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Cheaper Reverse Mortgages May Be Coming

“The upfront mortgage insurance premium has been a deterrent to some prospective borrowers, particularly those needing less than the full amount available under the traditional HECM Standard program,” said Peter Bell, NRMLA president. “This new variation, the HECM Saver, presents a sensitive response to their needs.”

Elder Mediation

Eldercare mediation is a growing field that will increase in prominence as the number of elders increases. As parents age, conflicts can erupt between parents and their children over living situations, driving, or the need for more help with daily activities. In addition, conflicts may spring up between siblings about their parents’ aging, such as when it is time for more in-home care, assisted living, or which sibling is responsible for what aspects of a parent’s care.

ALZHEIMER’S DISEASE: Significant Progress toward Prevention and Cure

Of all the issues of aging, none has been more emotionally or medically challenging than Alzheimer’s disease. And because we are living longer, the incidence of Alzheimer’s is on the rise. More than 1,000 cases are diagnosed each day in the U.S.