Nearly 700K seniors were behind on mortgage last year
The Maryland Daily Record interviewed industry leader Steven Sless who reported that nearly 700,000 seniors were behind on their mortgage payments last year.
retirement
Should you carry a mortgage into retirement?
There's a shift in thinking when it comes to paying off your mortgage before retiring...
The conversation we need to have
There's one conversation we should be having with potential reverse mortgage borrowers...
Retirees need to face their Financial Fears
Covid-19 isn’t the only pandemic spreading across our nation. Fear and uncertainty are just as contagious. Two particular groups are especially worried- older Americans nearing retirement and those who are already entered their non-working years
Why do so many seniors still have a mortgage?
A number crunch by credit reporting agency Centrix brought up a truly remarkable statistic. They found 8 percent of people in the Silent Generation aged 76 or over still had mortgages.
Policy expert calls for simpler, more useful reverse mortgage
If there’s one audience that should repeatedly hear of the exceptional value of home equity in retirement, it’s our elected officials in our nation’s capital. Here's a recap of Shai Akabas testimony before the Senate Special Committee on Aging...
The HECM’s 2021 performance likely best 2020
Unable to use the embedded player? Listen here. EPISODE #695 It’s less about preserving equity and more about cash flow With millions of first-time homebuyers finding few suitable housing options and tenants enduring the ravages of rent hikes, some are sitting on a mountain of home equity whilst needing a
