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Avoid retirement scams with a reverse mortgage 1 Oct 2011 | 04:25 am
If you are retired or in the process of planning your retirement, you should be wary of potential retirement scams that could impact your finances. If you rely on the equity in your home for a reverse...
Eight budgeting tips for retirees 4 Aug 2011 | 04:08 am
Enjoying a financially successful retirement depends on two things: adequate savings and investments for income and a streamlined spending plan. Boosting your income for retirement can be accomplishe...
Saver reverse mortgage shows modest gain 23 Mar 2011 | 03:33 pm
Things were supposed to be better in February. The FHA Saver reverse mortgage product was supposed to gain traction with time and to some extent this has happened. But given the huge advantage of the ...
Your reverse mortgage checklist 17 Mar 2011 | 12:20 am
Your financial situation may not be the same today as it was last year or even last month. So if you are at least 62 years old and are trying to plan for retirement, use the following checklist when c...
Bankruptcy and reverse mortgages 16 Mar 2011 | 04:41 am
Maybe you got a reverse mortgage a while back and are still struggling with mounds of debt. If you’ve exhausted all your options for getting things under control, you may be contemplating a bankruptcy...
Addressing concerns of reverse mortgage heirs 15 Mar 2011 | 07:14 am
Are your kids against you getting a reverse mortgage? Deciding to draw down the equity in your home with a reverse loan can cause a lot of concern among your adult kids. Although the decision to apply...
AARP sues HUD over reverse loan changes 11 Mar 2011 | 05:57 am
AARP is suing the U.S. government over the effect of changes made to its reverse mortgage program. A lawsuit was filed this week in U.S. District Court for the District of Columbia seeking an injuncti...
Will reverse mortgages die on Capitol Hill? 9 Mar 2011 | 05:25 pm
Congress is on the warpath. It’s wants to get rid of allegedly failed and excessive housing programs and already two programs have bitten the dust with initial votes. The question, of course, is could...
More educated Americans stay in workforce longer 9 Mar 2011 | 12:32 pm
The more education people have, the longer they remain in the work force, according to the Employee Benefit Research Institute (EBRI). In 2009, 63.1 percent of Americans 55 and older with graduate or ...
Mortgage market collapse has impacted reverse loan industry, says report 8 Mar 2011 | 06:28 am
There have been some major changes in the reverse mortgage industry since the collapse of the mortgage market in 2008-09, according to a recent report from the AARP Public Policy Institute. The report...
