Agenda topics include: Servicing Basics Servicing Reminders Borrower Portal Servicing Functions Repairs, LESA, NBS, Partial Prepays, Maturity Events, Payoffs Servicing Documents Welcome Booklet, LOC Draws, Monthly Statements, Occupancy … more What You Need to Know About Servicing
What You Need to Know About LESAs
The agenda includes the following topics: LESA Basics Partially Funded vs. Fully Funded Important information and reminders Funds Distribution LESA Calculations LESA – Bad? Avoiding a LESA Extenuating … more What You Need to Know About LESAs
Selling HECM as a Solution
Learning objectives: List the premium features of a HECM Identify new ways to solve client’s needs using a HECM Discuss how a HECM can help plan for retirement … more Selling HECM as a Solution
The Math Behind the HECM
Agenda topics: Interest rates Expected rates and look up floor Note rates Principal limit factors Initial distribution limit Amortization schedule TALC Loan growth Line of credit Expected rate … more The Math Behind the HECM
The Connection Between Social Security Optimization and Reverse Mortgages
Our special guest is Thomas Drapala, Senior Registered Social Security Analyst and Relationship Manager at the National Association of Registered Social Security Analysts. Drapala’s presentation focuses on how … more The Connection Between Social Security Optimization and Reverse Mortgages
Mitigating Inflation with a Reverse Mortgage
In today’s inflationary environment, reverse mortgages can provide relief to America’s aging population. Please join Dr. Craig Lemoine, Financial Planning Program Director and Associate Teaching Professor at the … more Mitigating Inflation with a Reverse Mortgage
Preparing for a Successful Reverse Mortgage Closing: Notary Best Practices
The reverse mortgage industry is unique, with unique needs. Closing agents and loan originators that specialize in reverse mortgages require signing agents that understand the product, and the … more Preparing for a Successful Reverse Mortgage Closing: Notary Best Practices
Preparing for a Successful Reverse Mortgage Closing: Loan Officer Best Practices
The reverse mortgage industry has unique needs. Closing agents and loan originators that specialize in reverse mortgages require signing agents that understand the product, and the circumstances that … more Preparing for a Successful Reverse Mortgage Closing: Loan Officer Best Practices