coronavirus

Wealth disparity and home equity

Shannon Hicks
 Wealth inequality, economic chaos & the role of home equity Wealth and income inequality. Pulling back from the distasteful political debates that continue to rage on about the haves and have nots it is a clear and present reality. The Pew Research Center made these startling findings. “The wealth

The BEST mortgage forbearance plan

Shannon Hicks
 Why older homeowners should consider a reverse mortgage as the ultimate ‘forbearance’ program Many struggling older homeowners have already paid down their original loan balance significantly. Should they refinance the mortgage into a new 30-year term? Not if they want to eventually stop making payments or expect a drop

Homeowner’s may shelter in place again- How you can prepare

Shannon Hicks
 The country may be reopening but seniors may shelter in place again. How can you prepare yourself and your business Being the most vulnerable demographic older Americans are rightly concerned of such forecasts and consequently may choose to return to the relative safety of their homes. Older homeowners may

The much-maligned loan that may be embraced

Shannon Hicks
“ If the overall unemployment rate reaches 25%, we project 10.5 million older workers will lose their jobs. For those in the lower half of the earnings distribution, 6.1 million older workers (29%) are projected to be laid off”. That is the stark prediction released by The New School’s Schwartz Center for Economic Policy Analysis.

HECMWorld.com uses cookies to improve user-experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Cookies View Policy

DON'T MISS OUT!
Subscribe To Our Newsletter
Be the first to get latest Reverse Industry updates and exclusive HECMWorld.com content straight to your email inbox.
Your information will never be shared.
close-link