A welcome change of course from the Trump administration from Washington Post Virginia Rayford, 92, is facing foreclosure on her Washington home. (Salwan Georges/The Washington Post) By Editorial Board September 5 at 6:59 PM THERE ARE many good reasons for the federal government to intervene in the economy, but diverting resources from less affluent first-time home buyers…

Read More

Reverse Mortgage Qualification. Here’s what you need to qualify for a reverse mortgage. What to expect when applying for a home equity conversion mortgage. Home equity conversion mortgages, more commonly known as reverse mortgages, are another avenue for homeowners to add to their financial assets and retirement plans. Reverse mortgages give older homeowners another source…

Read More

Why a reverse mortgage might be a good idea for some older homeowners by Liz Weston. Los Angeles Times. Dear Liz: I recently retired to a small house I bought 30 years ago. I refinanced four times to get the rate down from 11% to 3.5%. This provided me with a low monthly mortgage (just…

Read More

Reverse mortgages and healthcare by By Alain Valles, CRMP, MBA, CSA. Obama-care, Trump-care, no-care The cost of healthcare, doctor’s visits, prescriptions, and forms to fill out when you’re healthy is enough to make you sick. But when a cold turns more serious, or a life event occurs, or a chronic ailment worsens then the care available…

Read More

Easing the Debt Crisis for Older Americans. Nonprofit credit, student loan counseling agency Take Charge America breaks down issue, shares advice for seniors in debt PHOENIX–(BUSINESS WIRE)–More older Americans than ever before are carrying debt into retirement – and often their debt grows from there. From medical and credit card debt to home mortgages and…

Read More

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…

Read More

Reverse Mortgage Fees. What Are the Fees to Get a Reverse Mortgage? By NERDWALLETYou can trust that we maintain strict editorial integrity in our writing and assessments; however, we receive compensation when you click on links to products from our partners and get approved. Here’s how we make money.A reverse mortgage is a special type…

Read More

Life Expectancy. Reverse Mortgage Alabama brings you this article from in which the Huffington Post and Jack Gutentag Explores Role of Life Expectancy in Reverse Mortgages. In a post from reverse mortgage expert Jack Guttentag, the Huffington Post explores an interesting twist to a potential Home Equity Conversion Mortgage borrower’s mental calculus — the knowledge…

Read More

Purchase with Reverse. Reverse Mortgage. 7 Must-Read Reverse Mortgage for Purchase Resources. Studies show that many older adults want to age in place during retirement. But others who aren’t yet ready to put down roots may choose to relocate, downsize or even upgrade to a new home during their non-working years. A reverse mortgage can…

Read More

Retire Savings Boost. Reverse Mortgage Alabama. Boost your retirement saving article from Forbes Magazine. How Homeowners Can Get a Retirement Savings Boost from Uncle Sam. Forbes Magazine by Matthew Heimer The idea bounces around in the head of just about every homeowner, or at least every homeowner over 50: If I fall short on my…

Read More