Category: The Housing Market
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Reverse Mortgage Counseling and Funding
0 Likes Thank You! Concerns about the counseling requirement for Home Equity Conversion Mortgage (HECM) are not about ineffectiveness, or it is being mandatory. Rather, they center on a subject that is believed to be vulnerable
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Reverse Mortgage in the U.S. And Canada: A Comparison
0 Likes Thank You! From the economic system to standard of living, Canada and U.S. are parallel to each other. The two countries have a lot in common including an aging population and a mortgage product intended
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Foreclosures and Reverse Mortgage
0 Likes Thank You! Foreclosure is probably one of the few terms that made it among the household names after its increased rates in 2006-2007 that led to the economic crisis in 2008. While foreclosure rates
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A Closer Look at Reverse Mortgage Line of Credit
0 Likes Thank You! In two studies published this year, the Journal of Financial Planning highlighted the use of Home Equity Conversion Mortgage (HECM) popularly known asreverse mortgageline of credit to supplement retirement income. In Jack
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State-Specific Legislations that May Affect Reverse Mortgage
0 Likes Thank You! While the reverse mortgage industry is governed by a set of interrelated federal and state laws, the majority of policies that affect reverse mortgage lead generation and lending are crafted at the