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Reverse Mortgages Focus on Hearing in St. Louis Sen. McCaskill raises concerns over the increased use of reverse mortgages and seniors. . . . keep reading Reverse Mortgage HUD Training - Part 2 This is Part 2 of the HECM - HUD training. . . . keep reading HECM - Reverse Mortgage Training Part 1 HUD Denver officer presentation of Reverse Mortgage Training. This is Part I of 2 parts. . . . keep reading Survey Says Here are the results of our most recent survey: Do you think pricing changes announced by Fannie Mae to eliminate the CMT and only have a LIBOR product will help streamline pricing issues? . . . keep reading PR Closing Announces Important News for Manufactured Homes ROCKLIN, California (June 25, 2009) - Premier Reverse Closings (PRC), divisions of National Closing Solutions and Placer Title, is pleased to announce that they are now accepting transactions for manufactured homes in condominium projects, as per the Housing of Urban Development's (HUD) guidelines recently outlined in Mortgagee Letter 2009-16. . . . keep reading Have I got a lead for YOU! What is the #1 challenge you currently face in your reverse mortgage business? . . . keep reading Changing the Title Industry This Press Release provided by PR Closings, NY. On September 25th, 2008, Governor Arnold Schwarzenegger signed into law Senate Bill 133, a bill supported by the California Land Title Association (CLTA) that provides the California Department of Insurance new power to regulate the sales and marketing representatives of the title industry. . . . keep reading New Study Shows the Changing Role of Home's Equity and Reverse Mortgages The MetLife Study on the Changing Role of Home Equity and Reverse Mortgages, issued today by the MetLife Mature Market Institute (MMI) and the National Council on Aging (NCOA), calls for a more comprehensive approach to ensure that this asset is used appropriately and effectively to deal with the growing uncertainties of retirement. . . . keep reading By The Numbers 06/22/09 May they regret this? See #11. . . . keep reading HUD Expresses Concerns - HUD Testimony This is a partial Statement Of Kenneth M. Donohue Inspector General Department of Housing and Urban Development Before the Committee on Financial Services Subcommittee on Oversight and Investigations United States House of Representative, on June 18, 2009. . . . keep reading Current Results of this past weeks Survey Here are the current results of our most recent survey as responded to by our REMALO Memebers: Do you think HUD will increase MIP to help offset the projected deficits as hinted by HUD Secretary? Yes 80% No 20% Not Sure 0% . . . keep reading By The Numbers 061509 Older American and mortgage debt. See #8. . . . keep reading Obama Wants More Control Over Banks & Wall Street WASHINGTON - President Barack Obama is ready to roll out an overhaul of the intricate rules and systems that govern America's troubled financial institutions, proposing the most ambitious revision since the Great Depression. . . . keep reading Condominium Approval Process -- Single Family Housing - Latest Release Mortgagee Letter 2009-19 HUD Mortgagee Letter 2009-19 In accordance with the passage of the Housing and Economic Recovery Act (HERA) of 2008, the Federal Housing Administration (FHA) is implementing a new approval process for Condominium Projects to insure mortgages on individual units under Section 203(b) of the National Housing Act . . . keep reading HELP YOUR BORROWERS WITH A HECM Mark your calendar for June 30 and this event. This event expected to have limited seats, register today. . . . keep reading Reverses Mortgage Could See Higher Premiums "We do have options for changing the HECM program," Mr. Donovan told a ... The budget request for HECMs came days after a top bank regulator warned against ... . . . keep reading Search Engine Optimization Check out this article on Search Engine Optimization from Google. . . . keep reading Common Mistakes Made in Retirement Most seniors have not saved enough money while many seniors think that they have adequate savings for retirement, however, few actually do. . . . keep reading Are You Getting New Business from Old Business? Can you believe nearly 50% of your clients will offer referrals if you would only ask. But, there is only about 17 percent of you will ask for referrals. Below are some important tips to help you get those referrals: . . . keep reading Curiosity? Curiosity is one of the most important elements you use in your marketing efforts and that curiosity must be linked to something that arouses the interest of your senior prospect. . . . keep reading More