Recent ArticlesThe Reverse Mortgage Mining Magazine features articles and write-ups made by industry analysts and mortgage industry insiders, and the wealth of knowledge and information shared by the analysts makes for great professional reading. As you may know already, it is important to keep abreast of latest trends and developments in our reverse mortgage industry. Many people in the reverse mortgage industry are finding themselves facing a phenomenon of 'information overload' with regard to the trends in the reverse mortgage industry. Also it is difficult to find the 'needle in the haystack' or deluge of huge data and market information. Our magazine publication is aimed at easing this problem, by providing the facts and figures for you to digest to stay abreast of the trends in the reverse mortgage industry.
Here are some examples of recent articles published in the magazine along with their summary.
How to pay for long term care by taking a reverse mortgage
Covers how senior home-owning American citizens can get cash through a reverse mortgage to pay for the expenses of long term care. It covers the study made by the NCOA (National Council on Aging).
The three types of reverse mortgages
This article talks about the three types of reverse mortgages available in general financial practice from reverse mortgage lenders. The three types in question are Single-Purpose reverse mortgages, HECM (Home Equity Conversion Mortgages), Proprietary Reverse Mortgages.
To reverse mortgage or not to reverse mortgage?
The article aims to answer the question that senior home owners most often have in their minds. It does this by analyzing the pros and cons of taking a reverse mortgage from the point of view of the home owner, and details the counseling requirements that every senior need to attend before taking a reverse mortgage. The final decision is left to the senior home owner but the article provides the general pointers that need to be given a thought about.