Reverse Mortgages and Long-Term Care – A Place for Mom

  • November 25, 2020
  • By: Greenpath Financial Wellness
  • Category: News

The website A Place for Mom asked GreenPath to share details about taking on a reverse mortgage.  What are the pros and cons? Read the Full Article > While proceeds from selling your home is a common way people pay for long-term care facilities, a reverse mortgage may be helpful in circumstances where one or both...

Reverse Mortgage Counselors: People More Informed, Resources Strained During Pandemic – Reverse Mortgage Daily

Excerpt from Reverse Daily Mortgage showcases the impact the ongoing pandemic has made on those seeking information on reverse mortgages. Based on observations from reverse mortgage counselors, those seeking information are better-prepared for their counseling sessions regarding their understanding of the reverse mortgage...

Counselors See Rising HECM Interest Through COVID-19 Crisis – Reverse Mortgage Daily

Excerpt from Reverse Daily Mortgage monitors interest in Home Equity Conversion Mortgages. As the COVID-19 coronavirus pandemic continues, it's noteworthy to monitor the interest in Home Equity Conversion Mortgage (HECM) options. Reverse mortgage counseling sessions have increased as more seniors seek out ways to soften...

HUD Awards $40M in Housing Counseling Grants – Reverse Mortgage Daily

  • June 17, 2020
  • By: Greenpath Financial Wellness
  • Category: Blog, Housing, News

Excerpt from Reverse Mortgage Daily details HUD housing counseling grant awarded to GreenPath Financial Wellness The Department of Housing and Urban Development (HUD) awarded nearly $40 million in counseling grants to agencies across the country, including GreenPath Financial Wellness, According to the HUD announcement,...

Counselors Prepare as More Borrowers Seek Private Reverse Mortgages

  • September 12, 2019
  • By: Greenpath Financial Wellness
  • Category: Blog, Housing, News

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...

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