Counselors Prepare as More Borrowers Seek Private Reverse Mortgages

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...

3 Money Saving Back-to-School Shopping Tips

  • August 19, 2019
  • By: Greenpath Financial Wellness
  • Category: Budgeting, Family

The National Retail Federation (NRF) is expecting this year’s back-to-school shopping season to be the most expensive ever. According to their survey, on average, families with children in grades K-12, plan to spend nearly $700 and those with college students plan to spend nearly $1,000, both the highest ever recorded...

GreenPath CEO Kristen Holt: Tips for Avoiding Reverse Mortgage Foreclosure

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...

It’s Never too Early to Make a Financial Plan for Your Future

How Can Personal Finance and Economics Make a Difference in Your Life? Personal finance is important because it helps people understand how to manage their money. It provides us with a foundation for financial health and allows us to save more and spend less. Personal finance can also help us avoid accumulating debt...

Money Management: A Family Affair

A family budget can help you manage money together as a family or a couple. It is a valuable tool for open and honest communication about money, and for teaching children important financial skills. Budgeting together enables all members of the family to participate and support each other in financial goals and decisions....

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