The industry is shifting boundaries, and for the better. The new reverse mortgage rules are helping to alleviate previous concerns regarding these HECM home loans. This sudden turn of events is helping to remove any stigmas that are associated with these loans. According to a report from the Center for ...

Baby boomer debt is mounting at rates that are disparate with the previous generation, fueling fears that many will never be able to retire and live the same lifestyle they did when they were still part of the workforce. About 53% of those involved in a Bankers Life Center for ...

There are so many different uses for a reverse mortgage that often go overlooked that it can be helpful to learn about all of your options with these HECM home loans. If you are not up-to-date on what benefits a reverse mortgage has to offer, we’ve got you covered in ...

As you near your golden years, the last thing that you want to have to do is worry about money and how you are going to preserve your way of life. Many times, retirees find out that they may not have enough money set aside to assure the same lifestyle ...

May marked a new, big month for HECM reverse mortgage securities, or HECM mortgage-backed securities (HMBS). According to the most recent reports, $857 million in new pools were created during May alone, says a New View Advisors report. April capped off at $775 million respectively, but was unable to top ...

If you have not considered the benefits of reverse mortgages, here’s some food for thought. New rules have changed the game altogether, protecting borrowers more than ever before. For example, the amount of money that you can take out during the first 12 months is limited. Spouses who are under ...

Following years of negative reports that focused on the downsides of this industry, it seems that reverse mortgage popularity is finally on the rise. A recent NY Times report concurs this evolving, positive mantra behind these HECM loans, with experts citing that home equity is an increasingly important asset to ...

What are the smartest ways to use a reverse mortgage if you are considering these lucrative home loans for older Americans? A reverse mortgage is becoming a popular way to access your home equity and use the funds to provide an added vehicle toward retirement security. Recent studies have found ...

Retirees in today’s market have many things to consider. Namely, what does the future hold and will you have enough income and assets to persevere. Aside from any investments, savings and assets that you have, a commonly overlooked but beneficial method may be your home equity. Can a reverse mortgage ...

Just how prepared are you for retirement and do you really have enough savings set aside to make it comfortably through your golden years? While planning and saving early on is the key, the reality is that inflation, unforeseeable living expenses and medical expenses and hidden bills can really set ...