Category Archives: Reverse Mortgages
Media reporting on reverse mortgages has long been plagued with inaccuracies. Fortunately for prospective Birmingham reverse mortgage borrowers, Stewart Welch understands FHA’s Home Equity Conversion Mortgage (HECM) program. Currently, over 99% of all reverse mortgages are HECMs and in the … Continue reading
Reverse Mortgage segment featuring Jimbo King of McGowin-King. Here’s the link:
Channel 42 had done a special report on reverse mortgages. It was good to hear Christine Wade, an Alabama reverse mortgage borrower speak so highly of her reverse mortgage and what it has done to improve her life.
A study in USA Today revealed some surprising information. Contrary to what most would think, children are safer driving with a grandparent than they are with their mother or father. The study shows that grandparents are about half as likely … Continue reading
Inaccurate media reporting on reverse mortgages over the last 20 years has been a like a cloud hanging over the industry. Fortunately, as awareness and understanding of reverse mortgages grow, the national media has begun to get its facts straight.