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Rising Rates Reduce Reverse Mortgage Payouts

Rising Rates Reduce Reverse Mortgage Payouts
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United statesBruce simmonsFederal reserveAmerican association of retired personsAmerican associationRetired personsAmerican liberty mortgage

Reverse mortgage payouts have fallen, but borrowers may still find value: AARP

AARP examined the effect of high rates on reverse payouts, with industry pros and researchers saying the value proposition still remains.

United statesBruce simmonsBruce mcclaryStephanie moultonOhio state universityNational foundation for credit counselingAmerican liberty mortgageOhio stateNational foundation

Reverse mortgage originators on the referral opportunities they re watching in 2024

Referral partnerships are an important part of the reverse mortgage business, and LOs share how they're looking to grow contacts this year.

United statesGreen baySouth carolinaMount pleasantJim cullenDavid heilmanBruce simmonsHousing administrationUniversity bankFederal housing administrationHome equity conversion mortgageHomegrown financialAmerican liberty mortgage

Reverse mortgage originators report good starts to 2024 business

Reverse mortgage originators from across the country report promising starts to business in 2024, based on direct interviews.

United statesGreen baySouth carolinaMount pleasantBruce simmonsFrank borgDavid heilmanLos angelesTom odonoghueChris bruserJim cullenFairway independent mortgage corpUniversity bankHomegrown financialNew yearOmaha mortgage

Shifting outreach on radio proves fruitful for Colorado reverse mortgage pro

Bruce Simmons discusses how making a focused switch on radio has made a noticeable difference to his reverse mortgage business.

United statesBruce simmonsAmerican liberty mortgageHome equity conversion mortgage

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