We are all aware that the low interest rate environment has had devastating effects on seniors and retirees in general for many years. This is not something new but the recent trends, in conjunction with the devastation many retirees experienced with thei
The HECM Reverse Mortgage Program changes are now in place effective October 1, 2013. Changes to the program are clearly geared toward keeping the financial risk to the government insurance fund in check. As expected, the equity principle limit eligibilit
The mortgage market place has been heavily re-regulated since 2008 and for years we have relied on volumes of disclosures to guide and protect our borrowers. Do you think for a moment that regulation prevents money motivated unscrupulous acts?
With 10,000 people retiring every day since 2004 that would hardly seem like a revolution. However, when you see Private Equity creating companies and catapulting into the Senior Assisted Living arena it’s a different dynamic. Private Eq
I didn’t think that was a word either but according to Morningstar and the attached comprehensive retirement planning video, it is. Your retirement, whether it be for you, a client, or a family member, is all part of a plan that is sup
It has to be noted that 70% of seniors are expected to have to tap their home equity to make it to retirement let alone through retirement. That is not something we really want to hear because not everyone has home equity as a vehicle. We also have t