It’s common for retirees seeking to secure their financial future to encounter these three retirement threats. Here’s how a HECM (Home Equity Conversion Mortgage) could help solve these common retirement problems.
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Older homeowners have a myriad of reasons for downsizing their home. Here’s Bank Rate’s guide to what older homeowners should consider…
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Here’s what FHA Commissioner Julia Gordon had to say about the HECM program, it’s value, and the importance of industry standards…
Continue readingBarrons reports some advisors are touting a different approach to help retirees meet future cash needs: a reverse mortgage line of credit.
Continue readingYahoo Finance republished A Housing Wire’s column by Chris Clow which examines how reverse mortgages could be a viable solution for older couples facing a silver or gray divorce.
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Homeowners insurance premiums are quickly becoming the new mortgage payment for many retirees. Here’s why.
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The reverse mortgage news round-up, HMBS 2.0 feedback, and HighTech Lending’s new wholesale brand name.
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44% of Americans 62 and older are still making a mortgage payment. Is retiring with a mortgage a trap? Here’s what the experts say…
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A recent column from the Sternberg Law Group addresses the question some unfortunate homeowners may find themselves in. They defaulted on their mortgage and are facing foreclosure but are interested in getting a reverse mortgage.
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How can reverse mortgage professionals more effectively engage with financial professionals? Our special guest shares strategies and one one tool that may help.
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