Are you known for your meticulous attention to detail and ability to problem-solve on the run? Can you successfully interact with senior level executives and establish relationships with … more Job Notice: Administrative Assistant
Reference Section
CFPB Releases New Guide for HECM Borrowers Affected by Natural Disasters
The Consumer Financial Protection Bureau has released a guide for older homeowners on how to meet their reverse mortgage loan obligations while recovering from a hurricane, fire, flood … more CFPB Releases New Guide for HECM Borrowers Affected by Natural Disasters
Member Profile: Jeff Cota, CRMP, Homebridge Financial Services, Inc.
Born in NW Indiana, Jeff Cota moved to San Diego 17 years ago after attending school at Purdue University. Jeff soon fell in love with real estate and … more Member Profile: Jeff Cota, CRMP, Homebridge Financial Services, Inc.
HECM Endorsement Analytics – August 2019
HUD’s August 2019 HECM Endorsement Summary Report shows a total of 2,341 endorsements, 15% lower than July’s 2,754 units, a summary of which can be found here: NV … more HECM Endorsement Analytics – August 2019
HMBS August 2019: Issuance Does Not Take a Vacation
HMBS issuance totaled $637 million in August, as lower rates strengthened new production. 93 pools were issued in August, including about $390 million of new unseasoned HECM first … more HMBS August 2019: Issuance Does Not Take a Vacation
Member Spotlight: Castulo Romero, CRMP, Lazerus Properties
Before joining Wells Fargo as a reverse mortgage area sales manager in 2003, Castulo Romero served nine years in the U.S. Marine Corp Reserves, earned a degree in … more Member Spotlight: Castulo Romero, CRMP, Lazerus Properties
How Virtual Reality Improves Seniors’ Lives
In a recent article published in Forbes.com, UK businessman Sol Rogers explained how virtual reality (VR) technology is improving the lives of senior citizens. “From reducing loneliness to … more How Virtual Reality Improves Seniors’ Lives
Member Profile: Leanne Lanier, CRMP, Alpha Mortgage
Leanne Lanier, CRMP, was first introduced to mortgage lending in 1992 when she accepted an entry-level position with a national mortgage lender. She initially focused on operations, which … more Member Profile: Leanne Lanier, CRMP, Alpha Mortgage
FHA Issues Guidance On Obtaining Single-Unit Condo Approvals
The Federal Housing Administration this week published interim guidance in Mortgagee Letter (ML) 2019-13 that provides instructions for mortgagees to obtain single-unit approval case number assignments. The supplemental … more FHA Issues Guidance On Obtaining Single-Unit Condo Approvals
Household Debt Increases 20 Consecutive Quarters
Total household debt increased by $192 billion (1.4 percent) to $13.86 trillion in the second quarter of 2019, according to the Federal Reserve Bank of New York’s latest … more Household Debt Increases 20 Consecutive Quarters