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The Media Continues to Get it Wrong on Reverse Mortgages | Mandelman Matters

``One thing is certain... when it's done right and for the right reasons, a HECM can accomplish things that couldn't be accomplished any other way.  And that's not just good news... it's great.''
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To Avoid Outliving Your Money, Take a HECM Reverse Mortgage Before Interest Rates Rise

Business & Finance : Huffington Post: Business Blog

Many seniors in retirement are concerned that they may outlive their financial assets. If they have equity in their homes, however, they can reduce or eliminate this worry. They can use the HECM reverse mortgage program to generate ...

Do HECM Reverse Mortgages Work For Owners of Expensive Homes?

Business & Finance : Huffington Post: Business Blog

As a Federally insured program under FHA, the HECM reverse mortgage program is not designed to help the wealthy. In calculating maximum draw amounts, the highest property value it will recognize is $625,500. If your house is worth $...

Are HECM Reverse Mortgages Overpriced?

Business & Finance : Huffington Post: Business Blog

HECM reverse mortgages are reputed to carry high upfront fees, which raises two questions addressed here. First, are seniors getting real value in exchange for the high fees? The answer in most cases is "no". Second, can a senior wh...

How to Unleash the HECM Reverse Mortgage Market - Part 2

Business & Finance : Huffington Post: Business Blog

Last week's article indicated that the HECM market is not a shoppers market because the product is not well-defined, the prices charged are obscure, and HECM borrowers have no reason to be confident that the product selected will be...

How to Select the Best Type of HECM Reverse Mortgage

Business & Finance : Huffington Post: Business Blog

The HECM reverse mortgage is a beautifully designed financial instrument that can meet a wide variety of senior needs. Unfortunately, HECMs offer so many options that selecting the best option can be a challenge. The challenge has t...

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