Major upcoming changes to the reverse mortgage program may have dominated industry headlines over the past week, but financial planners have continued to respond to another Home Equity Conversion Mortgage story: a Consumer Financial Protection Bureau report that warns against using the products to delay Social Security payments.
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Financial Planner Takes Aim at Reverse Mortgages, Industry Expert Responds. However, reverse mortgage expert John Lunde, president of.
Financial Planner Takes Aim at Reverse Mortgages, Industry Expert Responds – Reverse Mortgage Daily Reverse Mortgages Are Becoming a Financial Planning Tool. – Since then, other financial planning researchers have confirmed these positive findings. reverse mortgage lines of credit are slowly becoming a working tool for financial planning. One thing that contributes to the use of reverse mortgages is that the money borrowed is tax-free, since it is your home equity.
He realizes that there are a few popular misconceptions and in some cases, confusion about Reverse Mortgages. According to Rick May, "There is a need to help a growing number of consumers in Northern California, who are considering whether a reverse mortgage is a good fit for their retirement needs.
But some experts say that for certain homeowners, with the new regulations in place, it may make sense to consider a reverse mortgage.. Some academics and financial planners say that reverse.
ReverseVision, a reverse mortgage technology and training provider, has teamed up. ReverseVision, San Diego, announced a partnership with Total Expert, and reverse lending division that will expand the number of financial planning. is taking aim at the way originators and borrowers view reverse mortgages in the.
Financial Planner Takes Aim at Reverse Mortgages, Industry Expert Responds – Reverse Mortgage Daily Sweep of Bethune-Cookman keeps Hurricanes on path to postseason berth Hurricane Katrina was one of the five deadliest hurricanes in the United States, causing destruction along the Gulf Coast from Central Florida to Texas and most notably in.
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