Ohio State University Paper – How They Would Change Or Improve HECM program

Ohio State University Paper – How They Would Change Or Improve HECM program
A new research paper was released in October from two Ohio State University professors discussing how they would change/improve the Home Equity Conversion Mortgage program. These include "streamlining product offering to make them more appealing to specific consumer segments, using risk based pricing to help processing the file and preventative servicing". These are not policy proposals, just items for discussion. That's what Bruce is doing on today's show...discussing them.
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Bruce Simmons

Bruce Simmons

I absolutely love what I do - working with senior homeowners to help them live a more comfortable, flexible and secure retirement. I have the absolute best customers in the world, and even though I worked in the forward mortgage business for a number of years, I could never go back to doing conventional loans. I'm a 100% reverse mortgage specialist.

Bruce Simmons

Bruce Simmons

I absolutely love what I do - working with senior homeowners to help them live a more comfortable, flexible and secure retirement. I have the absolute best customers in the world, and even though I worked in the forward mortgage business for a number of years, I could never go back to doing conventional loans. I'm a 100% reverse mortgage specialist.

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