In a new video appearing at Yahoo Finance, a reverse mortgage is presented as a possible option for retirees alongside an oft-repeated method often given to seniors to enhance their cash flow in retirement.
A new column at Money.com advises borrowers of adjustable-rate forward and reverse mortgages that they could be getting what they might think will be a “strange” notice in the mail soon, with details on the shift away from the London Interbank Offered Rate (LIBOR) index.
Boston College’s Center for Retirement Research takes a closer look at the relationship between rising home equity levels for homeowners age 62+, and the distance between those levels and reverse mortgage volume.
In the beginning of a new regular feature on RMD, we sit down with a pair of California originators to discuss the best ways to overcome reverse mortgage borrower “pain points” in the consultative process, both generally and specifically to their market.
Fairway Independent Mortgage Corporation’s Harlan Accola shares some of the most efficient ways to enlist financial planners as reverse mortgage referral partners, with key advice coming down to knowing and appreciating the details of their business before walking into a meeting.
The reverse mortgage industry has made several recent efforts to appeal to the financial planner community, and RMD updates the industry on those from FAR, Fairway, CrossCountry Mortgage and the Academy for Home Equity in Financial Planning.
People often hear of reverse mortgages described as “loans of last resort,” but Fairway Reverse Mortgage Director Harlan Accola turns that notion on its head in a column at Nasdaq.
A pair of reverse mortgage executives have researched and published a book about the product category, addressing features, misconceptions and more. They hope it serves as another way to connect with seniors.
An advice column in the Washington Post tackles the topic of reverse mortgages, advising that all costs should be considered before deciding what to do with your home equity in retirement.
Four potential methods for using home equity in retirement, including taking out a reverse mortgage, are explored in a straightforward way at Forbes.