HUD Secretary calls reverse mortgages “bright spot in housing market”
In yesterday’s LA Times, we find one of the first true green light articles for reverse mortgages from a major newspaper. But of note, were the words of Housing and Urban Development Secretary Alphonso Jackson described reverse mortgages as “the bright spot in today’s housing market,” adding that “their significance will only increase as more baby boomers reach retirement.” Wow I did not know the government was in the business of well (more…)
Written by charles dennis on June 26th, 2007 with no comments.
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