Reverse mortgages have become a hot topic in many circles, however, much of the information bandied about is incorrect. I am struck by the increasing number of property owners, from both sides of the border, who have best-friend and worst-enemy stories to tell me about their reverse mortgage adventure...More and more consumers and professionals talk about reverse mortgages and home equity conversion with consumers increasingly intent on understanding the value and pitfalls of these financial, lifestyle and wealth management tools before they are needed. Reverse Mortgages & Home Equity Management, In Context is available as a 3-hour/3-credit continuing education program, as a featured presentation...<< MORE >>

We want every house, condo and semi owner to have access to reverse mortgages, but not everyone will need or want one. These tough economic times have too many property owners digging into their savings to prop up investment income short falls and job loss...HOMEQ Corporation announced earlier this month that its subsidiary, HomEquity Bank, reported record originations of reverse mortgages of $43 million in the fourth quarter of 2009--an increase of 77% over the same period last year and an increase of 11% over the previous record set in the second quarter of 2008.<< MORE >>

For the property owner who has everything and wants to keep it...Reverse Mortgages: Best Friend, Worst Enemy...Your Choice! Available in ebook and print formats from www.CatapultPublishing.com. Special offer for Canadians.<< MORE >>

CHIP interest rates lowered...HomEquity Bank (Banque HomEquity), Canada’s newest chartered bank, has announced the reduction of its variable rate on CHIP Home Income Plans to 3.75%... HomEquity Bank is a Schedule I Canadian Bank and a wholly-owned subsidiary of HOMEQ Corporation, www.homeq.ca... Reverse mortgage rates have traditionally been higher than forward mortgage rates and this has been a real or psychological barrier for many borrowers. Rates matter, but administrative fees, appraisal costs and ongoing charges can erase any advantage offered by lower rates. The cost of borrowing must go well beyond quoted rates. For more on reverse mortgage costs...<< MORE >>

When selling financial products generates rewards for professional salespeople, whatever their credentials, can consumers with less knowledge than these sellers make informed buying decisions? ... The effects of predatory mortgage lending are devastating and far from over in the US. Canadians may have dodged a financial bullet, but have property owners learned important financial lessons? "Those who ignore history are doomed to repeat it" has proven true in economies and for individuals...The New US National Consumer Law Centre (NCLC - www.consumerlaw.org ) will release “a comprehensive new report on the growing dangers posed by aggressive reverse mortgage lenders...If consumers don’t learn to be proactive and learn all about the risks and workings of financial products like reverse mortgages BEFORE they need the money and must sign on the dotted, who will stop history repeating itself? << MORE >>

Do you know what you don’t know? "Reverse Mortgages & Home Equity Management—In Context" Attend Tuesday September 22 and you’ll learn how professionals can protect themselves when asked “What about a reverse mortgage?” This equity-conversion alternative to selling is now a viable option for property owners... Understanding reverse mortgages involves a different perspective on equity and ownership. Did you know that this fresh viewpoint can also become a powerful marketing and relationship building tool? For where and when...<< MORE >>

Edmonton-based financial professional Kelley Keehn and I talked reverse mortgages...catch her blog for details...“Reverse mortgages - advantages and disadvantages.” Did you catch Kelley Keehn's CBC radio broadcast?<< MORE >>

On the move to promote a dramatic shift from the stereotypes...<< MORE >>

It is not our bodies that limit us, but bad design that undermines us. Does your sweet summer haven contain traps or barriers that could limit your enjoyment of the place? It’s true of many homes, so why not the summer cottage?<< MORE >>

MREB hosts 3CEU course "Reverse Mortgages & Home Equity Management, In Context" on September 22/09. Canada’s reverse mortgage market is projected to expand into the $billions over the coming decades. Which role will you play in this essential home equity management dynamic?...<< MORE >>