Detail Net principal limit (npl) from reverse mortgages in the state of new york: a comparative analysis   Oleh:  Bansal, Vipul K. ; Ellis, M.E. Jenis: Article from Proceeding Dalam koleksi: American Society of Business and Behavioral Sciences (ASBBS) Proceedings: Feb 2014; Vol. 21 (1), page 1-9. Fulltext: 05 - ASBBS 2014 - p60.pdf (165.14KB) Isi artikel Reverse mortgages are increasing in popularity, but they remain complicated and confusing instruments. One of the concerns is whether reverse mortgages is accomplishing its objective of enabling seniors to tap into the equity of their homes and still stay in the home. We use loan level data from Department of Housing and Urban Development (HUD) and estimate closing and third-party costs. We are able to estimate the actual funds available from these mortgages originated in New York in 2001 versus 2011. We found that while the dollar amount of funds available has increased the proportion of the funds available to the appraisal value of the home remains relatively low. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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