A new study suggests that home equity release could become a more prominent retirement financing tool in the U.K. and Europe. Could the U.S. be next?
Category: International
Australia’s reverse mortgage program is getting a new name and new terms in an upcoming budget, according to the nation’s prime minister.
A U.K.-based equity release expert discussed the potential of reverse mortgage-like products in Europe, and differences with American product variations.
An analysis of reverse mortgage trends in the UK and Europe shares some interesting similarities with the American market, potentially providing a new educational path for the industry.
The leading reverse mortgage lender in Canada will be acquired by a province’s pension plan board for teachers, which is described as a leading institutional investor.
A new reverse mortgage company aims to modernize the product offering for borrowers north of the border, and the founder of the organization tells RMD how he aims to accomplish that.
While the potential remains high, reverse mortgage market penetration in Australia remains even lower in its market than the American reverse mortgage business is domestically.
Reverse mortgages in Australia have grown by five times since the government’s Pension Loans Scheme (PLS) recorded data in the 2018-2019 fiscal year.
A couple of news items from beyond the borders of the United States shows reverse mortgage interest accelerating, with a generally positive column in an Australian newspaper and a record reverse mortgage portfolio valuation in Canada.
Reverse mortgage markets in some international territories are poised to hit it big over the next decade, according to recent data and research presented by Australia’s Heartland Group and Canada’s HomeEquity Bank. According to Heartland Group, the market for reverse mortgages in Australia and around the world could grow by as much as three times […]
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