Originating: How Do We Fix the Reverse Mortgage Industry? 

Yes, I said it. Fix it. I know, I know. That implies it is broken, and that is exactly my assertion: The industry is broken and in need of significant change. If this industry is going to have the scale to fund the accessing of trillions of dollars of seniors’ home equity (that’s right, trillions), we’ve got to analyze, assess and remediate the identified shortcomings.Since the HECM was introduced more than 20 years ago, it has remained relatively unchanged. Certainly there have been adjustments and tweaks, but nothing that one could call a dramatic overhaul. If we’re all in it