Recently, there have been a lot of changes in the reverse mortgage market in Colorado, and other states in the U.S. This has led to speculations amongst people as to what the HECM – home equity conversion mortgage - product will be like in 2013. The HECM mortgage product is programmed to undergo several changes within the near future, however, currently only a few of these changes are expected to take substance in 2013 in Colorado. The forecasters consider the HECM product to be a stable alternative for reverse mortgage that enables the senior citizens (0 comments)