Reverse mortgage line of credit remains underused — but advisers may be receptive
Ryan Ponsford, a veteran financial adviser with more than 25 years of experience in wealth management, real estate and lending, is unequivocal: “The reverse mortgage line of credit is one of the most misunderstood, underutilized tools in retirement planning today.” “The scary part — put five rever
Estimates for insured losses from Winter Storm Fern top $4 billion
Data and analytics firm Verisk said that insured losses to property and automobiles from Winter Storm Fern could reach $4 billion, according to an initial analysis released by the company on Tuesday. Another estimate from Karen Clark & Co. (KCC) is even higher. KCC reported that privately insured lo
Illinois bill targets private real estate listings with new disclosure rules
Lawmakers in Illinois are reestablishing their position in the real estate industry’s private listings debate. On Wednesday, State Representative Lillian Jiménez introduced a bill into the state’s House of Representatives seeking to amend the state’s Real Estate License Act of 2000. Rep. Jiménez sp
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