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Retirement-aged homeowners saw a combined 2.8 percent increase of $170.7 billion in home equity during the fourth quarter of 2016
Retirement-aged homeowners saw a combined 2.8 percent increase of $170.7 billion in home equity during the fourth quarter of 2016, which increased their total housing wealth to $6.2 trillion, according to new data from the National Reverse Mortgage Lenders Association (NRMLA).   During the fourth... Keep Reading....
American Advisors Group (AAG) has named industry sales veteran Jesse Allen as the company’s senior vice president of National Field Sales
American Advisors Group (AAG) has named industry sales veteran Jesse Allen as the company’s senior vice president of National Field Sales. Allen was responsible for running Bank of America’s reverse mortgage line of business, one of the largest reverse mortgage platforms in the history of the... more
The Federal Housing Administration (FHA) is proposing a new rule that it claims will strengthen its Home Equity Conversion Mortgage (HECM) program
Housing wealth continues to grow for U.S. homeowners ages 62 and older, providing seniors with added financial security in their retirement years, according to the National Reverse Mortgage Lenders Association (NRMLA), who reported that the aggregate value of senior home equity reached $5.9... more
American Advisors Group (AAG) has announced the premiere of its new television commercial campaign starring the company’s new national spokesperson, Emmy and Golden Globe award-winning actor Tom Selleck
American Advisors Group (AAG) has announced the premiere of its new television commercial campaign starring the company’s new national spokesperson, Emmy and Golden Globe award-winning actor Tom Selleck. The commercials are running across cable and national networks including ABC, NBC and CBS. The... more
ReverseVision has announced that it has completed an integration with ServiceLink Flood that enables users of RV Exchange (RVX) loan origination software (LOS) to order a “life of loan” flood certification from ServiceLink without ever leaving the RVX sys
ReverseVision has hired industry educator Dan Hultquist, CRMP as director of learning and development. In this new role, Hultquist will apply his experience in originating loans and working with retirement advisors to help ReverseVision bring a range of products, financial tools and educational... more