Here’s what FHA Commissioner Julia Gordon had to say about the HECM program, it’s value, and the importance of industry standards…
Continue readingFHA Commissioner: The HECM a Critical Piece of the Retirement Puzzle
Barrons: A RM May Be Good for Those Short of Cash
Barrons reports some advisors are touting a different approach to help retirees meet future cash needs: a reverse mortgage line of credit.
Continue readingA Gray Divorce Solution in Reverse
Yahoo Finance republished A Housing Wire’s column by Chris Clow which examines how reverse mortgages could be a viable solution for older couples facing a silver or gray divorce.
Continue readingHomeowners Insurance: The New Mortgage Payment for Retirees
Homeowners insurance premiums are quickly becoming the new mortgage payment for many retirees. Here’s why.
Continue readingSouth African Reverse Mortgages, Suzie Orman, & HMBS 2.0 Update
The reverse mortgage news round-up, HMBS 2.0 feedback, and HighTech Lending’s new wholesale brand name.
Continue readingIs it a Trap to Retire with a Mortgage?
44% of Americans 62 and older are still making a mortgage payment. Is retiring with a mortgage a trap? Here’s what the experts say…
Continue readingCan You Get a Reverse Mortgage if You’re in Foreclosure?
A recent column from the Sternberg Law Group addresses the question some unfortunate homeowners may find themselves in. They defaulted on their mortgage and are facing foreclosure but are interested in getting a reverse mortgage.
Continue readingHow to Effectively Engage Financial Advisors
How can reverse mortgage professionals more effectively engage with financial professionals? Our special guest shares strategies and one one tool that may help.
Continue readingAustralians Told to Monetize Their Home for Retirement
While Australia has one of the most robust government pension programs in the world many Australians are unprepared for retirement not unlike older homeowners in the U.S.
Continue readingSince 2010 Social Security Benefits Have Lost 20% Buying Power
How have Social Security benefits kept up with inflation? With 97 percent of older adults (aged 60 to 89) either receiving Social Security or will it’s imperative to measure the impacts of inflation against Cost of Living Adjustments
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