What Advisors Need to Know About the New Reverse Mortgage Rules
Get ready to field more questions about the pros and cons of reverse mortgages — and how to use them as an estate planning tool.
Reverse Mortgages and Retirement Planning: Bridging the Income Gap
Reverse mortgages, while often overlooked as a planning tool, are increasingly taking on an important role in effective retirement planning.
Recession-Wracked Boomers Seek Reverse Mortgages at Younger Age: MetLife
The number of cash-strapped Baby Boomers age 62 to 64 taking out reverse mortgages has tripled since 1999, sharply lowering the average age of potential borrowers, according to a study released Wednesday by the MetLife Mature Market Institute.
AARP Sues Fannie Mae, Wells Fargo Over Reverse Mortgages
AARP has gone to court for a second time to challenge foreclosures on reverse mortgages in which plaintiffs were not notified and were not offered the option of purchasing the property for 95% of its appraised value.
Accidents Will Happen!
Nobody likes to think about what life would look like should disability strike. But the reality is that one-third of all Americans between the ages...
Investing in the American Dream
My uncle, a dyed-in-the-wool apartment-renting Brooklynite, was arguing with my parents, suggesting they were fools for having bought a house and paying all that money...
Over the past few years, numerous advisors, independent broker/dealers, and brokers have formed relationships with mortgage lenders to help serve their clients better and pull...