|
Most recent items from this feed:
FTC Supports Federal Regulators Proposed Reverse Mortgage Guidelines
The Federal Trade Commission has filed comments in support of the Federal Financial Institutions Examination Council’s (FFIEC) proposed guidelines designed to protect consumers from deceptive claims and to help them make better-informed decisions about whether to obtain a reverse mortgage.
“FTC staff believes that the Proposed Guidance addresses important issues related to reverse mortgages and does [...]
03/21/2010 05:12 PM
Pentagon Federal Credit Union Offering Reverse Mortgage Without Origination and Servicing Fees to Members
Pentagon Federal Credit Union (PenFed) and Sun West Mortgage Company (SWMC) announced a joint initiative that allows PenFed to offer reverse mortgage services to its members.
PednFed will initially market the Federal Housing Administration’s reverse mortgage program to its members in Washington, D.C., Maryland, and Virginia, with plans to roll it out nationwide after the pilot [...]
03/21/2010 05:05 PM
Training: Your Building Blocks to Reverse Mortgage Success
Reverse Mortgage Daily and Sam Collins are presenting another free training session on April 6, 2010 at 2:00 PM where Sam will provide tips for managing your leads.
The “Filling the Funnel . . . Your Building Blocks to Success
” session will cover:
How to sort out the leads that flow into your funnel
How [...]
03/21/2010 10:46 AM
Senate Aging Committee Supports Dodd Bill to Protect Seniors From Misleading Designations
Included in the bill introduced earlier this week by Senator Chris Dodd is a provision to create a new grant program to assist states in their efforts to protect seniors from misleading financial advisor designations.
Senators Herb Kohl (D-WI), Bob Casey (D-PA), Claire McCaskill (D-MO), and Al Franken (D-MN), all members of the the Senate Special [...]
03/19/2010 02:44 PM
Cooper and Shein Bounces Back After Fine From FHA for Misleading Advertising
Cooper & Shein, LLC (dba Great Oak Lending Partners) announced it broke into the top 10 reverse mortgage lenders for the first time during February. According to data from the US Department of Housing and Urban Development, the company endorsed 90 units.
“Reverse mortgages reflect a growing market segment and Great Oak Lending is honored to [...]
03/18/2010 02:05 PM
|