reverse mortgage
14 views | +0 today
Follow
Your new post is loading...
Your new post is loading...
Scooped by Tom Mast
Scoop.it!

HUD to Roll Out New Reverse Mortgage Product

HUD to Roll Out New Reverse Mortgage Product

Tom Mast's insight:
HUD Rescinds HECM Letter  

The Department of Housing and Urban Development has rescinded a controversial mortgagee letter for its Home Equity Conversion Mortgage program addressing some consumer and industry concerns, but a consumer watchdog group involved in a case contesting the letter said it is still keeping an eye o

more...
No comment yet.
Scooped by Tom Mast
Scoop.it!

Could Even Suze Orman's Social Security Advice Be Wrong? - PBS NewsHour

Could Even Suze Orman's Social Security Advice Be Wrong? - PBS NewsHour | reverse mortgage | Scoop.it
PBS NewsHour
Could Even Suze Orman's Social Security Advice Be Wrong?
more...
No comment yet.
Scooped by Tom Mast
Scoop.it!

Reverse mortgages likely to get stingier, more complex - Denver Post

Reverse mortgages likely to get stingier, more complex - Denver Post | reverse mortgage | Scoop.it
Reverse mortgages likely to get stingier, more complex
Denver Post
WASHINGTON — Three years ago, with his former partner suffering from cancer, Jim Dorsey decided to borrow against the equity on his Vashon Island, Wash., home with a reverse mortgage.
more...
No comment yet.
Scooped by Tom Mast
Scoop.it!

Retirement: Ensuring a life-long income stream

Retirement: Ensuring a life-long income stream | reverse mortgage | Scoop.it
When you consider that you could be spending 20 years or more in retirement, chances are high that you will encounter several ups and downs in the market, and so it’s important to weigh your risk exposure relative to your need for secure income (Retirement:...
more...
No comment yet.
Scooped by Tom Mast
Scoop.it!

Medicare Does Not Pay for Long-Term Care

Medicare Does Not Pay for Long-Term Care | reverse mortgage | Scoop.it
Public Policy InstituteMany consumers and policymakers mistakenly believe that Medicare—the federal health insurance program for people age 65 and older and some younger people with disabilities—p...
more...
No comment yet.