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October 1st, 2007

You are currently browsing the articles from Reverse Mortgage and Loan News written on October 1st, 2007.

Aarp Reverse Mortgage Counseling - What you Can Expect

AARP

Written by EditorsChoice
Saturday, 29 September 2007

Reverse mortgages have really started to become popular among senior homeowners today. They are helping to supplement the incomes of retirees all over and the trend is only going to continue to grow in the coming years.

To help protect people in applying for a reverse mortgage, the government requires every applicant to take a credit counseling class before any loan can be processed. One of the best ways to get this required counseling is through AARP. Here’s a look at what you can expect with AARP reverse mortgage counseling.

With nearly 80% of all seniors being a member of AARP, there is little wonder why AARP reverse mortgage counseling is by far and away the most popular. (more…)

Written by charles dennis on October 1st, 2007 with no comments.
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Australian reverse mortgage market, ready to grow

The Australian reverse mortgage market has yet to fulfill its potential.
The potential market size for reverse mortgages in Australia is enormous, but recent data shows that industry growth has stagnated in 2007. At present, the market is thought to be worth A$1.8 billion. However, with life expectancy ever increasing and a rising number of financially unprepared pensioners, the market is expected to boom in the future. Read the rest.

Written by charles dennis on October 1st, 2007 with no comments.
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