Reverse mortgage veteran reflects on his career: ‘Everyone has a story to tell’

Jim Cullen spent nearly 20 years in the reverse mortgage profession and recently decided that it was time to retire. But as a longtime industry professional who recognizes the potential value of the Home Equity Conversion Mortgage Program (HECM), Cullen previously explained to HousingWire’s Reverse
Read MoreIt can be a ‘trap’ to carry mortgage debt into retirement: USA Today

As the numbers of seniors carrying mortgage debt in retirement has increased, so too has the potential financial burden of a regular monthly mortgage payment. Increases in inflation and the cost of living can overwhelm those living on a fixed income, according to an article published this week in US
Read MoreAtlantic Coast Mortgage adopts Nextwave CRM

Virginia-based Atlantic Coast Mortgage announced this week that residential and wholesale banking software company CRMNow’s mortgage-oriented customer relationship management (CRM) product, Nextwave CRM, will be used by its loan originators across the 30 states it operates in.“Nextwave CRM was the c
Read MoreHow will a White House plan for federal lands impact states like Utah?

A plan announced last week by the White House includes a nationwide cap on rent increases. But another element of the proposal — the allocation of surplus federal land to be dedicated to affordable housing construction — may have been lost in the mix, especially following the Democratic shake-up in
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