Bill Bischoff wrote stoday in SmartMoney that the tax benefits of a Reverse Mortgage for the heirs of the borrower may be much greater than the costs of the loan. His summary of what a Reverse Mortgage is and how it works is very well-written and he wrote that a Reverse Mortgage can possibly cau
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05/27/2010
It's no secret that fixed-rate Reverse Mortgages have been getting a much better execution in the secondary market. This means that the lenders are getting much more money when they sell the loans after they close. Most lenders have been passing this on to the originators like me. Some have been
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05/07/2010
If all of the professionals that help Baby Boomers, Active Retirees and Seniors understood how Reverse Mortgages work, the world would be a much better place. I hear pretty much the same story from every elder law attorney, financial planner, long term care insurance agent, daily money manager an
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05/05/2010