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November 2007

November 17, 2007

NEW FHA LIBOR 65 HECM (Home Equity Conversion Mortgage) REVERSE MORTGAGE RELEASED

• FHA reverse mortgage
• Index: One month LIBOR Index
• Interest-rate-margin: .65%

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The Problem with Government Long Term Care

Public Misconception Provides a False Sense of Security
Surveys by organizations that support long term care planning, such as the AARP, consistently reveal that a majority of the American public thinks the government will provide long term care services when the time comes for needing those services.

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