News from American Advisors Group

Join NRMLA and Next Avenue on a Live Q&A on Reverse Mortgages

Posted - April 20, 2017

The National Reverse Mortgage Lenders Association and Next Avenue, public media’s first and only national journalism service for America’s booming older population, are partnering together to answer consumer questions about reverse mortgage loans. During a live web interview on April 25, 2017, Next Avenue Managing Editor Richard Eisenberg will pose reader questions to NRMLA leaders and…

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AAG Celebrates Reverse Mortgage Education Week, April 24 to 28

Posted - April 20, 2017

Between April 24 to 28, American Advisors Group (AAG) will join NRMLA to celebrate Reverse Mortgage Education Week and bring education to mortgage industry professionals and consumers about this innovative retirement planning tool. Over the course of Reverse Mortgage Education Week, NRMLA will be hosting a series of online webinars for professionals who work with…

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FOX 29: GoFundMe account helps pay disabled woman’s taxes, save her home with a reverse mortgage loan

Posted - April 10, 2017

A heartwarming segment featuring AAG Borrower, Alice Smith of Haddonfield, New Jersey tells the story of how a reverse mortgage loan helped one senior avoid foreclosure and age in place with peace of mind. AAG loan officer, Lorraine Faas, helped Smith obtain the reverse mortgage loan to help continue to pay property taxes. Prior to…

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Steve Vernon of CBS MoneyWatch touts reverse mortgage loans

Posted - April 10, 2017

Retirement planning expert, Steve Vernon of the Stanford Center on Longevity, wrote a positive article for CBS MoneyWatch citing recent research from the Center for Retirement Research at Boston College which touts reverse mortgage loans as a sound retirement planning tool. The article dispels many of the misconceptions about reverse mortgage loans including fees, legacies…

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CBS MoneyWatch: A smart way for seniors to tap home equity

Posted - March 30, 2017

Well-known financial writer, Kathy Kristoff (CBS MoneyWatch, Kiplinger’s Personal Finance, and author of Investing 101) published an article recently about the smart ways older Americans can use a reverse mortgage in retirement. For this article, Kathy interviewed Executive Vice President of Retail Sales, Paul Fiore, to discuss various retirement planning strategies associated with the reverse…

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United Real Estate Welcomes American Advisors Group as an Approved Reverse Mortgage Lender

Posted - February 22, 2017

Orange, Calif. (February 21, 2017) – American Advisors Group (AAG) today announced its designation as an approved reverse mortgage lender for United Real Estate, an innovative and fast-growing real estate and franchise company. AAG will attend United’s annual convention next month in Austin, Texas. As an approved lender, AAG will educate United agents on reverse…

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Retirement Savings Strategies

Posted - February 22, 2017

With such a wide variety of options, saving for retirement can be a bit intimidating. Many young and even middle-aged people do not know where to begin in planning their saving strategies. Which plan is right for you and your lifestyle? There is no set in stone answer in regards to one plan being the…

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Understanding The Closing Costs and Fees of a Reverse Mortgage Loan

Posted - December 1, 2016

A reverse mortgage loan can be an excellent financial resource for retirees. As with any type of financial tool, it is important to have a clear understanding of all of the costs associated, including closing costs and lending fees (finance charges) and applicable interest rates, before proceeding forward. In order to help you understand the…

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The State of Unclaimed Pensions in the U.S.

Posted - November 28, 2016

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A large number of pensions go unclaimed each year simply because people do not realize they are owed one. Below you’ll find a series of maps depicting the state of unclaimed pensions in the United States If you’re not familiar with the term, a pension is a retirement arrangement between an employer and employee in…

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Reverse Mortgage Loan Example Retirement Strategies

Posted - November 23, 2016

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There are three main ways a reverse mortgage loan can be used to help provide additional retirement security.   1. Delay Social Security benefits and let investments grow Using this approach, a reverse mortgage loan is established at the outset of retirement and drawn upon every year to provide retirement income until exhausted, allowing the…

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