For almost 18 years, Paul Fiore has distinguished himself as one of the reverse mortgages industry’s top sales executives. He got his start with Long Island-based Senior Lending … more Paul Fiore, Chief Retail Sales Officer, American Advisors Group
Reference Section
Journal of Financial Planning Highlights Importance of Reverse Mortgages
Reverse mortgages can provide an essential risk mitigation tool for millions of retirees—dramatically reducing exposure to longevity and market risks while also growing their investment portfolios, according to … more Journal of Financial Planning Highlights Importance of Reverse Mortgages
New York Governor Signs Reverse Mortgage Co-op Bill
NRMLA is pleased to report that New York Governor Kathy Hochul signed legislation into law that permits reverse mortgages on cooperative housing for persons aged 62 and older. … more New York Governor Signs Reverse Mortgage Co-op Bill
HMBS November 2021: Issuers Give Thanks for Record-Smashing Month
HMBS issuers rewrote the records books in November, posting yet another $1.2 billion month and setting new HMBS records for both total annual issuance and monthly original loan … more HMBS November 2021: Issuers Give Thanks for Record-Smashing Month
FHA Updates Appraisal Guidelines to Reduce Racial Bias
The Federal Housing Administration published Mortgagee Letter (ML) 21-27 to reinforce the agency’s commitment to preventing racial bias in the valuation of single family properties. The ML clarifies FHA’s … more FHA Updates Appraisal Guidelines to Reduce Racial Bias
FHA Annual Report: Economic Value of HECM Portfolio Improves By $4.3B
The Home Equity Conversion Mortgage portfolio saw a significant improvement in its net present value over the past year and is now positive for the first time since … more FHA Annual Report: Economic Value of HECM Portfolio Improves By $4.3B
Senate Testimony: Reverse Mortgages Can Help Improve Retirement Security
Reverse mortgages offer a potentially useful tool to convert illiquid housing wealth into money to live on during retirement, according to congressional testimony provided by Shai Akabas, Director … more Senate Testimony: Reverse Mortgages Can Help Improve Retirement Security
HMBS October 2021 Part II: Record Issuance Drives HMBS Supply
Outstanding HMBS rose to a record $56.8 billion in October 2021, as high levels of both issuance and HECM loan payoffs continued. HMBS payoffs exceeded $1 billion for … more HMBS October 2021 Part II: Record Issuance Drives HMBS Supply
Transamerica: COVID-19 Undermined Women’s Retirement Security
More than half of working women (51 percent) indicate their financial situation has been negatively impacted by the pandemic, according to a study released by the Transamerica Center … more Transamerica: COVID-19 Undermined Women’s Retirement Security
Kristen Sieffert, President, Finance of America Reverse
Since becoming president of Finance of America Reverse six years ago, Kristen Sieffert has earned a rightful place as one of the top business leaders in the reverse … more Kristen Sieffert, President, Finance of America Reverse
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