How Inflation Hurts Retirees and How You Can Protect Yourself


Unable to use the embedded player? Listen here.

EPISODE #713
How Inflation Hurts Retirees and How You Can Protect Yourself

“If you’re on a limited or fixed income — as many retirees are — inflation can take a significant toll on your lifestyle and your nest egg.”- Geoffrey Johnson

Other Stories:

  • HUD’s HECM Fraud Bulletin 

  • Dead Villager’s home with reverse mortgage turns into an eyesore

reverse mortgage podcastreverse mortgage podcast

Tip of the Iceberg: HECM Occupancy Abuses

reverse mortgage news


ePath 100K RM leads

HECM abuses when borrower no longer occupies the property pose risk to FHA’s MMI fund

reverse mortgage newsHow quickly are HECM properties sold or called due and payable when the last borrower has died or moved out? More importantly, how many properties with a HECM are sitting on the books for years while the borrower’s heirs or unauthorized tenants remain in the house; in many cases for years?

It’s not often during my show prep that I strike gold, but this week was the exception finding an intriguing and unsettling article by Mike Branson. It details where a significant portion of our HECM losses may be coming from. Mike is the CEO and owner of All Reverse Mortgage. He has over 40 years experience in mortgage banking and also has served as an expert witness for the FBI in mortgage fraud cases. That particular experience plus numerous questions he has fielded has raised some very serious concerns which we will address here today. A very timely topic since the HECM may be facing additional changes this year.