The Pew Research Center made a splash back in March with data that showed the fastest divorce-rate gains over the last 25 years belonged to Americans 50 years or older: 10 out of every 1,000 married people in that age group divorced in 2015, as compared to just 5 out of 1,000 in 1990. Divorces […]
Category: Education
NEW YORK — In a time of increasing interest rates, reverse mortgage brokers and lenders have a wide variety of options to thwart the potential negative effects — and potentially take advantage of certain benefits that arise as the federal funds rate rises. Craig Barnes of Reverse Mortgage Funding on Tuesday presented a series of […]
A new report from the Urban Institute claims that Americans aged 65 or older are reluctant to tap into their staggering amount of collective home equity, and a fear of reverse mortgages is part of the problem. Two researchers working under the auspices of the Washington, D.C. think tank — Karan Kaul and Laurie Goodman […]
Reverse Focus Weekly Podcast Episode #404 In this week’s Reverse Focus podcast, Shannon Hicks discusses next month’s reverse mortgage “Education Week” sponsored by the National Reverse Mortgage Lenders Association. The inaugural, week-long event is an attempt to facilitate conversations about reverse mortgages among non-industry professionals, including financial advisers, Realtors and home care professionals. Education Week […]
A lack of education is often blamed for the wide variety of reverse mortgage misconceptions that exist today. It’s also the reason why many other non-reverse industry professionals like Realtors and financial advisers balk at the idea of even considering reverse mortgages as potential solutions for their clients. Through a series of online educational sessions, […]
Subscribe
Receive industry updates and breaking news from RMD