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As consumer sentiment remains low, is the ‘silver tsunami’ keeping the economy humming?

May 27, 2025 by bp56691
Despite signs of souring economic sentiment, the economy keeps moving along. One columnist credits seniors for this resiliency.
Categories Bloomberg, Consumer confidence, Global Economy, HWmember, Retirement, Reverse, Social Security

GoodLife Home Loans launches retail reverse mortgage division, says it is actively hiring

May 23, 2025 by bp56691
GoodLife has launched a retail reverse mortgage division and is seeking out reverse mortgage professionals for it, the company announced.
Categories Ginnie Mae, Goodlife Home Loans, HECM, HMBS, HWmember, Retail Lending, Reverse

HUD publishes new reverse mortgage counseling guidance

May 23, 2025 by bp56691
The guidance is designed to clarify requirements for obtaining HECM counseling certification, and to provide a HECM “toolkit” for agencies.
Categories Counseling, FHA, HECM, HUD, HWmember, Reverse

Liberty’s Mike Kent talks relaunch of EquityIQ proprietary reverse mortgage

May 22, 2025 by bp56691
Liberty’s Mike Kent talks relaunch of EquityIQ proprietary reverse mortgage
While sharing a brand name with the previously introduced product, Kent said there are differences in features and opportunities to stand out.
Categories Liberty Reverse Mortgage, NRMLA, Onity Group, PHH Mortgage Corp, Reverse

Reverse mortgage veteran Dino Guadagnino joins Guaranteed Rate Affinity as regional VP

May 21, 2025 by bp56691
Reverse mortgage veteran Dino Guadagnino joins Guaranteed Rate Affinity as regional VP
The 22-year reverse mortgage industry veteran will spearhead educational outreach and forward mortgage partnerships, the company said.
Categories Guaranteed Rate, HECM, HWmember, People Movers, Rate, Reverse, Team Leaders

Longbridge’s new proprietary reverse mortgage aims to preserve home equity for heirs

May 20, 2025 by bp56691
Longbridge’s new proprietary reverse mortgage aims to preserve home equity for heirs
A new private-label reverse mortgage from Longbridge aims to attract borrowers who are concerned about leaving assets for their heirs.
Categories baby boomer, Home Equity, HWmember, Longbridge Financial, Reverse

Rate’s Jesse Allen on the progress of a reverse mortgage revamp

May 19, 2025 by bp56691
Rate’s Jesse Allen on the progress of a reverse mortgage revamp
The new president of reverse mortgages at Rate describes the efforts to build the division for future success.
Categories HECM, HWmember, Loan Officer, Marketing, Rate, Reverse

Like other states, Colorado confronts realities of the ‘silver tsunami’

May 19, 2025 by bp56691
Colorado doesn’t haven’t the fastest-aging population of all states — but it’s close. That’s prompting responses from citizens and officials.
Categories Aging in Place, Colorado, HWmember, Reverse

Reverse mortgage LOs share appraisal challenges at NRMLA event

May 16, 2025 by bp56691
Reverse mortgage professionals share their views on appraisals and some of the challenges they’ve faced in this process.
Categories Appraisals, HECM, HWmember, NRMLA, Reverse

Social Security sees ‘dramatic’ spike of 276,000 applications

May 16, 2025 by bp56691
The increase in applicants was partially attributed to economic anxiety from volatile markets and uncertainty about the program’s longevity.
Categories HWmember, New York Times, Retirement, Reverse, Social Security, Social Security Administration, Urban Institute
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