HECM product

HECM Product. Product vs. Process. Written by a financial planner with nothing to gain from Reverse Mortgages. By Stephen Kelley, CSA I have said it several times and written it in dozens of places, including books, columns, radio scripts (such as they are) and workshops: A good financial plan must be both financially and emotionally sound. […]

helpful to seniors

Reverse mortgages may be helpful to seniors- Newnan, GA News By Kandice Bell Reverse mortgages may become a trend and can be helpful to seniors in their time of need, according to mortgage experts. A reverse mortgage is a loan available to homeowners, 62 years or older, that allows them to convert part of the equity […]

HUD Secretary Ben Carson

HUD Secretary Carson Praises Reverse Mortgage Program in Speech HUD Secretary Ben Carson affirmed his commitment to the reverse mortgage program in a Monday speech to a major advocacy group for older Americans, lauding recent program improvements and emphasizing his desire to help homeowners age in place. “This is a top priority for my department: […]

Reverse mortgage after death

Reverse mortgage after death. How to Handle a Reverse Mortgage After Death by RALPH MILLER Reverse mortgage after death questions answered. Handling an estate after the death of a loved one can be stressful. If a family member had a reverse loan, it’s important to understand how to handle a reverse mortgage after death. If […]

What Seniors Should Know

What Seniors Should Know About FHA Reverse Mortgages  FOX News — Casey Dowd Forget downsizing or migrating to warmer weather, an overwhelming number (83 percent) of pre retirees and retirees today say they want to remain in their homes for as long as possible, according to a new survey from The American College of Financial […]

Top Retirement Risks

Reverse Mortgage Borrowers’ Top Retirement Risks. Retirement planning generally involves the balancing of potential risks to achieve the best outcome for a client. Over at The Retirement Cafe, blogger Dirk Cotton sees nearly 30 of them to consider, including both forward and reverse mortgage issues. Cotton identifies “housing problem risk” — including rises in mortgage […]