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HECMWorld
Reverse Mortgage News & Commentary The nation’s longest-running weekly podcast for the reverse mortgage professional.
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E854: 'Expert' advice about reverse mortgages? Not so much.

E854: 'Expert' advice about reverse mortgages? Not so much.

[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!
08:3525/11/2024
E853: Here's why homeowners may be overconfident in their retirement preparedness.

E853: Here's why homeowners may be overconfident in their retirement preparedness.

[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!
08:0718/11/2024
E852: Survey shows public employees worried they won’t have enough money to last in retirement

E852: Survey shows public employees worried they won’t have enough money to last in retirement

[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!
07:3713/11/2024
E851: What in the world is propping up home prices?

E851: What in the world is propping up home prices?

[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!
07:4204/11/2024
E850: The HECM’s 10-Year CMT Rate Climbs After Fed Funds Rate Cut

E850: The HECM’s 10-Year CMT Rate Climbs After Fed Funds Rate Cut

[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!
06:5528/10/2024
E849: What's a Reverse Mortgage Vacation?!

E849: What's a Reverse Mortgage Vacation?!

[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 video podcast here!
09:3621/10/2024
E848: A Guide to Downsizing for Retirees

E848: A Guide to Downsizing for Retirees

[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!
08:3814/10/2024
E847: FHA Commissioner: The HECM a Critical Piece of the Retirement Puzzle

E847: FHA Commissioner: The HECM a Critical Piece of the Retirement Puzzle

[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!
08:4407/10/2024
E846: Boomer Struggles After Retiring to Care for Ailing Wife

E846: Boomer Struggles After Retiring to Care for Ailing Wife

[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!
07:0130/09/2024
E845: Here’s Where Home Equity is Rising & Falling

E845: Here’s Where Home Equity is Rising & Falling

[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 video podcast here!
10:0023/09/2024
E844: Barrons: Barrons: A Reverse Mortgage May Be Good for Those Short of Cash

E844: Barrons: Barrons: A Reverse Mortgage May Be Good for Those Short of Cash

[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 here!
09:4416/09/2024
E843: How Will An Interest Rate Cut Impact HECM Lending?

E843: How Will An Interest Rate Cut Impact HECM Lending?

[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!
08:5809/09/2024
E842: Inheriting a House Is More Expensive Than People Think

E842: Inheriting a House Is More Expensive Than People Think

[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!
11:4402/09/2024
How One Reverse Lender is Leveraging its ‘Forward Machine”E841:

How One Reverse Lender is Leveraging its ‘Forward Machine”E841:

[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!
07:3026/08/2024
E840: Reverse Mortgages as a Gray Divorce Solution

E840: Reverse Mortgages as a Gray Divorce Solution

[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!
09:3019/08/2024
E839: South African Reverse Mortgages, Suzie Orman, & HMBS 2.0 Update

E839: South African Reverse Mortgages, Suzie Orman, & HMBS 2.0 Update

[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!
07:4912/08/2024
E838: Can You Get a Reverse Mortgage if You're in Foreclosure?

E838: Can You Get a Reverse Mortgage if You're in Foreclosure?

[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!
07:0005/08/2024
E837: Australians Told to Monetize Their Home for Retirement

E837: Australians Told to Monetize Their Home for Retirement

[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!
09:5529/07/2024
E836: A New CFPB Rule Would Increase Foreclosure Protections

E836: A New CFPB Rule Would Increase Foreclosure Protections

[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!
09:2622/07/2024
E835: Unlocking Hidden Retirement Cash

E835: Unlocking Hidden Retirement Cash

[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!
08:0915/07/2024
E834: Ginnie Mae Releases Details on New HECM MBS 2.0.

E834: Ginnie Mae Releases Details on New HECM MBS 2.0.

[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!
07:5808/07/2024
E833: The Unexpected Downsides of Aging in Place

E833: The Unexpected Downsides of Aging in Place

[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!
08:4901/07/2024
E832: The CFPB issues a consent order against a former national HECM servicer.

E832: The CFPB issues a consent order against a former national HECM servicer.

[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 video podcast here!
14:1324/06/2024
E831: Interview: A Revolution in HECM Calculators

E831: Interview: A Revolution in HECM Calculators

[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!
14:1817/06/2024
E830: U.S. Senator sounds the alarm on skyrocketing flood insurance premiums

E830: U.S. Senator sounds the alarm on skyrocketing flood insurance premiums

[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!
08:4010/06/2024
E829: F is for Family...and Fraud.

E829: F is for Family...and Fraud.

[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!
08:5703/06/2024
E828: 4 ways Baby Boomers become house-poor in Retirement

E828: 4 ways Baby Boomers become house-poor in Retirement

[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!
11:3827/05/2024
E827: Retirement is becoming a luxury.

E827: Retirement is becoming a luxury.

[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!
07:4220/05/2024
E826: Appraisal bias protections apply to HECM applicants

E826: Appraisal bias protections apply to HECM applicants

[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!
06:5613/05/2024
E825: HUD curtails some planned HECM for Purchase concessions

E825: HUD curtails some planned HECM for Purchase concessions

[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!
08:2906/05/2024
E824: Aging in place or stuck in place?

E824: Aging in place or stuck in place?

[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!
11:4129/04/2024
E823: Rising rates impact reverse mortgage payouts.

E823: Rising rates impact reverse mortgage payouts.

[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!
08:1722/04/2024
E822: Two things most reverse pros don’t know about the expected rate.

E822: Two things most reverse pros don’t know about the expected rate.

[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!
08:1316/04/2024
E821: HECM applications: Major changes underway

E821: HECM applications: Major changes underway

[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!
07:1208/04/2024
E820: U.S. Senator calls for more oversight of HECM mortgage-backed securities program

E820: U.S. Senator calls for more oversight of HECM mortgage-backed securities program

[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!
10:4701/04/2024
E819: Unable to afford healthcare in retirement?Here are 5 options including a reverse mortgage.

E819: Unable to afford healthcare in retirement?Here are 5 options including a reverse mortgage.

[Cleveland.com] Unable to afford healthcare in retirement? Here are 5 options including a reverse mortgage. [Redfin] Home listings surge in biggest increase in 3 years: Asking prices drop. [CNBC] No Rate Cut: The Fed holds rates steady after hot inflation report. Watch our video podcast here!
09:2725/03/2024
E818: Elderly woman murdered in a plot that involved a reverse mortgage

E818: Elderly woman murdered in a plot that involved a reverse mortgage

[Housing Wire] Parent Company of former HECM lender converts to Chapter 7 [San Jose Mercury News] Elderly woman murdered in a plot that involved a reverse mortgage [Housing Wire] HUD’s proposed budget reveals requested HECM reverse mortgage changes in Congressional request. Watch our video podcast here!
09:4018/03/2024
E817: Six questions to ask before getting a reverse mortgage

E817: Six questions to ask before getting a reverse mortgage

[Kiplingers] Six questions to ask before getting a reverse mortgage [National Mortgage News]  Nation’s largest mortgage lender shutters mortgage origination platform [Atlantic Black Star Journal] Burying the Lede. Yet another potentially misleading reverse mortgage foreclosure story. Watch our video podcast here!
10:4711/03/2024
E816: One Bay Area county reduces ADU fees to help ease senior housing crunch

E816: One Bay Area county reduces ADU fees to help ease senior housing crunch

[Housing Wire] One Bay Area county reduces ADU fees to help ease senior housing crunch [Richmond Biz Senset] A judge determines former Live Well CEO’s criminal restitution [Multiple Sources] Traditional mortgage demand drops to a record low Watch our video podcast here!
09:4204/03/2024
E815: How one reverse mortgage pro helped spur a scammer's arrest

E815: How one reverse mortgage pro helped spur a scammer's arrest

[Housing Wire] How One Reverse Pro Prompted a Scammer’s Arrest [Reverse Market Insight] RMI’s Jon McCue returns to explain the latest reverse mortgage trends in our monthly installment of the Market Minute [Housing Wire] Fairway Independent Mortgage’s reverse mortgage division is making big changes in its strategy and key staffing. Watch our video podcast here!
09:4726/02/2024
E814: HECM Application Volume Falls

E814: HECM Application Volume Falls

[FHA] HECM application activity drops [Bank Rate] Is the housing market going to crash in 2024? [Motely Fool] No soft economic landing says Citi economist Watch our video podcast here!
07:4519/02/2024
E813:Here's when it's okay for homeowners to be in 2nd place

E813:Here's when it's okay for homeowners to be in 2nd place

[PR Wire India] Here's when it's okay for homeowners to be in 2nd place [Housing Wire] Reverse mortgage pros report a strong start to 2024 [MarketWatch] Should my 87-year-old mom owing $425K on a $1M home get a reverse mortgage? Watch our video podcast here!
09:3913/02/2024
E812: Fannie Mae's 2024 economic and interest rate outlook

E812: Fannie Mae's 2024 economic and interest rate outlook

[HousingWire] Fannie Mae economists offer outlook on the housing market & interest rates [Gainesville Register] Study shows a quarter of seniors could relocate, boost retirement with home equity [Housing Wire] NRMLA 2024 annual meeting location announced Watch our video podcast here!
08:4205/02/2024
E811: The big surprise despite low HECM loan volumes

E811: The big surprise despite low HECM loan volumes

[Reverse Market Insight] HECM volumes and first-time borrowers [Housing Wire] Court approves former Live Well employee class action settlement [Housing Wire] Aging in place could transform Chicago’s housing market Watch our video podcast here!
11:0529/01/2024
E810: Why U.S. Treasuries and the 10-Year CMT are Surging

E810: Why U.S. Treasuries and the 10-Year CMT are Surging

[All Maa] Here's how reverse mortgages work in India [CNBC] Why U.S. treasuries and the 10-year CMT are surging [Housing Wire] Ginnie Mae proposes a new HECM security to ease liquidity challenges Watch our video podcast here!
07:2322/01/2024
E809: What is loan servicing oversight?

E809: What is loan servicing oversight?

[Housing Wire] HUD, FHA, and Ginnie Mae Face potential budget cuts [Housing Wire] Another national lender is the latest victim of a cyberattack [HECMWorld] What is Loan Servicing Oversight? Find out in our exclusive interview with Reverse Market Insight Watch our video podcast here!
16:1515/01/2024
E808: How retirees can downsize even in today’s market

E808: How retirees can downsize even in today’s market

[Kiplinger] How retirees can downsize even in today’s market [Reverse Mortgage Daily] Shifting forward professionals into reverse [Reverse Mortgage Daily] Harvard researchers say tapping home equity has advantages & risks Watch our video podcast here!
09:1108/01/2024
E807:The Biggest Reverse Mortgage Trends of 2023.

E807:The Biggest Reverse Mortgage Trends of 2023.

[RMD] The Biggest Reverse Mortgage Trends of 2023 [News Break] Colorado’s New Shield for Reverse Mortgage Borrowers [Magnates Finance] The Intersection of Real Estate and Reverse Mortgages Watch our video podcast here!
08:1901/01/2024
E806:32,000 reverse mortgage clients’ data breached in cyberattack

E806:32,000 reverse mortgage clients’ data breached in cyberattack

[RMD] The Mortgage Bankers Association to increase reverse mortgage activity in 2024. [Security Week] 32,000 reverse mortgage clients' data breached in cyberattack [Fortune] More boomers are staying in their jobs instead of retiring [RMI] Revere Market Insight's Market Minute with Jon McCue Watch our video podcast here!
10:4226/12/2023
E805: AARP joins class action lawsuit against RMF and Celink

E805: AARP joins class action lawsuit against RMF and Celink

[Money.com] Redfin & Zillow: Where mortgage rates and home prices are headingI [Ginnie Mae] Ginnie Mae reveals HECM mortgage-backed securities particulars [RMD] AARP joins class action lawsuit against RMF and Celink Watch our video podcast here!
10:2118/12/2023