pension

HECMs may defuse these 4 retirement time bombs

Shannon HicksApril 10, 2023April 11, 2023

by Shannon HicksApril 10, 2023April 11, 20235 837

Older Americans may be at risk of one or more of these retirement time bombs; each of which may, under the right circumstances, be mitigated or even defused by tapping into their housing wealth with a reverse mortgage.

Nearly 700K seniors were behind on mortgage last year

Shannon HicksJanuary 24, 2022January 21, 2022

by Shannon HicksJanuary 24, 2022January 21, 20220727

The Maryland Daily Record interviewed industry leader Steven Sless who reported that nearly 700,000 seniors were behind on their mortgage payments last year.

The Pension Problem is Now a Crisis

Shannon HicksAugust 24, 2020January 27, 2021

by Shannon HicksAugust 24, 2020January 27, 202101890

American taxpayers are already footing the tab for somebody else’s retirement and that bill is expected to grow considerably. Welcome to the pension fund crisis. While some lawmakers have expressed a willingness to bail out underfunded private pensions many oppose the continued subsidization of the Federal Housing Administration’s MMI (Mutual

Not in America

Shannon HicksMay 11, 2015May 11, 2015

by Shannon HicksMay 11, 2015May 11, 20154 1042

According to a recent article in the Daily Reckoning, Australia is facing a demographic bomb of sorts not unlike the U.S. with more than half of Australians projected to be age 50 or older by 2050. Today the Australian government spends $42 billion on the cost of aged care which

May Top 100 HECM Lenders Report

Don’t blame the HECM sandwich!

Why my father got a reverse mortgage

Kicking & Screaming

pension

HECMs may defuse these 4 retirement time bombs

Nearly 700K seniors were behind on mortgage last year

The Pension Problem is Now a Crisis

Not in America

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