Five Common Reverse Mortgage Questions – Answered
- May 20, 2020
- By: Greenpath Financial Wellness
- Category: GreenPath University, Housing, Reverse mortgage
The month of May marks Older American’s Month. It’s our nation’s celebration of the countless contributions that older adults make to our communities. We couldn’t let this month go by without a focus on financial health and wellness of seniors, especially those who are managing the impact of recent financial...
Counselors Prepare as More Borrowers Seek Private Reverse Mortgages
- September 12, 2019
- By: Greenpath Financial Wellness
- Category: Media Coverage, Reverse mortgage
Excerpt from Reverse Mortgage Daily Counseling for prospective reverse mortgage borrowers is not only required, but it’s also a critical component of understanding how a new reverse mortgage loan is created. In order to make sure that the borrower fully understands exactly what kind of a transaction they’re getting...
GreenPath CEO Kristen Holt: Tips for Avoiding Reverse Mortgage Foreclosure
- July 16, 2019
- By: Greenpath Financial Wellness
- Category: Housing, Reverse mortgage
Recent news coverage (“Detroit leads nation in reverse mortgage foreclosure rate”) has brought the escalating reverse mortgage foreclosure rate into the spotlight. A Free Press and USA Today analysis revealed that urban communities have been most impacted by the reverse mortgage foreclosure trend with Detroit leading...
Reverse Mortgages for Seniors
- June 13, 2016
- By: Greenpath Financial Wellness
- Category: GreenPath University, Reverse mortgage
A reverse mortgage is a loan against the equity in your home that you don’t pay back as long as you live there. Seniors at least 62 years old are eligible.
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