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20,000 or 100,000 reverse mortgages in technical default?

Reverse Mortgage Delinquency Crisis
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Reverse Mortgage Delinquency Crisis

Are borrowers spending their reverse mortgage funds unwisely? Is it the woman or the man who tends to spend the funds more quickly? Watch this week’s video for more.

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5 Comments

  1. We apologize for the audio difficulties this week. We are making some adjustments and will improve the sound quality.

  2. John,

    Thank you for your comment. You can gain access to the podcasts at ReverseFortunes.com. It only requires a free or paid membership to Reverse Fortunes. You can also listen on the iTunes store. Thank you for your inquiry.

  3. 29,000 is my guess….However how man are in default because of deaths? How old is the reverse mortgage?? I would like to know the reasons. are most of these over 15 or 20 years old.. Do a “Paul Harvey” and tell us the rest of the story.


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