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- Reverse Mortgages: Monthly Checks Instead of Bills. Really? - U.S. ... May 19, 2012 (author unknown)
- Reverse mortgages provide needed cash May 18, 2012 MarketWatch
What’s Holding Reverse Mortgages Back?
US News & World Report has published a very insightful article on the state of the reverse mortgage market. According to the article: “Reverse mortgages should be a breakout product of demographic destiny. Millions of older Americans are hurtling toward very uncertain retirements. Survey after survey documents a serious lack of retirement planning and nest [...]
10 Best and 10 Worst Places to Retire
You may have missed it, but AARP Magazine last year published a list of the 10 worst places to retire. Here it is: “Here are the 10 worst states for retirement, with No. 1 being the lowest-ranked, according to Money-Rates.com: 10. Arkansas 9. Missouri 8. North Carolina 7. Ohio 6. Tennessee 5. Maryland 4. South [...]
Retirement Rescue
ABC news has just published a report on reverse mortgages indicating that older Americans have nothing to fear with Wells Fargo and Bank of America leaving the reverse mortgage marketplace. Even though these are two of the largest lenders, reverse mortgages continue to be available and existing reverse mortgages continue to be serviced. They also [...]
Reverse Mortgage – A Valuable Option
In todays St Pete Times we have a story from the Philadelphia Inquirer about reverse mortgages that is not nearly as misinformed as most media attempts to describe this valuable financial tool for older Americans. This item correctly describes reverse mortgages as far as it goes, but doesn’t really go far enough because it omits [...]
What are banks thinking?
By Admin on May 3, 2012
Banks are aware of HARP, a program that helps homeowners refinance their underwater mortgages – but they aren’t promoting it. For the full story, click here. If you are interested in this program, contact me.
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