Is a reverse mortgage in fact the last safe haven for future retirees? If so why are we not seeing record production? A look at the current state of soon to be retirees, home values and more.
If you bet your life that's a big wager. This is exactly what many retirees are doing today by delaying Social Security payments or getting a reverse mortgage. It comes down to...
Don't burn bridges. The HECM is a bridge over the troubled waters of retirement. What must we do to insure it remains a reachable option for future retirees?
A recent article in the Wall Street Journal cites concern over the 4% Rule. Traditional withdrawal strategies may no longer work for most in today's market. Reverse Mortgages are mentioned as part of the solution.
Is it new HUD counseling protocols or low appraisals causing record fall-out rates? See what industry leaders have to say.
Is it greed that has made fixed rate reverse mortgages nearly 70% of total production? Or is it something else…the needs of the marketplace?
The Consumer Financial Protection Bureau has begun it's audits of non-banking lenders. What can we expect to see? How will reverse mortgage lenders respond?
Government programs like Medicare & Medicaid are going broke. Some compelling reasons for our government to promote reverse mortgages for their benefit and seniors.