Reverse Your Mortgage

Why buy long term care insurance?

to Help Seniors and Others Convert to HDTV Department Of Commerce Offers up to $80

On February 17, 2009, all full-powered television stations will begin broadcasting only in
digital, as required by law. To assist U.S. households with this historic transition, the
National Telecommunication and Information Administration, part of the U.S.
Department of Commerce, created the TV Converter Box Coupon Program to help
Americans continue receiving over-the-air television after February 17, 2009.

Long Term Care -- An Impending Crisis for the Elderly

If we were to ask an older person what his or her most important concerns or wishes for the future are, we would probably get a variety of different answers. But according to surveys frequently conducted among the elderly, the most likely answers we would receive would include the following three principal concerns or wishes.

Remaining independent in the home without intervention from others.
Maintaining good health and receiving adequate health care.
Having enough money for everyday needs and not outliving assets and income

Long Term Care -- An Impending Crisis for the Elderly

If we were to ask an older person what his or her most important concerns or wishes for the future are, we would probably get a variety of different answers. But according to surveys frequently conducted among the elderly, the most likely answers we would receive would include the following three principal concerns or wishes.

Strategies to Reduce Caregiver Stress

THE EFFECTS OF CHRONIC STRESS

REVERSE MORTGAGE PRODUCT & INDUSTRY UPDATES

The FHA Modernization Act of 2007
Reverse Mortgage Product Features and Updates - You only have to be 60 years old for this reverse mortgage.

Caregiving Stress -- Hazardous to Your Health and Sometimes Deadly

UNDERSTANDING CAREGIVER STRESS

A 2003 study of caregivers by a research team at Ohio State University has proven the off-repeated adage "stress can kill you" is true. The focus of the investigation was the effect the stress of caregiving had on caregivers. The team, led by Dr. Janice Kiecolt-Glaser, reports on a 6-year study of elderly people caring for spouses with Alzheimer's Disease. The study not only found a significant deterioration in the health of caregivers when compared to a similar group of non-caregivers but also found the caregivers had a 63% higher death rate than the control group.

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

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

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.

Changes in HUD Counseling

Revised 6-1-07 Latest Update from Direct Connect
Direct Connect is a service commonly used by reverse mortgage advisors to order third party counseling reverse mortgage counseling for their borrowers. One of the questions I posed to the head of the HUD counseling department in Santa Ana, CA is how are HUD counselors going to keep up with this rapidly changing industry. To their credit, each counseling session is performed with product specific information and the numbers that are discussed are specific to the loan estimates of the borrower. See below for further information.