I was happy to see the reverse mortgage industry get some good press from ABC’s Good Morning America earlier in the week (thanks Jean!). After the senate hearing a few weeks ago it seemed like all the press was bashing our industry. If you didn’t get a chance to catch it, check out the video here.
Also take a look at the comments from the article (57 when I posted this)… people seemed to be upset that she mentioned you shouldn’t have a mortgage balance. I understand this complaint but the video was very positive and our industry needs more of this. My personal favorite comment was:
Something’s got to provide Mr. and Mrs. America the means to keep the status quo, otherwise down they’ll go….homeless and on the street. God Bless Reverse Mortgages!
A few other new stories:
- Town wants to let seniors work off taxes (CNN.com)
- Reverse Mortgage Trends (From a loyal RMD Reader!)
Have a great weekend!