Reverse Mortgage Information

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"AARP - Inside E Street," is a half hour talk show featured on Retirement Living TV, the only network dedicated to adults 50 and older. The weekly program delves into issues that impact health, financial security and retirement. Each week,.
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If the Obama administration gets its' way, 57 million seniors could be getting another $250.00 check from the government . If approved, the proposal calls for a one-time lump sum payment scheduled for sometime next year. The justification for the...
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HECM (Home Equity Conversion Mortgage) reverse mortgages have suffered a big blow by Congress and HUD this week. HECM loan limits will be slashed by 10%, effective October 1, 2009. In the face of declining home values nationwide, decimated stock market..
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HECM reverse mortgages offer a higher lending limit than ever before. At the end of last year FHA changed their antiquated way of determining loan limits by simplifying it into one National loan limit of $417,000. However, shortly after that, the...
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Over the weekend I was invited to a get-together where there were people from all different age groups. Several of the older attendees knew that I work in the reverse mortgage field. One gentleman in his mid 70's pulled me aside and said, "My..
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