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Guide for Borrowers Impacted by Natural Disasters
The Consumer Financial Protection Bureau has created a special resource guide that helps explain your obligations as a reverse mortgage borrower while recovering from a natural disaster. Download more… Guide for Borrowers Impacted by Natural Disasters
Baby Boomer Women Deciding the Fate of Trillions of Dollars
by Darryl Hicks | January 18, 2025
A record number of Americans turn 65 this year, and more women are set to outlive their husbands as female lifespans lengthen relative to men’s. As a result, more… Baby Boomer Women Deciding the Fate of Trillions of Dollars
A Proposal to Fix Social Security
by Darryl Hicks | January 29, 2025
Alicia Munnell, former director at the Center for Retirement Research at Boston College and one of America’s top thought leaders on retirement policy, published a proposal for extending more… A Proposal to Fix Social Security
Senior Home Equity Moves Off Its High
by Darryl Hicks | January 8, 2025
Homeowners 62 and older saw their housing wealth decrease by less than one percent in the third quarter to $14.01 trillion, according to the latest quarterly release of more… Senior Home Equity Moves Off Its High
Couple Uses Reverse Mortgage to Purchase Dream Retirement Home
Michael and Tania Berrigan, aged 67 and 63, respectively, recently moved from Arizona to South Carolina’s “Lowcountry” to complete their professional careers and to position themselves for retirement more… Couple Uses Reverse Mortgage to Purchase Dream Retirement Home
25 Social Security Facts For 2025
by Darryl Hicks | January 10, 2025
Thomas Hager, who calls himself Mister Social Security, says the program is more confusing than ever. Hager published an article for Forbes.com that lists 25 facts to help more… 25 Social Security Facts For 2025
Advice for Children of Seniors
Should Mom Or Dad Get a Reverse Mortgage? You are referred to as the “Sandwich Generation.” You’ve got kids in, or heading for, college and at least one more… Advice for Children of Seniors
Reverse Mortgages: Fact vs. Fiction
This NRMLA graphic debunks 5 common misconceptions about reverse mortgages.
Do You Want to Work or Play in Retirement?
by Darryl Hicks | December 11, 2024
While there’s a plethora of information available on saving for retirement, much less is known on how we should spend those years. An article published by Business Insider suggests spending your twilight years more… Do You Want to Work or Play in Retirement?