Entries by Adan Gutierrez

Education Calendar 2019

Our Education Calendar provides you with an overview of our scheduled classes for 2019. Please remember that we are happy to offer individual sessions or a customized training to best fit the needs of your office. Our online library of previously recorded classes is also available to view at your convenience. Click the link below […]

HECM Lending Limit Increased

It was recently announced that for the period January 1, 2019 through December 31, 2019, the national lending limit for Home Equity Conversion Mortgages will increase to $726,525.   Our calculator and new orders have been updated to be ready for this change effective January 1, 2019.   Click here to read the Mortgagee Letter. 

Ron’s NRMLA News Coverage

Dear Reader, This year’s NRMLA Annual Meeting and Expo was a great success. We enjoyed visiting with our partners and meeting new faces. This year we wanted to bring a little fun back to the conference.  We hope you enjoyed Ron Burgundy and his news crew in San Diego, CA. Thanks to everyone for your participation! […]

Camp Fire Relief Fund

By now everyone is aware of the magnitude of the damage caused by the fires in California.  Our industry is rooted in the shared mission of helping seniors by aging in place and improving their lives by helping to provide financial security. The Camp Fire has threatened the safety and security of thousands of seniors who […]

Camp Fire Survival Story

Meet Carol and her friends (pictured above) who were displaced during the Camp Fire in Butte County, CA.  Carol is safe, but her friends need a place to stay.      Caroline Elizabeth Rollo was a resident of Magalia for 9 years with her late husband, Ted a.k.a. Teddy Bear.  After Ted’s passing, Carol moved […]

Cybersecurity Awareness

Cybersecurity at Home Home computer users have been victims of unprecedented cyber-crime over the past decade. Recent exploits of home computer users include Ransomware, Identity Theft, Harassment and Extortion. The primary means of delivering cyber attacks against home used ins the Internet and statistically, no age group is immune either. Click here to review the […]

Stay Classy San Diego!

It’s amazing what a difference a year makes; an advancing market with the introduction of proprietary products and continued policy developments. Something we can count on is the ever-changing structure of the business and a forum to discuss what the future holds, NRMLA’s 2018 Annual Meeting & Expo. An event that fosters collaboration between reverse […]

Uptick in Mortgage Wire Fraud Attempts

Across the mortgage lending space, wire fraud attempts are on the rise as hackers become increasingly sophisticated in their methods of deception. In 2016, the American Land Title Association revealed that title companies reported an alarming 480% increase in wire fraud scams. Allegiant Reverse Services, a California-based reverse mortgage title company, said it has spotted […]

Reverse Mortgage News

• The Federal Housing Administration on Friday announced a new appraisal requirement for Home Equity Conversion Mortgage lenders in another attempt to stem losses to the Mutual Mortgage Insurance Fund. Read the Mortgagee Letter here: Mortgagee Letter • Earlier this week Finance of America Reverse announced their new HomeSafe Second-Lien Reverse Mortgage. Allegiant Reverse Services […]

Important Information Regarding ARS’ California Rates

As the reverse mortgage lenders have adjusted to meet the needs of California borrowers, so have we! In the article below, Reverse Mortgage Daily details the ways in which the new menu of proprietary products have stepped in to fill the void in California that the HECM hasn’t been able to meet. Our business is […]