Reverse Mortgage News & Commentary The nation’s longest-running weekly podcast for the reverse mortgage professional.
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E869: HECM National Servicing Center Faces DOGE Closure
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14:32[Housing Wire] HECM National Servicing Center Faces DOGE Closure. [Bloomberg | Housing Wire] The CFPB Ain't Dead Yet. [HECMWorld Exclusive] How one HECM pro has leveraged the power of storytelling to reach older homeowners. Watch our video podcast here!Oleh HECMWorld
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E868: It’s not a good time to be a Home Equity Alternative Company
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11:28[Ballard Spahr LLP] Massachusetts AG sues Hometap. [Housing Wire] An Internal memo reveals where DOGE plans to slash HUD's budget and staffing. [Reverse Market Insight] RMI's Market Minute with Jon McCue. Watch our video podcast here!Oleh HECMWorld
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E867: A Cure for 'Perma-Renting' in Reverse
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11:05[The Financial Post] A Cure for 'Perma-Renting' in Reverse. [Fortune] The Boomer Housing Crisis is On Pace to Get Worse. [HECMWorld Exclusive] How One Reverse Mortgage Pro Generated 37 Leads in Three Months. Watch our video podcast here!Oleh HECMWorld
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E866: How a Reverse Mortgage Paid Off for Me — Twice
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9:45[Money Talk News] How a Reverse Mortgage Paid Off for Me — Twice. [NPR} CFPB Headquarters Closed: Agency Neutered & Budget Axed. [The Center for Retirement Research] A think tank's 17-step plan to fix Social Security. Watch our video podcast here!Oleh HECMWorld
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E865: The Trump administration halts most CFPB work
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12:15[HECMWorld] An update on Chicago-are scammer: the rest of the story. [AP News} Scott Turner confirmed as Secretary of Housing and Urban Development [CBS News] 3 Reasons to borrow against a paid-off home. [Lending Tree] Nearly all Adults 66-71 have non-mortgage debt. Watch our video podcast here!Oleh HECMWorld
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#864: How One Scammer Prompted a New Illinois Bill
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17:14[CBS] New Illinois bill prompted by reverse mortgage home improvement scam. [CFPB] The CFPB issues findings on home equity products. [RMI] Reverse Market Insight’s Market Minute with Jon McCue.. Watch our video podcast here!Oleh HECMWorld
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E863: President Trump appoints acting HUD Secretary
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9:11[Housing Wire] President Trump appoints acting HUD Secretary [Housing Wire] Trump issues an executive order to address the housing affordability crisis. [HECMWorld] Meet Gabe Bodner: One Trust Home Loan’s new 55+ Lending Division leader. Watch our video podcast here!Oleh HECMWorld
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E862: What LA fire victims with a reverse mortgage need to know.
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7:52[Housing Wire] What LA fire victims with a reverse mortgage need to know. [Yahoo Finance] 4 signs they've found the right reverse mortgage lender. [Motley Fool] 5 ways one older homeowner keeps his housing expenses low...very low. Watch our video podcast here!Oleh HECMWorld
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E861: The silver lining in a challenging reverse mortgage market
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6:41[NRMLA] The silver lining in a challenging reverse mortgage market. [MSN] Should I financially help my parents to avoid them getting a reverse mortgage? [Go Banking Rates] 5 ways one older homeowner keeps his housing expenses low...very low. Watch our video podcast here!Oleh HECMWorld
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E860: A HECM for Purchase Success Story
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10:16[Housing Wire] A HECM for Purchase Success Story [NRMLA Online] Political change is coming but housing policy is bipartisan. [RMI] RMI’s Market Minute with Jon McCue. Watch our video podcast here!Oleh HECMWorld
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E859: Baby boomers are expected to leave $17 trillion in home equity to their heirs
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9:51[Newsweek] Baby boomers are expected to leave $17 trillion in home equity to their heirs [MSN] A daughter tells Ramsey Solutions why she is refusing to help her mother with a reverse mortgage to cover property charges- Now her family resents her. [Housing Wire] Reverse Mortgages make a splash at the MBA’s annual conference. Watch our video podcast …
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E858: The HMBS program has gone from one to eliminate to one to emulate.
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9:05[Housing Wire] The HMBS program has gone from one to eliminate to one to emulate. [Go Banking Rates] Auto loans are the new ‘mortgage’ but for a depreciating asset. [HECMWorld] Despite the Fed’s rate cut last week here’s mortgage rates are unlikely to drop. Watch our video podcast here!Oleh HECMWorld
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E857: The October Surprise. What's FHA's latest HECM application data tells us
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7:36[FHA] The October Surprise. What FHA's latest HECM application data tell us. [Housing Wire] Gabe Bodner takes the reigns of One Trust Home Loan’s 55+ Lending [24/7 WallSt] Ramsey Solutions is NOT spot-on about reverse mortgages. Here's why. Watch our video podcast here!Oleh HECMWorld
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[Housing Wire] FHA announces 2025 HECM Limit [Investopedia] Are falling Treasury yields a sign of the Trump effect? [Housing Wire] Industry veteran Jesse Allen moves to Rate with an eye on growth. Watch our video podcast here!Oleh HECMWorld
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E855: Will reverse mortgage surge in 2025? Here’s what one broker says.
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8:40[Mortgage Professional of America]Will reverse mortgage surge in 2025? Here’s what one broker says. [Reverse Market Insight] RMI’s HECM Market Minute with Jon McCue. [Housing Wire] President-Elect Trump announces his pick for HUD Secretary. Watch our video podcast here!Oleh HECMWorld
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E854: 'Expert' advice about reverse mortgages? Not so much.
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8:35[GoBankingRates / Yahoo Finance]'Expert' advice about reverse mortgages? Not so much. [Housing Wire] Back in Black. The HECM's Performance in the FHA Portfolio. [Newsweek / The Washington Post] How a Trump presidency may impact home values. Watch our video podcast here!Oleh HECMWorld
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E853: Here's why homeowners may be overconfident in their retirement preparedness.
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8:07[CNBC] Here's why homeowners may be overconfident in their retirement preparedness. [Money Wise] A 73-year-old with $27K in annual healthcare expenses looks to tap home equity safely. [The Motley Foot] Here’s how much Social Security Benefits & Medicare premiums will increase in 2025. Watch our video podcast here!…
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E852: Survey shows public employees worried they won’t have enough money to last in retirement
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7:37[Mission Square] Survey reveals the majority of public employees worry they won’t have enough money to last in retirement. [The Financial Post] Baby boomers and Gen X are taking on more mortgage debt. [Fox Money] Retirees with student loan debt risk Social Security garnishments. Watch our video podcast here!…
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E851: What in the world is propping up home prices?
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7:42[Housing Wire] What in the world is propping up home prices? [John Hancock] What concerns baby boomers the most may surprise you. [Housing Wire] When is an equity-sharing arrangement a reverse mortgage? One lawsuit seeks to settle this question. Watch our video podcast here!Oleh HECMWorld
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E850: The HECM’s 10-Year CMT Rate Climbs After Fed Funds Rate Cut
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6:55[HECMWorld] The HECM’s 10-Year CMT Rate Climbs After Fed Funds Rate Cut. [Reverse Market Insight] RMI’s Jon McCue returns for this month’s installment of RMI’s Market Minute. Watch our video podcast here!Oleh HECMWorld
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E849: What's a Reverse Mortgage Vacation?!
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9:36[HECMWorld] A reverse mortgage vacation? If you haven’t heard of such a thing you’re not alone. To explain we interviewed Movement Mortgage National Reverse Mortgage Director Harlan Accola… [Listen for Details] [CBS News] Here’s how much a senior would pay for a $60,000 HELOC. [Money Wise] Why the Fed’s rate cut is good news for retirees. Watch our…
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E848: A Guide to Downsizing for Retirees
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8:38[Bank Rate] FHA Commissioner: A Guide to Downsizing for Retirees [Housing Wire] Ginnie Mae: New HECM Demand on the Horizon. [CBS Money Watch] Is a Reverse Mortgage or a HELOC Better for Seniors? Experts Weigh In. Watch our video podcast here!Oleh HECMWorld
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E847: FHA Commissioner: The HECM a Critical Piece of the Retirement Puzzle
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8:44[Housing Wire] FHA Commissioner: The HECM a Critical Piece of the Retirement Puzzle. [Yahoo Finance] Survey Reveals Retirees are Happier Than Older Workers. [KJZZ Radio] Aging in Place Out of Reach for Most. Watch our video podcast here!Oleh HECMWorld
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E846: Boomer Struggles After Retiring to Care for Ailing Wife
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7:01[Housing Wire] NRMLA CEO Announces Retirement at Annual Meeting. [Business Insider] A boomer struggles to survive on Social Security after retiring early to care full-time for his ailing wife. [The Maine Wire] Maine mayor suggests older residents may want to get a reverse mortgage to pay for surging property taxes. Watch our video podcast here!…
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E845: Here’s Where Home Equity is Rising & Falling
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10:00[CNBC] Here’s where home values are rising and falling nationwide. [CNBC] The Federal Reserve slashed the Fed Funds Rate by 50 basis points. How will this impact the HECM’s 10-Year CMT index? [Reverse Market Insight] Our monthly installment of RMI’s Market Minute with Jon McCue for all the latest HECM origination and endorsement trends. Watch our v…
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E844: Barrons: Barrons: A Reverse Mortgage May Be Good for Those Short of Cash
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9:44[Barrons] A reverse mortgage may be good for those short of cash. [Clever Real Estate] A recent survey by Clever Real Estate reveals the motivations and pressing concerns of baby boomer homeowners on a variety of subjects. [National Mortgage News] Reflecting on two decades of reverse mortgage spokespersons and marketing. Watch our video podcast her…
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E843: How Will An Interest Rate Cut Impact HECM Lending?
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8:58[Housing Wire / RMD] How would an interest rate cut impact HECM lending? [Kiplinger's] How one divorce specialist turned to reverse mortgages as a potential gray divorce solution. [HECMWorld] Where have all the HELOCs gone?! Watch our video podcast here!Oleh HECMWorld
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E842: Inheriting a House Is More Expensive Than People Think
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11:44[Lifehacker] Inheriting a House Is More Expensive Than People Think. [RMI Market Minute] Reverse Market Insight's Jon McCue with the Latest HECM Trends and Data. [Insurify] ‘Everything Has Gone Up’. Retirees Feel the Squeeze of Inflation. Watch our video podcast here!Oleh HECMWorld
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How One Reverse Lender is Leveraging its ‘Forward Machine”E841:
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7:30[Housing Wire] How One Reverse Lender is Leveraging its ‘Forward Machine” [Go Banking Rates] 5 Common Expenses Retirees Cannot Afford. [Financial Forecast Center] Where is the 10-Year Constant Maturity Likely to Move? Watch our video podcast here!Oleh HECMWorld
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E840: Reverse Mortgages as a Gray Divorce Solution
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9:30[Housing Wire] Reverse Mortgages: A Gray Divorce Solution. [Business Wire] They May Not Want A Reverse Mortgage But Healthcare Expenses Could Motivate Many to Reconsider. [Equitable] Equitable Survey Shows Half of Americans Don’t Believe Retiring at Age 65 is Realistic. Watch our video podcast here!Oleh HECMWorld
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E839: South African Reverse Mortgages, Suzie Orman, & HMBS 2.0 Update
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7:49[Housing Wire] NRMLA and the MBA provide feedback to Ginnie Mae on the new HMBS 2.0 program. [Housing Wire] HighTech Lending rebrands its wholesale division. [Reverse Mortgage News Roundup] A quick recap of recent HECM news. Watch our video podcast here!Oleh HECMWorld
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E838: Can You Get a Reverse Mortgage if You're in Foreclosure?
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7:00[Sternberg Law Group] Can You Get a Reverse Mortgage if You’re in Foreclosure? [Yahoo Finance] I Willed My House to the Grandkids but Just Got a $100K Mortgage. Did I make the right choice? [Reverse Mortgage News Roundup] A quick recap of recent HECM news. Watch our video podcast here!Oleh HECMWorld
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E837: Australians Told to Monetize Their Home for Retirement
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9:55[Business Times] Australians Told to Monetize Their Home for Retirement. [AARP] AARP Announces Vision for a National Plan on Aging. [Reverse Market Insight] RMI's Market Minute with Jon McCue. Watch our video podcast here!Oleh HECMWorld
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E836: A New CFPB Rule Would Increase Foreclosure Protections
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9:26[NRMLA/HUD] A New CFPB Rule Would Increase Foreclosure Protections. [HUD] HUD Charges Appraiser, AMC, and Lender with Appraisal Bias. [KSNV Las Vegas] These States Have the Most Foreclosures. Watch our video podcast here!Oleh HECMWorld
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E835: Unlocking Hidden Retirement Cash
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8:09[The Street] Unlocking Hidden Retirement Cash. [National Retirement Institue] More Than a Quarter of Retired Investors Continue to Pay Off Mortgage and Credit Card Debt. [Altos Research]Housing Price Cuts and Inventory Continue to Grow. Watch our video podcast here!Oleh HECMWorld
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E834: Ginnie Mae Releases Details on New HECM MBS 2.0.
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7:58[Nerd Wallet] A Reverse Mortgage in Your Pocket? [Ginnie Mae] New Ginnie Mae HECM Mortgage-Backed Security Aims to Ease Liquidity Crunch. [Yahoo Finance]Here's Where Retirees are Moviing. Watch our video podcast here!Oleh HECMWorld
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E833: The Unexpected Downsides of Aging in Place
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8:49[Next Avenue] The unexpected downsides of aging in place. [Green Building Elements Strict condo Rules quash reverse mortgage. [Yahoo Finance] Did you know Montana has its own reverse mortgage program? Watch our video podcast here!Oleh HECMWorld
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E832: The CFPB issues a consent order against a former national HECM servicer.
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14:13[National Mortgage News] The CFPB issues a consent order against a former national HECM servicer. [Reverse Market Insight] RMI's Market Minute with Jon McCue brings you the latest trends in HECM loan volume, regional trends, and more. [National Consumer Law Center] Industry Advocates Highlight Measures to Counter Elder Real Estate Fraud. Watch our …
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E831: Interview: A Revolution in HECM Calculators
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14:18[HECMWorld] A Revolution in HECM Calculators: An Interview with Lenderful Solution's Paul Lehnert. [National Mortgage News] Finance of America Reverse trims more jobs to right-size its lending operations. [CNBC] Why tapping into home equity is tricky. Watch our video podcast here!Oleh HECMWorld
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E830: U.S. Senator sounds the alarm on skyrocketing flood insurance premiums
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8:40[Housing Wire] Flood insurance premium hikes endanger one reverse mortgage couple and others. [Housing Wire] Ginnie Mae's new HECM mortgage-backed security product is on schedule for release this year with details coming this month. [CNN Finance] Zero-down mortgages are back! Here's what you need to know. Watch our video podcast here!…
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[Michigan Live] F Stands for Family...and Fraud. [The Associated Press] Some older Americans splurge to keep homes accessible. [Yahoo Finance] Older mortgage applicants are more likely to be denied a mortgage. Watch our video podcast here!Oleh HECMWorld
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E828: 4 ways Baby Boomers become house-poor in Retirement
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11:38[Go Banking Rates] 4 ways Baby Boomers become house-poor in Retirement. [New York Times] The high-class problem that is home equity. [Reverse Market Insight] RMI's Market Minute with Jon McCue. Watch our video podcast here!Oleh HECMWorld
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E827: Retirement is becoming a luxury.
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7:42[Tampa Bay Times Editorial Board] Retirement is becoming a luxury. [RMD/Housing Wire] Atlas Valuation hired former AAG Head Appraiser. [CBS News Money Watch] When is a reverse mortgage the best home equity option? The experts weigh in. Watch our video podcast here!Oleh HECMWorld
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E826: Appraisal bias protections apply to HECM applicants
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6:56[RMD-Housing Wire] Appraisal bias protections apply to HECM applicants. [Belleville News-Democrat] Congressional bill seeks to change the index used to calculate Social Security's Cost of Living Adjustment (COLA). [Yahoo Finance] Mortgage demand falls with high interest rates and home values. Watch our video podcast here!…
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E825: HUD curtails some planned HECM for Purchase concessions
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8:29[RMD-Housing Wire] HUD pulls back some planned HECM for Purchase contributions. [Belleville News-Democrat] A vacant duplex has been deteriorating for five years after the HECM borrower died. [Finance Buzz] Home insurance forcing many older Florida residents to sell, or give up coverage. Watch our video podcast here!…
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E824: Aging in place or stuck in place?
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11:41[New York Times] Aging in place or stuck in place? [CBS News Money Watch] 3 moves seniors should consider with inflation still high. [RMI] Reverse Market Insights ‘Market Minute’ with Jon McCue. [Housing Wire] Norcom mortgage’s former reverse mortgage team seeking a new home. Watch our video podcast here!…
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E823: Rising rates impact reverse mortgage payouts.
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8:17[AARP] Rising rates impact reverse mortgage payouts. [New York Times] Boomers bought up the big homes and they're not budging. [Market Watch] I'm running out of options: Mother-in-law cannot pay her bills. Watch our video podcast here!Oleh HECMWorld
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E822: Two things most reverse pros don’t know about the expected rate.
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8:13[Housing Wire] Two things most reverse mortgage pros may not know about the expected rate. [Housing Wire] A federal judge allows the majority of a suit against Ginnie Mae to proceed. [Fortune] Many Wall Street investors expect this instead of a hard or soft economic landing. Watch our video podcast here!…
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E821: HECM applications: Major changes underway
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7:12[HUD/FHA] HECM applications: Major changes underway [California Mortgage Relief] Time is running out for California homeowners to apply for financial assistance for property charges [HUD] How vacant HECM properties are sold Watch our video podcast here!Oleh HECMWorld
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E820: U.S. Senator calls for more oversight of HECM mortgage-backed securities program
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10:47[Housing Wire] U.S. Senator calls for more oversight of HECM mortgage-backed securities program. [RMI] Reverse Market Insight's Market Minute with Jon McCue.. [Journal Courier] Is downsizing worth it in retirement? Watch our video podcast here!Oleh HECMWorld
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