Posts Tagged ‘facts about reverse mortgages’

REALITY CHECK: “Reverse Mortgage Realities” According to The New York Times

REALITY CHECK:

The latest example of bad information on reverse mortgages is by Lisa Prevost, The New York Times, who promises to present "realities of reverse mortgages." And then doesn't.... (Continue reading)

How and Why Congress Changed the Reverse Mortgage in 2008

How and Why Congress Changed the Reverse Mortgage in 2008

Congress recognized the important role that reverse mortgages play so in HERA they offered greater protections and increased utility to homeowners.... (Continue reading)

Want to Know What I Just Heard About Reverse Mortgages?

Want to Know What I Just Heard About Reverse Mortgages?

"I heard they cost $112,000." I'm dumbfounded at how many talk about a reverse mortgage without mentioning that they don't know what they're talking about. ... (Continue reading)

LATE START STRATEGY: Creating retirement income to last a lifetime… even if you haven’t saved a nickel.

LATE START STRATEGY: Creating retirement income to last a lifetime... even if you haven't saved a nickel.

Is it even possible to be financially prepared for thirty years of living without getting a paycheck from work? The answer is simple: INCOME. And even without savings it can be done.... (Continue reading)

Why Can’t Dave Ramsey Get his Facts Straight on Reverse Mortgages?

Why Can't Dave Ramsey Get his Facts Straight on Reverse Mortgages?

Reverse mortgages are an extremely important financial tool for millions of Americans... and more and more every day. When Dave Ramsey writes about them, he needs to be accurate... and he's not. And that's a problem. ... (Continue reading)