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By Admin on February 2, 2012
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 [...]
Posted in News Commentary, Reverse Mortgages | Tagged HECM, Land O'Lakes, Lutz, Pasco, retirement, reverse mortgage, reverse mortgage facts, reverse mortgage news, Tampa, Trinity, Wesley Chapel |
By Admin on July 27, 2011
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 [...]
Posted in Humor, News Commentary | Tagged financial planning, Land O'Lakes, Lutz, Pasco, retirement, senior finances, Trinity, Wesley Chapel |
By Admin on June 29, 2011
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 [...]
Posted in News Commentary, Reverse Mortgages | Tagged home equity conversion mortgage, Land O'Lakes, Lutz, Pasco, reverse mortgage, reverse mortgage facts, reverse mortgage news, senior finances, Trinity, Wesley Chapel |
By Admin on June 3, 2011
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 [...]
Posted in News Commentary, Reverse Mortgages | Tagged home equity conversion mortgage, Land O'Lakes, Lutz, Pasco, reverse mortgage, reverse mortgage facts, Tampa, Trinity, Wesley Chapel |
By Admin on April 20, 2011
The latest RiskSpan Analysis (March 2011) publishing the Reverse Mortgage Market Index (RMMI) says that the value of home equity held by seniors aged 62 and older fell to $3.4 trillion at the end of 2010. This is down from its peak of $4 trillion in 2006 in the housing boom. It would probably be [...]
Posted in News Commentary, Reverse Mortgages | Tagged baby boomers, home equity conversion mortgage, Land O'Lakes, Lutz, Pasco, retirement, reverse mortgage, reverse mortgage news, senior finances, seniors, Tampa |
Beth’s Reverse Mortgage Blog
What’s Holding Reverse Mortgages Back?
By Admin on February 2, 2012
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 [...]
Posted in News Commentary, Reverse Mortgages | Tagged HECM, Land O'Lakes, Lutz, Pasco, retirement, reverse mortgage, reverse mortgage facts, reverse mortgage news, Tampa, Trinity, Wesley Chapel | Leave a response