Can Retirees Cope Without Reverse Mortgages?

There’s recent news of larger banks now leaving the reverse mortgage business because of an unsuitable business environment that still affects the real estate market in general. Property values have not yet picked up from where they fell off from considerably during the recent economic crisis. Mortgage players like Bank of America, considered as the second biggest provider of reverse mortgage in the country,

Posted by Ardent Editor on Jun 23 2011 in Retirement Life Tags: , , , ,


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