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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 |
By Admin on March 4, 2011
According to a recent article in the Wall Street Journal, retirement for Boomers is not a pretty sight. “The median household headed by a person aged 60 to 62 with a 401(k) account has less than one-quarter of what is needed in that account to maintain its standard of living in retirement, according to data compiled [...]
Posted in News Commentary, Reverse Mortgages | Tagged baby boomers, financial planning, home equity conversion mortgage, Land O'Lakes, Pasco, retirement, reverse mortgage, senior finances, Tampa, Trinity, Wesley Chapel |
By Admin on July 30, 2010
Michael Branson, CEO of All Reverse Mortgage Company, is really, really angry. In his opinion piece in Senior Journal, Mr. Branson dissects a recent MSNBC piece by Herb Weisbaum. Mr. Branson says he is, “Not just angry, but really, really mad due to the fact that the man who calls himself the “ConsumerMan” obviously has [...]
Posted in News Commentary | Tagged baby boomers, Carrollwood, home equity conversion mortgage, Land O'Lakes, Lutz, Pasco, retirement, reverse mortgage, reverse mortgage facts, reverse mortgage myths, reverse mortgage news, senior finances, seniors, Tampa, Trinity, Wesley Chapel |
By Admin on July 16, 2010
As I have said before, it never ceases to amaze me how many idiots out there are still lumping reverse mortgages in with scams against seniors. The author of this Bloomberg Business Week article must have been hard up for something to write, so he chose some topics he knows nothing about, including reverse mortgages. [...]
Posted in News Commentary, Reverse Mortgages | Tagged baby boomers, Carrollwood, FHA insurance, HECM, home equity conversion mortgage, Land O'Lakes, Lutz, reverse mortgage, reverse mortgage facts, reverse mortgage myths, reverse mortgage news, senior finances, seniors, Tampa, Trinity, Wesley Chapel |
By Admin on June 3, 2010
Pulitzer prize-winning journalist Saul Friedman writes a regular column for a wonderful blog on aging called “As Time Goes By” that he calls “Gray matters.” In a recent edition, he gives an excellent discussion on reverse mortgages and how they really benefit older Americans. For once, we have a well researched, well written piece that [...]
Posted in News Commentary, Reverse Mortgages | Tagged baby boomers, Carrollwood, home equity conversion mortgage, Land O'Lakes, retirement, reverse mortgage, Tampa, Wesley Chapel |
Beth’s Reverse Mortgage Blog
Home Equity Available to Seniors Declines
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 | Leave a response