Reverse Mortgage News by HECMWorld

E797: Why one Canadian financial advisor reversed here thoughts on reverse mortgages

• [Canadian Mortgage Trends] Why I reversed my thoughts on reverse mortgages
• [RMI] Reverse Market Insight's Market Minute
• [NewJersey.com] Social Security Cost of Living Allowance will increase by this much
  
  Watch our video podcast here!

E796: Most people say they want to ’age in place’ but what does that really mean?

• [Morningstar] Most people say they want to 'age in place' but what does that really mean?
• [RMD] How reverse mortgage marketing can challenge product myths.
• [CNBC] The housing industry urges the Fed to stop raising interest rates or risk a hard economic landing.
  
  Watch our video of the podcast here!

E795: A Ramsey Solutions caller asks if she should use a reverse mortgage to buy a rental

• [YouTube] A Ramsey Solutions caller asks if she should use a reverse mortgage to buy a rental
• [Bloombert] Reverse-Mortgage Suit Claims Feds Reneged on Loan Promise
• [Forbes] CFPB Strikes Out Where It Is Most Needed says Jack Guttentag

E794: Why your home is a terrible inheritance for your kids

• [Kiplinger.com] Your home would be a t4erribhle inheritance for your kids
• [RMD] The National Association of Mortgage Brokers launches its new reverse mortgage certification
• [Money.com] What older Americans need to know about Social Security's 2024 Cost of Living Adjustment (COLA)

E793: This surprise expense is likely to upend retirees budgets

• [Money.com] This surprise expense is likely to upend retirees budgets
• [RMI] Reverse Market Insights Reverse Market Minute with Jon McCue
• [RMD] What happens to HECMs if the federal government shuts down?

E792: The U.S. Housing Market is Caught in a Trap!

• [HUD] Updated HUD Counseling Handbook includes enhanced HECM guidance
• [RMD] Former Live Well CEO denied motion for a new trial
  [US News] The U.S. Housing Market is Caught in a Trap 

E791: When a reverse mortgage is likely a scam

• [Yahoo Finance] When a reverse mortgage may be a scam
• [Morningstar] 2 Ways to Use Home Equity to Fund Retirement
  [BankRate] Housing market predictions: The forecast for the next 5 years

E790: Property Tax Relief is still available in California

• [Bullfrag.com] Mexico's reverse mortgage market opportunity
• [The San Francisco Chronicle] Mortgage relief is still available in California
• [TheMessenger.com] A risky proposition: More homeowners are forgoing insurance

#789: The 10-year CMT Index is forecast to drop in 2024

• [Reverse Market Insight] The reverse mortgage Market Minute with Jon McCue
• [Financial Advisor Magazine] The complex truth about reverse mortgages
• [Money.com] Americans say they’ll need $5,000 a month to retire comfortably

E788: Will demographics be the saving grace for HECM lending?

• [Reverse Mortgage Daily] Will demographics be the saving grace for HECM lending?
• [Reverse Mortgage Daily] The State of Hawaii says now-bankrupt RMF owes unpaid taxes
• [Housing Wire] The CFPB issues a nearly $2M fine to one mortgage lender and real estate agency