Tag Archives: reverse mortgage

When Should you use a Reverse Mortgage to Pay for Home Modifications?

How to use your home equity for home improvements June 12, 2017, Rob Cooper, HousingWire.com Whether it’s adding an accessory apartment for a live-in caretaker, widening doorways, or redesigning a bathroom or kitchen, there are many types of home modifications that … Continue reading

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Here’s What you Need to Qualify for a Reverse Mortgage

What to expect when applying for a home equity conversion mortgage April 6, 2017, Caroline Basile, HousingWire.com Home equity conversion mortgages, more commonly known as reverse mortgages, are another avenue for homeowners to add to their financial assets and retirement plans. … Continue reading

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Will New Reverse Mortgage Policies Reverse Concerns?

DSNews.com, July 22nd, 2016 Reverse mortgages have the potential to become more popular as more households with insufficient income reach retirement, according to a study done by the Center for Retirement Research at Boston College. Despite the possibility for increased … Continue reading

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Recent Changes to Reverse Mortgage Rules Cut Default Risk in Half

New report from Center for Retirement Research at Boston College lauds HECM program July 15, 2016, Ben Lane, HousingWire.com A new study from the Center for Retirement Research at Boston College states that recent changes made to the rules governing reverse … Continue reading

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New Survey Shows Retirees Want to Stay in Homes

REal Estate Book, June 5th, 2016 An overwhelming number of people nearing or in retirement want to remain in their current home as long as possible, according to the results of a new survey released by The American College of … Continue reading

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Spring Clean your Personal Finances

Plus a case for getting a reverse mortgage April 11, 2016,. Jacob Gaffney, HousingWire.com Monday Morning Cup of Coffee takes a look at news coming across HousingWire’s weekend desk, with more coverage to come on bigger issues. Personal finances content dominated the … Continue reading

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Housing Advocates Join Industry Applauding Reverse Mortgage Change

Clarification benefits all involved Trey Garrison, June 15, 2015, HousingWire.com In rare moment of congruence, affordable housing advocates and housing industry players are applauding the recent decision by the U.S. Department of Housing and Urban Development and the Federal Housing Administration to changes its … Continue reading

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