Archive for January, 2008
Reverse mortgage puts cash in owner’s hands
Reverse mortgage puts cash in owner’s hands, A reverse mortgage has the potential to make retirement more pleasant and financially secure than it otherwise might be. An increasing number of seniors find themselves “house rich, cash poor.” While seniors have enjoyed rapidly appreciating home values, their incomes may have failed to keep pace with healthcare [...]
Heatmap Compares HECM Activity: 2007 vs 2006
Heatmap Compares HECM Activity: 2007 vs 2006, The following heatmap shows how HECM reverse mortgage loan activity changed from 2006 to 2007: , Full post here Reverse Mortgage Information
Top 10 Reasons People Get a Reverse Mortgage
Top 10 Reasons People Get a Reverse Mortgage, AARP recently released one of the most comprehensive reports to date on the state of the reverse mortgage industry. The report (Reverse Mortgages: Niche Product of Mainstream Solution?) includes a wealth of information about consumer attitudes and experiences with reverse mortgages. One of the more interesting presentations [...]