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So far Richard Neal has created 45 blog entries.

The FHA insured lending limit on Reverse Mortgages

REMINDER:  The FHA insured lending limit on Reverse Mortgages (or Home Equity Conversion Mortgages (HECM)) was increased January 1, 2020 to $765,600.00.* With increased real estate values, and the higher limit,

August 5th, 2020|

8 reasons to investigate what a Reverse Mortgage can do for you

There are lots of reasons to investigate what a Reverse Mortgage may be able to do for you. Also known as a Home Equity Conversion Mortgage (HECM), a Reverse Mortgage

July 9th, 2020|

Versatile reverse mortgages

Reverse Mortgages can be very versatile in how they can help senior homeowners.  Each and every homeowner has a unique situation and particular attention needs to be paid to what

June 25th, 2020|

Retirement plans in the COVID-19 age

When the unexpected happens, it can be a good time to look at ALL THE OPTIONS. COVID-19 has disrupted our lives, and even the best retirement plans.  If you recently

June 11th, 2020|

Financial planning options available to retirees

The volatile economic times due to COVID- 19 are affecting everyone.  It is a time to look at all financial planning options available to retirees.  Reverse Mortgages are one of

May 28th, 2020|

Senior housing wealth can pay for your retirement

In a recent article in Reverse Mortgage Daily about how senior housing wealth has now hit $7 trillion for the first time ever, Steve Irwin, Executive Vice President of  National

May 10th, 2019|

How to supplement retirement income

According to data reported in the article "What is a reverse mortgage and what does it mean to me?” by Brian O’Connell and posted on thestreet.com, a reverse mortgage has

April 26th, 2019|

What would you do if pension funding ran out?

Are you aware that pension funding is in jeopardy? According to a recent report on NPR, many state and local governments are having trouble fulfilling their promise to retired workers.

April 5th, 2019|

Good news for homeowners looking for reverse mortgage counseling!

Finding reverse mortgage counseling just got easier. HUD has recently announced grants to housing counseling organizations across the county. Reported in Reverse Mortgage Daily: "In total, the grants support 31 national

November 14th, 2018|

Reverse Mortgage Appraisals Now Reviewed By HUD

We were notified on Friday, September 29, 2018 that effective Monday October 1, 2018, reverse mortgage appraisals will be reviewed by HUD under the FHA’s collateral risk assessment. This applies to all

November 7th, 2018|