Category Archives: Reverse Mortgage

–CNBC The lack of income-generating investments these days may force aging Baby Boomers to either put off retirement or adopt riskier strategies to generate higher yields. Traditional financial planning calls for older workers to move their money into so-called safer … Continue reading →

–The Herald Where about 98 percent of all reverse mortgages are done through reverse mortgage specialty companies and are insured by the Federal Housing Administration (FHA), a few are done by mortgage companies without the FHA guarantee. These are primarily … Continue reading →

–Nems360 No need to panic, financial advisers are saying in the wake of Wells Fargo and Bank of America leaving the reverse mortgage business. Homeowners who have reverse mortgages with those banks have no reason to worry, as the banks … Continue reading →

–Zillow Blog It is no secret that America’s population isn’t getting any younger. In fact, according to a recent Harvard study, the number of people who will be considered “seniors” will increase 35% within the next ten years. Will these … Continue reading →

–The New York Times The nation’s two biggest providers of reverse mortgages are no longer offering the loans, as the economics of the business have come under pressure. Wells Fargo, the largest provider, said on Thursday that it was leaving … Continue reading →

–The Herald Review On any regular purchase or refinance mortgage, the main reason people get foreclosed on is they get too far behind in their monthly payments. With a reverse mortgage there are no monthly payments. Therefore any possible foreclosure … Continue reading →

–Reverse Mortgage Daily   A common frustration exists among reverse mortgage professionals when it comes to equipping potential borrowers with good, accurate information about their products. It isn’t that borrowers aren’t open to learning about the loans, but they sometimes … Continue reading →

CHICAGO – Through a combination of procrastination and bad timing, many baby boomers are facing a personal finance disaster just as they’re hoping to retire. Starting in January, more than 10,000 baby boomers a day will turn 65, a pattern … Continue reading →

  Generation Mortgage Company announced it’s now ranked among the top five retail reverse mortgage lenders for the first time according to data from Reverse Market Insight. Named as the only privately owned company among the top-volume lenders, the company … Continue reading →

Are you looking to bring added value to your clients, increase your referrals and earn extra income ? If so, contact Nationwide Home Guard at info@nationwidehomeguard.com to learn how we can help. Nationwide Home Guard is a home warranty company … Continue reading →