House rich- Cash Poor. Should I get a reverse mortgage?


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EPISODE #683
Should I stay or should I go?

A 69-year-old unemployed nurse wrote a financial columnist, “I need cash. Should I try a reverse mortgage or just move?” Here’s the response…

Other Stories:

  • NRMLA’s Annual Meeting will remain virtual

  • Former Live Well CEO blames attorney, seeks acquittal or new trial as sentencing loom

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Podcast E649: Widower with reverse walks from home


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Widower abandons his property in The Villages retirement community

On January 13th a long-time resident of ‘The Villages” lost his wife of 67 years ‘Terri’. Later he walked away from his home which was the subject of a recent hearing before the Development District 4 Board of Supervisors following complaints of uncut grass and weeds.

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Other Stories:

  • Go ahead and spend your children’s inheritance

  • Soon 1-in-5 will be at retirement age

    reverse mortgage podcast

reverse mortgage podcast

Podcast E640: U.S. Debt & The Housing Market


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How U.S. debt influences the housing market

The federal government is setting an unsettling new record in spending. So far this year $9.1 has been spent. One thing is certain: housing prices and U.S. Debt are growing at a record pace

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Other Stories:

  • “How to pay taxes like Donald Trump”

  • Seniors are holding a record amount of home equity
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reverse mortgage podcast

Podcast E632: California plans to create its own CFPB

California pursues creating its own CFPB


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Show Summary

Outside of lacking its own standing army, some argue that California is acting as an independent nation-state- that in the wake of several state mandates, some which directly contradict federal regulations. Well, the Golden State may be creating its own version of a federal consumer watchdog agency.

Other Stories:

  • A ‘Villager’ in the planned senior community ‘The Villages’  pleaded for help with an eyesore home on her street with a reverse mortgage.

  • HUD’s Office of the Inspector General releases publication warning seniors of reverse mortgage schemes

reverse mortgage podcast

reverse mortgage podcast