Nice article below from Wall Street Journal on Reverse Mortgages. The author actually did some research and plowed through the skepticism surrounding government insured reverse mortgages. The untapped portion of the home equity credit lines grow each year
Jan 05, 2015 | HECM Reverse Mortgage Government insured mortgage Reverse Mortgage Retirement Planning HECM for Purchase
Nice article comparing wealth and consumption effects of a HECM Reverse Mortgage. I would like to add a few things. First, the money is essentially the same. You either pay the mortgage payment or have your home equity make the payment.
Jan 05, 2015 | HECM Reverse Mortgage Traditional Mortgage Reverse Mortgage supplemental retirement income Retirement Planning
It would appear that we may have a new word candidate for the mighty review board at Webster's. Rentership is a new phenomenon that is pervasive throughout our real estate economy. It is hidden below the radar and often not breached in con
Dec 12, 2014 | solutions for underwater properties Traditional Mortgage Rentership Real Estate Economy
If you are in the market for a new home and considering an all cash offer or a large down payment you should consider the benefits of a HECM for Purchase. This allows you to purchase a new home and establish a Reverse Mortgage in a single transactio
Nov 21, 2014 | Retirement Planning HECM Reverse Mortgage HECM for Purchase Reverse Mortgage
During the brunt of the recent mortgage crisis, when lenders nationwide faced unprecedented levels of mortgage loan delinquency in short periods of time, it was common to see delinquent mortgages sit with no adverse lender action. The lenders did no
Nov 11, 2014 | Short Sales solutions for underwater properties HECM Reverse Mortgage foreclosure forgiven mortgage debt
For every story of someone that got hurt with a bad mortgage in the housing crisis it sure would be nice to hear a good story. We all know that regulation and re-regulation has been a boon for the people that grow trees and make paper. The big
Sep 06, 2014 | Retirement Planning Reverse Mortgage supplemental retirement income HECM Reverse Mortgage HUD