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The Latest News on Singorama

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    The good news is that the industry is finally starting to get the recognition it deserves. While these loans are not meant to take the place of traditional retirement planning, many esteemed organizations, including the National Council on Aging, now work to educate seniors on these loans.

    As many adults are acutely aware, the recent downturn in the economy has impacted retirees' assets and made it harder to save for retirement. An article released by Investment News, an online news source for financial planners, KickAss Torrents  reported that "reverse mortgages should be considered as a very valuable retirement tool by financial advisers of all types." While there will always be critics, many blog owners are noticing this well-deserved change in attitude.

    Reverse Mortgage Blog Owners Discuss Possible New Loan Products

    Many blogs are also reporting that new loan products might be released in upcoming months. Currently, FHA has extended their $625,500 maximum claim limit on HECMs through 2012. Still, as home values continue to rise, the demand for jumbo propriety loans might also increase. This has  owners predicting that a new jumbo product will be released within the year.

    However, people interested in a propriety loan should be aware of a few different things. First, these loans will not be insured by the federal government. Since these loans are not insured, it is likely that borrowers will be required to have a great deal of equity in their home to qualify. Still, if and when this product is released, it will be interesting to see how these loans differ from HECMs.

    Another interesting piece of information predicted in several reverse mortgage blogs is that one major lender has proposed the idea of using the HECM Saver as a tool to be used by seniors who are not yet eligible for Social Security. While waiting for Social Security benefits, seniors would draw income from a line of credit made available through the HECM Saver. In theory, this would give seniors a low-cost way to turn their home equity into a source of income; thus allowing seniors to wait to claim benefits until they reach full retirement age, which would increase their benefits in the future. Regardless of whether this idea becomes a reality, the constant plans for new products prove that the industry is one driven by innovation and continued development.

    If you have not heard about Energy4Green, it is the eBook that teaches you how to build your own power systems like power solar and windmills. This product has successfully earned its fame in what it does by helping so many consumers to save cost in utility bills. However, discussing about the benefits of this product is not the purpose of this article being written. In fact, you are going to discover the latest news and happenings that are going on around Energy4Green. By the time you finish reading this, you are able to catch up with what is going on with this team.

    Firstly, this technology of renewing energy appeared on TV countless of times. Many news and TV programs are concerned about our world's environment and this is one of the reasons why this technology of saving electrity is being introduced. You will start to see reporters start to talk about solar systems and windmills from many documentary channels. While most of these TV programs are there to intend to sell you thei high end solar systems or windmills, you can now build your power systems and generate your own electricity without the need of paying thousands or millions to run a power plant. In addition, you are also able to save up to 25% in your electricity bill because now you consume lesser power supplied by the power company. 

      August 29, 2022 11:45 AM PDT
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