Archive for October, 2008
Australia’s Reverse Mortgage Market Continues To Grow
From time to time I like to take a look at the reverse mortgage market from a global perspective. Many westernized countries including Australia, New Zealand, Canada and England offer various forms of what we refer to as reverse mortgages.
While the global housing related financial sectors of various economies may been headed towards record lows, [...]
Local Focus: Michigan Reverse Mortgage Stats
Michigan has seen some increased HECM activity during the 1st three quarters of this year. Even with many counties having poor equitiy positions due to heavy foreclosures and job losses, many seniors are applying and getting approved for reverse mortgages, according to HUD.
Michigan Reverse Mortgage Lenders. So, who are Michigan’s top reverse mortgage lenders? The [...]