Automatic Website Traffic RSS

A Reverse Mortgage On The Country

In 2010 we published a KnowRisk commentary with a greatly simplified description of the US budget called Federal Budget 101. The same issue has not only remained, but unfortunately grown in size. read more

My mother-in-law, 75, has difficulty paying off her $52,000 mortgage and $20,000 HELOC. Should she sell her home — or take out a reverse mortgage?

She can barely make her mortgage payment as all her income goes towards the house payment and living expenses.” ... read more

The best times to get a reverse mortgage

A reverse mortgage can help relieve financial pressure for seniors, but it's important to get the timing right. read more

Reverse mortgage: What it is and how it works

Be wary of the signs of a reverse mortgage scam, including unsolicited loan offers, confusing or high-pressure sales tactics, a lender charging you for simple information or a lender attempting to pay ... read more

What is a reverse mortgage and how does it work?

Reverse mortgage types Reverse mortgage requirements ... As part of the application process, your financial information will be verified, including your credit history, income, assets and expenses. read more

Rising Rates Hit Reverse-Mortgage Payouts

If a reverse mortgage can help your situation, it still makes sense for a lot of people,” says Simmons, a reverse-mortgage specialist at American Liberty Mortgage in Denver. “There are so many people ... read more

Origins: From managing restaurants to reverse mortgage partnerships

In a new "Origins" feature, RMD sits down with FAR's Ryan Schmidt to track his entrance and evolution in the reverse mortgage business. read more

Unlocking Financial Freedom for Seniors: The Transformative Power of Reverse Mortgages

Dan Swoish, Reverse Mortgage Specialist, Leads Seniors to Financial Freedom, Redefining Retirement Planning ... read more

Former academy resumes role as Funding Longevity Task Force

After spending the past few years at the University of Illinois, the former academy is returning to its task force status at Mutual of Omaha. read more

Rising Rates Reduce Reverse Mortgage Payouts

The American Association of Retired Persons (AARP), a nonprofit, nonpartisan organization that advocates for Americans aged 50 and older, warns that rising interest rates will reduce reverse-mortgage ... read more

What Is a Reverse Mortgage?

If you’re considering a reverse mortgage, weigh the pros and cons and ask a HUD counselor for more information. A reverse mortgage must be paid in full if you sell your home or leave it permanently. read more