The article reports that the 2008 third-quarter usage data from Golden Gateway Financial reveals that more senior citizens are looking at reverse mortgages as a way to survive the U.S. economic crisis. It is sai...
Marilyn has an in depth understanding of reverse mortgages and exchanges. Marilyn's team of specialists will guide and offer you options so you can make the right decision about selling the family home, renting, investing in rental property or exchanging for other real estate. Marilyn can provide...
Retirement boostDeals with reverse mortgages for retirees in Australia. Concept of reverse mortgages; Drawback of reverse mortgages; Information on the Seniors Access Home Loan offered by St. George bank.Zahos, EffieMoney
Reverse mortgage loans allow retired homeowners to access the equity in their home through a lump-sum cash advance, an income stream, or a combination. Much of their appeal lies in the fact these loans dot need to be repaid until the...
EASY ON THE EYESThe article discusses various reports published within the issue, including one by Chris Costanzo on the best practices for online banking and one by Steve Garmhausen about reverse mortgages to seniors.Scardino,...
for the financial services industry in the U.S. The study indicates an increase in the number of seniors aware of reverse mortgages, but the industry has more work to do in educating seniors reg...
More Reverse Mortgages Being Sold Via AdvisersInstead of waiting for seniors or their families to learn about reverse mortgages on their own, top lenders are reaching out to financial advisers, insurance agents...
from their home equity and pay nothing back until they move or die; Increases in the percent of reverse mortgages; Payment forms of reverse mortgages; Costs of reverse mortgages; Suggestion that seniors sell their homes and move rather...
The trend, which resulted to creation of marketing campaigns targeting seniors, calls for the need to understand their population. It is also necessary to fight against the skepticism surrounding reverse mortgages, as many organizations have ...
Department of Housing and Urban Development (HUD) has proposed to waive up-front premiums in its reverse mortgage insurance program for seniors who agree to use the proceeds to pay for long-term-care insurance. Background on the so-call...