Archive for August, 2008
Monthly Archive
Wednesday, August 13th, 2008
Reverse Mortgages
Many retirees and seniors find themselves “asset rich and cash poor”. They have a great deal of equity built up in their homes or even own them outright, but are receiving a very small amount of monthly income from pensions or government plans. The concept of the reverse mortgage was created to resolve this discrepancy.
A [...]