women with prominent roles in the reverse mortgage industry took the stage Tuesday at the Reverse Mastermind Summit in Knoxville, Tennessee, to share personal stories and share sales advice.
Categories Fairway Home Mortgage, HECM, HWmember, Loan Officer, loanDepot, Mortgage, Reverse, Reverse Mortgage Daily

Reverse Mastermind Summit kicks off with practical advice, choice words

May 5, 2026 by bp56691
Reverse mortgage professionals converged in Knoxville, Tennessee, this week for the inaugural Reverse Mastermind Summit — a three-day event designed to bolster the sales skills of industry newcomers by immersing them in knowledge from industry veterans.
Categories HECM, HighTechLending, Home Equity, HWmember, Marketing, Mortgage, NEXA Lending, Retirement, Reverse, Reverse Mortgage Daily
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