With the Baby Boomer generation now entering their 60's, the number
of reverse mortgage loans is expected to increase dramatically. Because
of that, it is more important than ever those senior citizens can trust
the integrity of their lenders. The Reverse Mortgage Association has
the job of verifying the quality and professionalism of reverse mortgage
lenders and assuring that they will be an asset to the communities in
which they do business.
The Reverse Mortgage Association holds a series of annual conferences
for its member lenders, so that they can remain educated in the latest
reverse mortgage issues, products, and borrower concerns.
For seniors who have been caught in the trap of dwindling IRA values,
disappearing pensions, and rising health insurance costs, the idea of
trying to survive in retirement on Social Security and little else may
be devastating. A reverse home mortgage, from a lender who honors the
Code of Conduct established by the Reverse Home Mortgage Association,
could give them the secure retirement for which they are longing.
You can also find more information at Reverse
Mortgage Calculator and Reverse
Mortgage Companies. i-reversemortgages.com is a comprehensive resource
to get information about Reverse Mortgage.