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 September 22, 2011
Dr. Marion, President of 3in4 need more, and Gregg Smith, President of One Reverse Mortgage, talk on the CBS Morning Show about the need for long term care and the potential benefit of reverse mortgages. Reverse Mortgages and 3in4 Need More
Posted in Reverse Mortgages | Tagged HECM, home equity conversion mortgage, Land O'Lakes, Lutz, Pasco, retirement, reverse mortgage, senior finances, Tampa |
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 29, 2011
Proprietary reverse mortgage loan products used to be readily available, but these have all but disappeared with all the turmoil in the real estate markets. Declining home values is the primary culprit, so that the FHA insured home equity conversion loans are all that’s available. The private loans were especially sought for larger homes that [...]
Posted in Reverse Mortgages | Tagged home equity conversion mortgage, Land O'Lakes, Pasco, reverse mortgage, reverse mortgage news, 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