(Read ebook) Reverse Mortgages and Linked Securities: The Complete Guide to Risk, Pricing, and Regulation (Wiley Finance)
▲ Vishaal B. Bhuyan ▲
#2672257 in eBooks 2010-10-26 2010-10-26File Name: B0049P1YZC
8 of 9 people found the following review helpful. WaryBy James E. VealeWhile quite impressed by the list of contributors and the publisher, it was startling to read at the end of the first paragraph of the first chapter to the book a common myth as if fact. It states: "It is up to the reverse mortgage lender to sell the home at the time of the borrower's death, as the lender is the rightful owner of the residence at that time."Reverse mortgage lenders are lenders, not equity owners. The concFrom the Inside FlapOver the past few years, seniors and Baby Boomers alike have lost tremendous value in their retirement plans and homes. In a post-credit crisis, pre-retirement era, however, boomers may not have enough time or sufficient capital to earn back the losses they have incurred in theiAn institutional investor's guide to the burgeoning field of reverse mortgage securitization Reverse Mortgages and Linked Securities is a contributed title comprising many of the leading minds in the Home Equity Conversion Mortgages (HECM) industry, including reverse mortgage lenders, institutional investors, underwriters, attorneys, and regulators. This book begins with a brief history of reverse mortgages, and quickly moves on to discuss how the industry has evolved-detailing the players in t... [PDF.mr42] Reverse Mortgages and Linked Securities: The Complete Guide to Risk, Pricing, and Regulation (Wiley Finance) Rating: 4.66 (651 Votes)
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