In New AAG Spot, Selleck Asks: ‘Why Not’ Use Home Equity?

American Advisors Group this week debuted its latest television commercial starring actor Tom Selleck, who this time asks older Americans why they aren’t using the equity built up in their homes. Set in the same finely appointed loft apartment as a previous Selleck-centric spot, the new ad finds the “Blue Bloods” star telling seniors that […]

Read more

NRMLA Asks HUD to Revise Non-Borrowing Spouse, H4P Rules

Responding to President Trump’s call for a complete overhaul of the nation’s financial regulatory structure, the National Reverse Mortgage Lenders Association last week submitted a host of requests to the Department of Housing and Urban Development, asking the agency to update non-borrowing spouse rules and other parts of the reverse mortgage program. Specifically, NRMLA asked […]

Read more

NRMLA Panel Reveals Persistent Reverse Mortgage Misconceptions

Unscrupulous lenders, servicers snatching homes form confused family members, the dreaded “scam” word — all sorts of negative perceptions of the reverse mortgage industry were on display during a recent webinar for readers of a public-media website for older Americans. Held as part of the National Reverse Mortgage Lenders Association’s Reverse Mortgage Education Week, the […]

Read more