Aging in Place with a Reverse Mortgage: Challenges and Opportunities As a generation of aging Americans collectively decides that they’d rather stay at home than move into senior housing, reverse mortgage originators and lenders could have a new potential marketing angle. But as with many other retirement-planning ptiches, the words could fall on deaf ears.…

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Reverse Mortgages Questions by Forbes Magazine. Personal Finance. The Little Black Book of Billionaire Secrets. Next Avenue. Where grown-ups keep growing. Opinions expressed by Forbes Contributors Richard Eisenberg are their own. This piece is hopefully a beginning to answer your questions about Reverse Mortgages. You’ve likely seen the TV commercials for reverse mortgages, with the…

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Reverse mortgage market has been “cleaned up,” say financial advisors. Innovative approaches to protecting retiree portfolios. CNBC Investor tool kit. Novel approaches include structured notes and no-load modified endowment contracts. No-load modified endowment contracts provide certain minimum guarantees. Deborah Nason | @dnason Once you’ve stopped working, what steps can be taken to protect your retirement…

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Researcher: No “Rational Reason” to Avoid Reverse Mortgages As the American population ages, experts have increasingly pointed to home equity as a key source of retirement income — even as many older homeowners remain hesitant to tap into it for reasons that continue to confound both academics and players in the mortgage industry. Steven Sass,…

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PBS TV on Reverse Mortgages. PBS Program Takes Deep Dive into Reverse Mortgages. A nationally syndicated PBS personal finance program dedicated a solid chunk of a recent episode to the new academic thinking around reverse mortgages and retirement. Jamie Hopkins, an associate professor of taxation at the American College of Financial Services in Bryn Mawr,…

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How Reverse Mortgages can Fill the Retirement Income gap, who qualifies, and how much can be borrowed? from Planadviser and Lee Barney . Reverse mortgages make sense for retirees who wish to remain in their home, who need some additional income and who are not concerned about leaving the equity in their home to their…

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Secrets of wealthier retirees. 4 reverse mortgage loan secrets of wealthier retirees. Bankrate.com By Dana Dratch  Some retirees who are in better-than-average financial shape are embracing reverse mortgage loans as a smart financial planning tool. For example, they’re taking out reverse mortgage loans — particularly reverse mortgage lines of credit — in case their investments come…

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Use Home Equity. A smart way for seniors to tap home equity. By KATHY KRISTOF CBS MONEYWATCH Mississippi retiree Richard Blackmon couldn’t fathom leaving the three-acre compound that he calls home. But debts that built up during his working years were draining his bank account and leaving him increasingly stressed about money. When he saw an…

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Reverse mortgages have an image problem story in Investment News written by Mary Beth Franklin. A rose by any other name may smell just as sweet, but when it comes to a home equity loan, one that is labeled “reverse mortgage” just plain stinks. That’s the conclusion of new research released Wednesday by the National…

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Realizing Peoples Needs. I found this in the Chicago Tribune. Written by Benny L. Kass. Benny is known for badmouthing Reverse Mortgages until now…….. Q: We need money to pay for some personal matters. We are both 65 years old and have a small mortgage on our house but have plenty of equity. We are…

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