This article is from: Squared Away Blog: Financial Behavior: Work, Save, Retire from the Center for Retirement Research at Boston College, posted Feb 11, 2020 Retirees are apparently unpersuaded that it’s a […]
CFPB Report on Social Security Claiming and Reverse Mortgages: Slanted by Silence
The CFPB released a report on August 24 titled “Issue Brief: The costs and risks of using a reverse mortgage to delay collecting Social Security”. On a quick glance, the 26-page report […]
Reverse Mortgages Rules To Change Positively And Negatively For Retirees – from Forbes.com, by Jamie Hopkins
Jamie Hopkins’ post from Forbes.com, Sep 21, 2017 A number of recent articles stated that the government’s new reverse mortgage changes (Mortgagee Letter 2017-12) will make the program less attractive to borrowers. […]
Reverse Mortgages: How Large Will A Line of Credit Be?
How much cash would be available if a client got a reverse mortgage line of credit? There’s a straightforward process to anticipate the size of HECM reverse mortgage lines of credit. Credit […]