Understand the important issues involved in reverse mortgage lending.
With the aging of Americans but a shortage of retirement savings, many seniors have a great deal of their net worth tied up in their homes. While a senior could sell their home and move to access the equity in their home, most seniors wish to 'age in place.' A reverse mortgage is not for everyone, but such a loan can be a powerful tool not only for these types of seniors but also for seniors that want to use their home equity more flexibly as part of a larger retirement plan. This program will provide an overview of reverse mortgages, the laws that apply to such loans, and practical approaches and common obstacles to their use.
Agenda
Faculty
James Milano
Weiner Brodsky Kider PC
- Member, Weiner Brodsky Kider PC
- Consumer finance and consumer loan programs and compliance
- Frequent speaker and author on consumer finance topics
- Member of D.C., Virginia, Maryland, Georgia, and Louisiana State Bar Associations
- J.D degree, Louisiana State University; LL.M. degree, Emory University; B.A. degree, Louisiana State University
- Can be contacted at [email protected] or 571-214-5255
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