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Why the HECM Reverse Mortgage Market Is Stunted - Sarasota Herald-Tribune

Why the HECM market is stunted. The fundamental reason is that most senior homeowners view reverse mortgages with anxiety, suspicion and distrust. read more

Why HECM Reverse Mortgage Borrowers Make Mistakes - Forbes

ByJack Guttentag. Follow Author. Share. Save. Money Retirement. Why HECM Reverse Mortgage Borrowers Make Mistakes. ByJack Guttentag, Contributor. ... Concluding Comment on the Unserved HECM Market. read more

Some Questions and Answers About HECM Reverse Mortgages

I frequently get questions from homeowners about HECM reverse mortgages, which is not surprising — HECMs are complicated and meet a wide variety of homeowner needs. Furthermore, HECMs are not at ... read more

Integrating HECM Reverse Mortgages Into Retirement Plans - Forbes

This article explains why HECM reverse mortgages are a stand-alone product rather than part of integrated retirement plans, the unrealized benefits of integration, and how these benefits could be ... read more

Jack Guttentag: Know this to get best deal on a HECM reverse mortgage

Each week, nine reverse mortgage lenders update their prices to my website, which is the only available source of price data covering multiple lenders. For this analysis, I assume a borrower age ... read more

Jack Guttentag: Lower limits on reverse mortgages will hurt seniors

The HECM reverse mortgage program has been bleeding red ink. Losses on transactions in which the loan balance at termination exceeds the net recoverable property value have been larger than the ... read more

Forbes: Why Reverse Mortgages Can Help Against Property Value Risk

For someone looking for a hedge against property value risk, a senior may not need to look any further than a Federal Housing Administration (FHA)-sponsored Home Equity Conversion Mortgage (HECM ... read more

Why public and private barriers have prevented wider use of reverse ...

Jack Guttentag runs down the public and private "barriers" preventing more widespread adoption of both reverse mortgages and ... 30-Yr. Fixed Conforming. Updated hourly during market hours. 6. ... read more

Mortgage Professor: 'Time to act on reverse mortgage' - MyNorthwest

If you are a senior who has been contemplating a reverse mortgage, this may be the time to act, according to Jack Guttentag, professor emeritus of finance at the Wharton School of the University ... read more