Reverse Mortgage Information
Preparing For A Future That Includes Aging Parents
04/30/12 at 01:47 PMnpr.org - Planning a wedding is exciting. Mapping out a vacation is fun. Figuring how to afford care for your confused, elderly father? That one may never cross your mind - at least, not until you need more money to care for him. A reverse mortgage can help. Call Steve Haney in Colorado for more information. (877) 299-5500
Video: The Basics of a Reverse Mortgage
04/23/12 at 02:26 PMBrent Lawrence of Desert Community Bank explains the basics of Reverse Mortgages, including: How the Reverse Mortgage differs from a conventional loan, Reverse Mortgage qualifications, Uses for home equity conversions, Common misconceptions, Retirement assets, and Typical retirement income with a Reverse Mortgage.
Preserve Your Portfolio with a Reverse Mortgage
04/19/12 at 09:02 AMA new type of reverse mortgage may be one key to enabling retirees to preserve portfolios and keep less cash in reserve, says Harold Evensky, a financial planner and nationally recognized expert on retirement issues.
Written by: Karen DeMasters
Source: Financial Advisor Magazine
The New Reverse Mortgage Magic
04/18/12 at 08:30 AMAny advisor worth his or her proverbial salt is familiar with reverse mortgages, and how the unique arrangements can allow house-rich but cash-poor seniors to afford to remain in their primary residences.
But there is a lesser-known yet more-intriguing use of the financial tool: letting qualifying buyers purchase a home with a decent down payment, but no mortgage to pay off, and with no in-depth consideration of their income, assets, or credit situation.
Written by: Kevin McKinley
Source: RegisteredRep.com
Using the Reverse Mortgage for Wealth Accumulation
04/17/12 at 08:21 AMRather than the “conventional wisdom” around reverse mortgages, which means often using the reverse mortgage as a last-ditch effort to remain in a long-term home while eliminating payments on the home when cash flow is at its lowest, Sacks and Sacks advise using the reverse mortgage much sooner, and as an alternative to drawing down on investments that may be under-performing.
Written by: Elizabeth Ecker
Source: Reverse Mortgage Daily
NBC Today Show, The Pros and Cons of a Reverse Mortgage
04/16/12 at 07:49 PMNBC’s The Today Show this morning devoted a four minute segment to the topic of reverse mortgages, spelling out the details of the loans for the increasing number of people who are interested.
Written by: Elizabeth Ecker
Source: Reverse Mortgage Daily
Boston College Study Shows Reverse Mortgages Help Offset Retirement Income Shortfalls
04/12/12 at 11:10 AMFinancial advisors will be of greater help to their clients if they focus on a broad array of tools, including taking out a reverse mortgage, a Boston College study released in April finds.
Written by: Elizabeth Ecker
Source: Reverse Mortgage Daily
CNBC: Few US Cities Prepared for Aging Baby Boomers
04/05/12 at 02:04 PMFew communities have started to think long term about how to plan and redesign services for aging baby boomers as they move out of the workforce and into retirement. Reverse mortgages can help seniors age in place.
Reconsidering Reverse Mortgages
04/03/12 at 03:32 PMTrading their reputation as a loan of last resort, reverse mortgages are gaining popularity among borrowers and investment advisors, according to an April 2012 article in Investment Advisor magazine.
The Senior Sam Guide to Reverse Mortgages
03/15/12 at 08:43 PMThe Senior Sam Show: An Exciting and Informative Guide to Reverse MortgagesStarring Senior Sam with Special Guest, Banker Bob, from SeniorSam.com.
Reverse Mortgage Myths
03/14/12 at 04:51 PMWhile this generation of retirees is healthier, more active and living longer than ever, many retirees are seriously unprepared economically for the financial requirements of retirement. Here are excerpts from "The Top 5 Financial Myths", from Reverse Review.
Written by: Pete Engelken
Source: ReverseReview.com
Reverse Mortgage Industry Makes New “Pledge” To All Borrowers
03/12/12 at 03:33 PMNRMLA has launched a new initiative for all its reverse mortgage lender-members to implement in the coming weeks. The new effort, coined a “Pledge to Borrowers,” restates NRMLA members’ commitment to working with borrowers in a way that’s representative of the association’s code of ethics and conduct.
Written by: Elizabeth Ecker
Source: Reverse Mortgage Daily
Economic Security Centers - A Video Message from the National Council on Aging
03/02/12 at 06:51 AMEvery day, a third of older Americans live on the edge of poverty. Provident Lending Reverse and Reverse Mortgages Colorado thanks The National Council on Aging's Economic Security Centers, that help seniors get back on their feet.
Servicing - Is Anyone Home?
02/23/12 at 12:59 PMReverse mortgages provide many borrowers with the autonomy they seek under one simple condition: the home must remain their primary residence.
Written by: Ryan LaRose
Source: Reverse Review
Supporting Your Caregivers
02/22/12 at 12:27 PMAlthough a daunting two-thirds of all American seniors need long term care at some point, only 7 million Americans now carry long term care insurance out of the 250 million who carry health insurance.
Written by: Marty Bell
Source: Reverse Mortgage NRMLA Magazine
The Growing Lone of Credit (LOC) - The Most Overlooked Benefit
02/21/12 at 07:51 AMThe Growing Line of Credit (LOC) - The Most overlooked Benefit
Using a Reverse Mortgage as an Estate Planning Tool
02/20/12 at 07:33 AMUsing a Reverse Mortgage as an Estate Planning Tool
How Reverse Mortgages Can Help Your Older Clients
02/17/12 at 02:58 PMThe reverse mortgage industry is refocusing on a relatively new lower cost loan type.
Written by: Mark Miller
Source: RegisteredRep.com
Trends in the Use of Reverse Mortgages
02/16/12 at 08:00 PMTrends in the Use of Reverse Mortgages