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Senior Home Equity Remains Greater Than $3 Trillion Despite Renewed Concerns About National Home...

Washington, DC - July 8, 2011 - (RealEstateRama) -- An estimate of senior home equity owned by Americans aged 62 and over stood at $3.2 trillion as of the end of the first quarter in 2011, according to results from the recently released NRMLA/RiskSpan Reverse Mortgage Market Index (RMMI). The index has tracked reverse mortgage market opportunity since 2000 by analyzing and reporting on trends in senior home values and home equity levels.

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What Is Title Insurance and Why Do You Need One?

Title insurance is a type of protection that both consumers and businesses can agree on. It is a form of indemnity insurance that protects both sides from defects in a property title. Without this paperwork in place, the risk of owning property becomes unimaginable.