Month: October 2023
ChatGPT on Reverse Mortgage Features and Safety: A Q&A
Artificial intelligence (AI) has rapidly evolved and found applications across various fields, including the reverse mortgage industry. Chatbots, powered by AI, have become prevalent tools[more...]
HUD Allocates $160.1 Million in Grants to Foster Affordable Housing for Low-Income Seniors
The U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing Programs has unveiled the allocation of $160.1 million in grants to non-profit[more...]
FHA Introduces New Policies to Streamline Home Equity Conversion Mortgage Claims Processing
The Federal Housing Administration (FHA) has unveiled a set of new policies aimed at expediting the payment of funds to mortgagees when assigning a Home[more...]
Ginnie Mae’s Policy Shift Applauded by Industry Veteran Ted Tozer
In a challenging climate for reverse mortgage markets, Ted Tozer, former president of Ginnie Mae, believes that a recent policy change by the government agency[more...]
Adapting and Thriving: Strategies for Reverse Mortgage Professionals in Today’s Market
In the unpredictable landscape of the reverse mortgage industry, staying relevant is key to serving clients and referral partners effectively. Reverse mortgage professional Gabe Bodner[more...]
Reverse Mortgage Tribune Exclusive: HUD’s Changes That Demand Your Attention
This ML is effective for all HECMs with FHA case numbers assigned on orafter October 2, 2017.Download Empowering Seniors with Critical Reverse Mortgage Updates After[more...]
RMT Explores Partnership with Reverse Mortgage News (RMN) to Elevate Reverse Industry Reporting
In a strategic move that has sent ripples of anticipation through its readers and dedicated followers, Reverse Mortgage Tribune (RMT) has initiated discussions with Reverse[more...]
Reverse Mortgage Tribune Exclusive Interview: Using Reverse Mortgage Funds for Long-Term Care
Unlocking the Potential of Reverse Mortgages As we age, the possibility of needing long-term care becomes a significant consideration. For many, financing the cost of[more...]
Top Cities for Senior Financial Security Revealed: Arizona Leads the Way
In-Depth Analysis: Where Seniors Can Find Financial Security in Retirement When it comes to financial security in retirement, location matters. A recent study by SmartAsset[more...]
The Challenges and Opportunities in Marketing Reverse Mortgages: Marketing Reverse Mortgages in Today’s Landscape
In the realm of financial services, reverse mortgages often spark intense debates and discussions. Educating consumers about this financial product can be a daunting task[more...]