Real Estate & Home

NEXA's Loren Riddick on reverse refinance churning and debunking HECM misconceptions

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Loren Riddick from NEXA Lending calls for policy changes to the HECM program and criticizes reverse-to-reverse refinances as harmful to clients and the industry. He emphasizes the importance of educating content creators about misconceptions surrounding reverse mortgages to improve public perception and utilization of these financial tools.

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