E928: 20% of HECM Counselees Face Monthly Budget Shortfalls

from Reverse Mortgage News by HECMWorld · host HECMWorld

[Yahoo Finance] The HUD-approved HECM counseling agency Greenpath Financial Wellness reveals the shocking truth 20% of counselees are facing. [Housing Wire] Industry expert Dan Hultquist explains how most home equity advice is not appropriate for older homeowners. [The Daily Mail] Thanks to new assessment fees, many older Florida condo owners are forced to sell their condos for pennies on the dollar. Watch our video podcast here!

What this episode covers

Recent data reveals 1-in-5 HECM counselees are running a budget deficit. Dan Hultquist reveals why most mortgage advice isn’t age-appropriate for retirees. And, Florida seniors now face trying to sell nearly worthless condos-here’s why.

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E928: 20% of HECM Counselees Face Monthly Budget Shortfalls

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This episode is 11 minutes long.

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This episode was published on April 27, 2026.

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