Adding Reverse Mortgages to Your Business Line: The Value Proposition (June 20)

Older homeowners hold $13 trillion in home equity, according to the latest quarterly NRMLA/Riskspan Reverse Mortgage Market Index. A growing percentage of these households are using their home equity as a strategic asset when developing a retirement plan. Reverse mortgages present different business opportunities in the financial services sector.

Join MBA Education and industry experts for an in depth discussion on reverse mortgages, a unique financial product for homeowners 62 and older that can help meet the needs of their aging client base. In Part 1 of this series, panelists will discuss the value proposition of reverse mortgages and why companies should consider adding them to their product lines.

Other webinars in this series are:
Part 2: Adding Reverse Mortgages to Your Business Line: The Roadmap: Tuesday, July 23 (2:00 PM – 3:00 PM ET)
Part 3: Adding Reverse Mortgages to Your Business Line: Regulatory/Compliance Considerations: Tuesday, August 20 (2:00 PM – 3:00 PM ET)
*You must register for each session you would like to attend.

Date/Time
Thursday, June 20 (2:00 PM – 3:00 PM ET)

Objectives
Discuss the current retirement crisis in America and how home equity can help improve retirees’ economic security
Learn how the reverse mortgage can be added as a product option to help grow their business
Gain a basic understanding of how reverse mortgages work
Learn about the advantages of reverse mortgages vs. HELOCs
Review product options: FHA Home Equity Conversion Mortgages (HECMs) vs. proprietary reverse mortgages

Who Should Attend?
Business Development Managers
Senior Executives
Compliance Staff
Operations Staff
Branch Managers

Experience Level
Entry-Level
Intermediate
Advanced

Speaker(s)
Craig Barnes, Wholesale Training Director, Mutual of Omaha Mortgage
Jim Cory, Managing Director, Reverse, Guild Mortgage
Steve Irwin, President, National Reverse Mortgage Lenders Association

Click here for more information.