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Washington D.C. Passes Law to Expand Reverse Mortgage Borrower Assistance

A new law implemented by the local government of the nation’s capital is extending protections for reverse mortgage borrowers in the area who find themselves in delinquency. The Council of the District of Columbia, the legislative branch of the local government, has passed the “Reverse Mortgage Insurance and Tax Payment Program Temporary Amendment Act of 2020” to extend the area’s Reverse Mortgage Insurance & Tax Payment Program (ReMIT), launched in 2019 by the District of Columbia Housing Fi...
Tags: Featured, Washington, Finance, Legislation, District Of Columbia, Hoa, Agency, Lee, District, Muriel Bowser, D C Council, McCutchen, Council of the District of Columbia, District of Columbia Housing Finance Agency, DCHFA, Reverse Mortgage Insurance Tax Payment Program


CNBC: Reverse Mortgages Helpful for Those Who ‘Mind the Pitfalls’

A reverse mortgage loan may be a tempting prospect for a homeowner over the age of 62, particularly if they’re looking for new and novel ways to make ends meet in retirement. It may be a loan worth exploring, as long as the potential disadvantages of the product category are understood before engaging into one of the loans. This is according to a new column at CNBC. “It’s called a reverse mortgage because the payments for this loan actually work in reverse: You don’t repay the lender until yo...
Tags: Featured, Finance, Products, Cnbc, Jacksonville Fla, Federal Housing Administration, American College, Cornfield, Bryn Mawr Pennsylvania, RMI, Wade Pfau, Pfau, McClanahan, Jill Cornfield, Life Planning Partners, Carolyn McClanahan


How to Boost Motivation When You’re Working from Home

How to Boost Motivation When You’re Working from Home Working from home is awesome – until you see your bed and the idea of a nap is too alluring to pass up. Or worse, your neighbor decides that it’s the perfect day to get started on his DIY woodworking project, firing up all sorts of […]
Tags: Productivity, Technology, Featured, News, Trends, Remote Work, Recruiting, Guest Post, Human Resources, Staffing, Branding, Blog Posts, Recruitment Marketing, Sourcing, Itamar Gero, COVID-19


Longbridge Leads Major Lenders in Key Reverse Mortgage Metric

Home Equity Conversion Mortgage (HECM) conditional prepayment (CPR) speeds surged in June, as borrowers take greater advantage of the interest rate environment that has resulted from the unfreezing of the 10-year LIBOR SWAP rate, while the lowest prepay speeds indicate one top lender is faring best among its competitors. This is according to data compiled by SitusAMC and shared with RMD. The HECM business recorded full prepayments of $576 million in the month of June, representing 12.47% CPR....
Tags: Featured, Finance, Data, Ice, CPR, Wilkinson, HECM, Longbridge, Longbridge Financial, AAG, American Advisors Group AAG, RMD, Dan Ribler, Ribler, SitusAMC, Tim Wilkinson VP of Capital Markets


Quale attività conviene aprire a Dubai adesso? (VIDEO)

APRIRE un ATTIVITA a DUBAI (nel periodo del COVID) Quale attività conviene aprire a Dubai adesso? Quando si vuole avviare
Tags: Travel, Amazon, Ecommerce, Business, Featured, Dubai, Dropshipping, Quale, INFORMAZIONI su DUBAI ed EMIRATI ARABI, First Page, Aprire Società, Free Zone Dubai


Reverse Mortgage at Center of NBA Player Steph Curry’s Instagram Post

National Basketball Association (NBA) point guard Steph Curry has posted to his Instagram account in support of a man in danger of losing his home in a reverse mortgage foreclosure. The son of a reverse mortgage borrower who lives in a home with significance to fans of the NBA team the Golden State Warriors is at risk of losing the home, but has garnered the attention of Curry who has urged people to donate money to keep the son in the home. This is according to original reporting at local Fo...
Tags: Featured, Instagram, Finance, Fox, Nba, National Basketball Association, Oakland, Curry, Golden State Warriors, Warriors, Steph Curry, Bay Area, Lloyd, Oakland Calif, KTVU, Instagram Post


HCM Talent Technology Roundup – July 10, 2020

HCM Talent Technology Roundup – July 10, 2020 Microbusinesses Need Recruiting Solutions When it comes to recruiting technology, consultants and bloggers and experts tend to focus on big business. The companies with hundreds or thousands of employees. But increasingly, microbusinesses, meaning those with 20 or fewer workers, are turning to technical solutions when they have […]
Tags: Technology, Featured, News, Small Business, Trends, Recruiting, Economy, Guest Post, Human Resources, Hiring, Staffing, Branding, Industry News, Blog Posts, Sourcing, Talent Acquisition


Changemakers: Chris Mayer, CEO of Longbridge Financial

Longbridge Financial CEO Chris Mayer is a unique presence in the reverse mortgage industry by virtue of his wealth of accomplishments. Not only has he earned a PhD in economics from MIT, but he serves as Paul Milstein Professor of Real Estate at Columbia Business School, bringing an unparalleled academic pedigree to the leadership structure of a major reverse mortgage lender and servicer. It’s that unique perspective and keen understanding of all the underpinnings of home equity in retirement...
Tags: Featured, Finance, Boston, Mit, Houston, Federal Reserve, Wells Fargo, Paa, FHA, Mayer, Mahwah, Tim Wilkinson, Columbia Business School, Ginnie Mae, Longbridge, Longbridge Financial


[PODCAST] Outreach Hacks. 7 Step Approach to Dynamic Email Campaigns

7 Steps to Organizing Outreach Warning: The information found in this podcast may change your life.   Email, social, phone, automation. There’s a reason this industry creates entire events & tools solely dedicated to outreach. Outreach is time-consuming.  It can be confusing.  Ineffective (or at least can seem that way).  And frankly, even recruiters and […]
Tags: Podcast, Technology, Featured, News, Podcasts, Trends, Communication, Recruiting, Hiring, Branding, Blog Posts, Sourcing, Talent Acquisition, Shally Steckerl, Ryan Leary, Shally's Alley


Your Workforce is Entirely Remote – How Should You Manage?

Your Workforce is Entirely Remote. How Should You Manage? The COVID-19 pandemic has shaken up every industry and changed business models and consumer habits around the world. It’s created new challenges and opportunities for HR professionals, workforce leaders, and business and project managers. We’re working through an unprecedented time. Figuring things out as we go, […]
Tags: Technology, Featured, News, Trends, Work Life Balance, Management, Remote Work, HR, Guest Post, Human Resources, Staffing, Branding, Blog Posts, COVID-19, Amonique Brown


Reverse Mortgage Counselors: Clients More Informed, Resources Strained During Pandemic

Reverse mortgage clients appear to be better-prepared for their counseling sessions regarding their understanding of the reverse mortgage product category, a potential sign that the industry itself is doing an effective job of responding to the financial need that the COVID-19 coronavirus pandemic has created. However, it’s also more difficult to operate in this environment as resources for counseling agencies have been strained. This is according to counseling professionals from three separa...
Tags: Featured, Congress, Finance, United States, Cambridge, Conley, MMI, Boies, HECM, Counseling, Farmington Hills Mich, Jennifer Cosentini, Cosentini, Jackie Boies, Money Management International, Greenpath


Quicken Loans Files for IPO After Three Years of Annual Profits

Rocket Companies, Inc. — parent company for Quicken Loans and Rocket Mortgage — has filed for an initial public offering (IPO) to allow the trading of its shares on the U.S. stock market after disclosing an annual profit for the past three years. This is according to original reporting at Bloomberg. “The Detroit-based company, which owns Rocket Mortgage and Quicken Loans, listed the size of the offering in its filing as $100 million, a placeholder amount that will likely change,” writes Bloom...
Tags: Featured, Finance, Ipo, Bloomberg, Nba, Cleveland Cavaliers, Cleveland, Detroit, Dan Gilbert, Nyse, Lenders, Quicken Loans, National Basketball Association NBA, New York Stock Exchange NYSE, Rocket Mortgage, One Reverse Mortgage


The Hierarchy of Needs for HR During a Crisis

The Hierarchy of Needs for HR During a Crisis   The COVID-19 pandemic has shaken up the world of work with massive disruptions to the global workforce. HR leaders are being forced to the forefront of the crisis and are required to lead their employees through an unpredictable environment.  Today, businesses across the globe are […]
Tags: Technology, Featured, News, Trends, HR, Guest Post, Human Resources, Hiring, Staffing, Branding, Blog Posts, Hr Technology, Talent Acquisition, Employee Happiness, Employee Safety, Hierarchy of Needs


Retirement Crisis Deepens as Pandemic Drives Unemployment

The effects of the COVID-19 coronavirus pandemic on unemployment in America have led to most recent estimates placing the national unemployment rate at 11.1% as of June 2020, up from 4% one year prior according to the Bureau of Labor Statistics. Unemployment that has been driven by the pandemic’s effect on the economy is deepening the American retirement crisis, which will only increase in severity the longer that unemployment at this scale continues. This is according to a research brief fro...
Tags: Featured, Retirement, Finance, America, Boston College, Boston College Center for Retirement Research, NRRI, Center for Retirement Research, Wenliang Hou, Bureau of Labor Statistics Unemployment, Alicia H Munnell Anqi Chen


How Fairway’s Company Culture Is Fueling its Record Reverse Mortgage Growth

Like most lenders, top-10 reverse mortgage lender Fairway Independent Mortgage Corporation has seen increasing levels of business during the COVID-19 coronavirus pandemic. But there’s more to the story than simply new demand, says National Reverse Mortgage Director Harlan Accola. In addition to economic factors felt across the industry and U.S., Accola attributes to new interest in the product and a company culture at Fairway always aimed at new growth. The reverse mortgage industry seemed to...
Tags: Featured, Finance, Nasdaq, Kari, Lenders, HECM, Fairway, HMBS, RMD, Harlan Accola, Accola, Fairway Independent Mortgage Corporation, Fairway Independent Mortgage, Timothy Harder, U S Accola, Kari Van Kleef


JOIN our wegg® Virtual Cafe Gathering Today, 7/7 at 4PM CT

wegg® Virtual Cafe Every Tuesday at 4PM CT for 40 minutes Join: https://us04web.zoom.us/j/746553873 Meeting ID: 746-553-873 Purpose: For anyone who wants to share stories and ideas with one another about dealing with business issues during the Coronavirus pandemic. Come as you are.  Hope you will join us!
Tags: Featured, Sales, Sharing Ideas, Wegg® Blog, Women Entrepreneurs Grow Global blog, Sharing Stories, wegg® Virtual Cafe


Foreclosure Protection Bill Includes Reverse Mortgage Borrowers, Lacks Republican Support

A bill introduced into the United States House of Representatives seeking to prevent evictions, foreclosures, and unsafe housing conditions resulting from the COVID-19 pandemic includes reverse mortgage borrowers, and was recently passed in the House before being sent to the U.S. Senate. The bill, House Resolution (H.R.) 7301 known as the “Emergency Housing Protections and Relief Act of 2020,” was introduced into the House by Financial Services Committee Chairwoman Rep. Maxine Waters (D-Calif...
Tags: Featured, Congress, Finance, Senate, White House, Legislation, United States, House, House Of Representatives, The White House, Trump, Calif, U.S. Senate, OMB, Office of Management and Budget OMB, U.S. House of Representatives


Black Women Entrepreneurs Are Making Major Boss Moves, Including Going Global

All women entrepreneurs are making great progress expanding their businesses internationally, especially black women. Claudine Moore is one such entrepreneur who has successfully led New York-based C Moore Media (CMM), an international strategic communications firm, since 2010, by providing specialized services for global clients. Claudine says, “when I got laid off during the economic downturn in 2009, I left Hill & Knowlton Strategies with a couple of clients. That consulting evolved into CMM,...
Tags: UK, New York, Featured, Sales, West Africa, Claudine, CMM, Global Women Entrepreneurs, Black Women Entrepreneurs, Going Global, Wegg® Blog, Women Entrepreneurs Grow Global blog, Boss Moves, Claudine Moore, C Moore Media CMM


Sourcing Strategies for Medical Roles

Sourcing Outside the Box: Medical Roles Creating a strong professional network will set you up for future success. For many, that means setting up your LinkedIn profile. However, this looks a little different for people working in the medical and pharmaceutical space.  Oftentimes, nurses, doctors, and medical/pharmacy technicians do not benefit from creating a professional […]
Tags: Technology, Featured, News, Trends, Recruiting, Guest Post, Human Resources, Hiring, Branding, Blog Posts, Candidate Sourcing, Sourcing, Talent Acquisition, Julia Adler, Medical Roles, Sourcing Medical Industry


June Reverse Mortgage Endorsements Remain High, HMBS Could Indicate Stronger 2020

Home Equity Conversion Mortgage (HECM) endorsements fell 16.5% in June, however given the fact that the figure recorded in May was the highest the industry has seen in two years, the overall drop is modest and means that the June figure is still the second highest monthly total recorded in a single year. Additionally, HECM-backed Securities (HMBS) issuance may indicate a stronger full year of business in 2020 when compared with 2019. This is according to data released by the Department of Hou...
Tags: Featured, Finance, Data, Hud, New View, McCully, Department of Housing and Urban Development HUD, HECM, RMI, Ginnie Mae, HMBS, New View Advisors, Mip, ML, Michael McCully, Reverse Market Insight


June Reverse Mortgage Volume Remains High, HMBS Could Indicate Stronger 2020

Home Equity Conversion Mortgage (HECM) endorsements fell 16.5% in June, however given the fact that the figure recorded in May was the highest the industry has seen in two years, the overall drop is modest and means that the June figure is still the second highest monthly total recorded in a year. Additionally, HECM-backed Securities (HMBS) issuance may indicate a stronger full year of business in 2020 when compared with 2019. This is according to data released by the Department of Housing an...
Tags: Featured, Finance, Data, Hud, New View, McCully, Department of Housing and Urban Development HUD, HECM, RMI, Ginnie Mae, HMBS, New View Advisors, Mip, ML, Michael McCully, Reverse Market Insight


USA Today: Puerto Rico Reverse Mortgage Borrowers Face Continued Problems After Hurricane

Reverse mortgage loans in the United States territory of Puerto Rico are resulting in non-death-related foreclosures at a rate of nearly one-in-four between 2014 and 2018, an issue magnified by Puerto Rico’s struggles with natural disasters, falling home prices and a lack of understanding relating to the territory’s unique tax exemptions, according to an investigative report published in USA Today. “An analysis by USA Today and the Centro de Periodismo Investigativo found waves of reverse mor...
Tags: Usa, Featured, Finance, Data, United States, Hud, Usa Today, Caribbean, Puerto Rico, Twomey, Government Accountability Office, National Consumer Law Center, Tara Twomey, U.S. Department of Housing and Urban Development, Money House Inc, Money House


HCM Talent Technology Roundup – July 3, 2020

  HCM Talent Technology Roundup – June 3, 2020   More recruiting technology companies are leveraging their expertise with programming designed to help recruiters keep up with news and trends in talent acquisition. Just in the last week, Phenom launched a weekly podcast and video series called The Talent Experience Show. The series explores industry trends […]
Tags: Technology, Featured, News, Podcasts, Trends, Recruiting, Guest Post, Human Resources, Branding, Industry News, Blog Posts, Sourcing, Talent Acquisition, COVID-19, HCM technology, Mark Feffer


Fireside chat with William Tincup & Ruth Thomas of CURO

Fireside chat with William Tincup & Ruth Thomas of CURO A few years ago I was speaking at a compensation conference. The subject was what was happening outside of comp. See, when you get to know compensation professionals you learn very early that they care deeply about compensation. And that they might not care as […]
Tags: Technology, Featured, News, Trends, Recruiting, Human Resources, Fireside Chat, Equal Pay, Staffing, Branding, Blog Posts, Talent Acquisition, HR Tech, William Tincup, CURO, Ruth Thomas


[PODCAST] Productivity Hacks in 8 Minutes

  Productivity Hacks in 8 Minutes   There are a lot of things we do as recruiters that wastes our time. Tune in now for some productivity hacks you can do to shave off minutes or even hours of your day.   But first, let’s play a game.   *No cash prizes.  Sorry.   Ten of […]
Tags: Productivity, Podcast, Technology, Featured, News, Podcasts, Trends, Recruiting, Branding, Blog Posts, Candidate Sourcing, Sourcing, Talent Acquisition, Shally Steckerl, Productivity Hacks, Shally's Alley


People Analytics and the Future of Talent Acquisition

People Analytics and the Future of Talent Acquisition   What the hell is People Analytics? What is he going to tell me I need to worry about this time? Have no fear! People Analytics is actually the name to that unknown something we’ve always been looking for. To help us actually be part of the business […]
Tags: Technology, Featured, News, Trends, Remote Work, Recruiting, Guest Post, Human Resources, Hiring, Branding, People Analytics, Blog Posts, Recruitment Marketing, Talent Acquisition, Mike Wolford, HR Analytics


Open Mortgage Pulls Ads from Facebook, Instagram in Massive Hate Speech Protest

Austin, Tex.-based multi-channel mortgage lender Open Mortgage announced on Wednesday that it is suspending its ad buying on social media platforms owned by Menlo Park, Calif.-based Facebook in protest of those platforms’ policies related to the proliferation of misinformation and hate speech, the company said. The lender is joining prominent corporations including beverage maker The Coca-Cola Company, consumer packaged goods corporation Unilever, retail giant Target and auto manufacturer For...
Tags: Facebook, Featured, Instagram, Finance, Unilever, Ford, Naacp, Facebook Instagram, Scott Gordon, ADL, Herrera, Lenders, Google Bing, Menlo Park Calif, The Coca Cola Company, Open Mortgage


Programming Note: Happy Independence Day from RMD

Thank you once again to Reverse Mortgage Daily’s dedicated base of readers for your continued support! As a reminder, RMD will be closed on Friday, July 3 in observance of Independence Day. Our normal posting schedule and daily email will resume on the morning of Monday, July 6. We hope everyone enjoys the long holiday weekend, and has a great time celebrating the birthday of the United States of America, when a group of colonists united to take control of their own destiny as a new, indep...
Tags: Featured, Finance, United States of America, Reverse Mortgage Daily


[PODCAST] East Side Staffing – Going Back to Basics in Recruitment with Laura Mazzullo

East Side Staffing – Going Back to Basics in Recruitment with Laura Mazzullo   It’s time for another episode of RecruitingLive! We have another great show for you. Today, we have on Laura Mazzullo at East Side Staffing, with an exciting topic for you: Going Back to Basics in Recruitment. If you missed last week, […]
Tags: Podcast, Featured, News, Podcasts, Trends, Recession, Recruiting, HR, Human Resources, Hiring, Branding, Blog Posts, Talent Acquisition, William Tincup, COVID-19, RecruitingLive! with William Tincup


Actuaries Tout Reverse Mortgages to Allay Post-Retirement Risk

As more individuals are shouldering the responsibility associated with planning for retirement — particularly as programs like employee pensions become less and less common — those planning for retirement can be well-suited to look at alternative financing options, including reverse mortgages. This is according to a recently-published report by the Society of Actuaries (SOA). “Recent history has seen not only economic uncertainty and volatility but also an increased emphasis on individuals ta...
Tags: Featured, Retirement, Finance, SOA, Society of Actuaries, Society of Actuaries SOA



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