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How Grandchildren Can Impact a Reverse Mortgage HW+

Jul 26, 2007By

Inman News had an interesting article that mentioned some of the financial obstacles that are preventing seniors (subscription required) from acquiring reverse mortgages.  According to Ralph Rosynek, President of 1st Reverse Financial Services, it’s delinquent student loans.  Rosynek said, “the elderly often co-sign for student loans on behalf of their grandchildren”.  Not only student loans Ralph… car loans […]