Archive | Finance

Senior housing finance:  You’re a winner

By Alain Valles, CRMP, MBA, CSA, Managing Director Helping Hands Community Partners, Inc. “The winner is…” – YOU! I enjoyed watching the Academy Awards last month to see the surprised and happy faces of the film artists in the lesser known categories like best production design, costume design, or sound mixing – all the people behind […]

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A new local resource for senior homeowners

By Alain Valles, CRMP, MBA, CSA, Managing Director, Helping Hands Community Partners, Inc. “If you give it out in slices it comes back in loaves.” As a for-profit owner of a mortgage company, I’ve had the good fortune of arranging thousands of home purchases, refinancings, and reverse mortgages over the past 30 years.  At all […]

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Reverse Mortgages – Good or Bad?

Reverse mortgages have been around since 1987 and have helped hundreds of thousands of older homeowners to live in their homes and have access to cash. Reverse mortgages are the most heavily regulated loan program in the country with periodic government changes to continue to strengthen the program.

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Movies and the elderly

In 1985, a comic first appeared that proposed one way to judge a film. The Bechdel Test is a simple measure about a movie’s inclusion of female characters. The test asks: 1) Does the movie have at least two women in it? 2) Do they talk to each other? and 3) Does their conversation touch on anything other than a man?

Because the Oscars are coming up, this article focuses on creating a similar way to rate how elder-friendly a movie is. Because of the length and breadth of her career, I am calling this the Betty White Movie scale.

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Reverse Mortgage Attributes

The Oxford Dictionary defines “attribute” as a “quality or feature regarded as a characteristic or inherent part of someone or something.” Attributes are rarely all good or all bad but depend on how the attribute is used. This specifically applies to reverse mortgages.

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I am grief

By Marianne Delorey I am grief. I am ugliness borne out of love and loss. I am powerful. I can bring the strongest among you to your knees. I am immune to your bargaining; I am merciless. I will take the babe in arms as quickly as I will take a lonely miser.  I will […]

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