Welcome to Connect, a podcast featuring one-on-one interviews with some of the top movers and shakers in the mortgage industry. Our 65th episode features Jeff Birdsell, VP, Loan Programs, ReverseVision and Michael McCully, Partner, New View Advisors.

Topics of discussion:

3:28 - Tell us about your backgrounds, what got you interested in the industry, and led you to where you are today? How did you end up in the RMBS space based on your traditional mortgage industry history?

6:19 - How do reverse mortgages differ from traditional mortgage loans?

10:25 - What is the inherent value of reverse mortgage loans and securities?

13:57 - Is there any significance Ginnie Mae has 13 approved HMBS issuers?

16:17 - Do lenders need specialized secondary marketing staff, resources or technology to sell HECMs and proprietary reverse mortgage loans in the secondary market?

17:59 - Why don’t more homeowners take out reverse mortgages?

22:31 - Some lenders offer proprietary reverse mortgage products. How does that work, what is the historical experience in this arena and what should potential investors know?

25:46 - What’s on the horizon for the next 6-12 months?

30:06 - Why is it crucial for lenders to support the advocacy work of groups like the California MBA/MBA/NRMLA?

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To learn more about the California MBA visit www.cmba.com and don't forget to subscribe to our podcast and stay tuned for our next episode!