Reverse Course: The Changing Public Policy Landscape of 2011 and the Year Ahead
by Emily Vannucci, reversereview.com
With more than 10,000 American Baby Boomers reaching retirement each day, it is more important than ever to preserve and develop alternative methods of financing retirement and the unexpected costs that materialize late in life.
For seniors trying to find the right balance of financial resources for their retirement years, having more options to consider is better than fewer, and the reverse mortgage industry is planning for that reality. The good news for those seniors is that the industry is battling to preserve as many financial tools as possible, including Home Equity Conversion Mortgages (HECMs).
There is no question that 2011 was a very busy year for the reverse mortgage industry. The political upheaval and social unrest of the 1960s led rock-n-roll legend Bob Dylan to croon, “The times, they are a-changin’.” For the reverse mortgage industry, 2011 felt a little like 1969 all over again.
For information about a Reverse Mortgage in Florida, contact Bob at iReverse Home Loans. He can help you with the knowledge you need to move forward toward a stress free retirement. Call 800-486-8786 ext 813.