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

by Shannon Hicks
| 5 Comments
| January 17, 2011

[vimeo id=”18797641″ width=”601″ height=”338″]

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.

5 Comments

adminModerator
January 17, 2011 at 11:43 am
We apologize for the audio difficulties this week. We are making some adjustments and will improve the sound quality.
- Reply
- Link
John McParland
January 18, 2011 at 12:09 pm
How do I gain access to your broadcasts?

Thanks-you
- Reply
- Link
adminModerator
January 18, 2011 at 2:40 pm
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.
- Reply
- Link
CLIFF RIDDLE
January 19, 2011 at 9:38 am
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.
- Reply
- Link
MITCH HACKNEY
January 19, 2011 at 5:09 pm
13,919
- Reply
- Link