A local bank in Taipei recently launched the first private reverse mortgage loan available in Taiwan, spurring the start of what it anticipates will be a financial product that addresses a growing demand as the nation’s population ages, reports The China Post. Last month, Taiwan Cooperative Bank unveiled its reverse mortgage program in the greater […]

As reverse mortgages continue to carve out their role in the U.S. retirement planning conversation, these products are growing increasingly popular for such strategies in “the land Down Under,” a recent study suggests.  The use of home equity as a resource to be considered with other retirement sources is an emerging interest among Australian financial […]

As reverse mortgages pick up steam in the United States, the financial product is also making an appearance in Central Europe. Poland will now allow reverse mortgages, as the law on the home equity loan took effect Monday. To date, the country has lacked a legal framework to allow primarily retired people to unlock the value […]

In observation of the Thanksgiving holiday, RMD will be out of office for the remainder of the week, but will return to our normal posting schedule Monday, December 1. RMD in the meantime would like to wish all of our readers a safe and enjoyable Thanksgiving.

The senior population in the U.S. is faring far worse than their counterparts living in other nations in terms of affording health care costs and getting the care they need, says a new international survey. In the U.S., adults age 65 and older are sicker and more likely to struggle paying medical bills and getting the […]

Cultural roadblocks have largely hindered the popularity of reverse mortgages and their general acceptance among the India’s population, according to an article from BusinessWorld.  There are three main reasons why reverse mortgages have not taken off yet in the country, writes guest columnist Anuj Puri, chairman and country head of Jones Lang Lasalle India.

A New Zealand regional lender last week finalized a deal to acquire several reverse mortgage interests in both its home nation and Australia for a purchase price of NZ$87 million. Heartland New Zealand Limited (NZX: HNZ) announced in February that its subsidiary, Heartland Bank, would be acquiring the reverse mortgage businesses of Seniors Money International […]