The American Dream Alive And Well For Baby-Boom Seniors In Recession-Plagued Michigan

- The combination of a depressed housing market---due to the on-going economic recession that the State of Michigan has been experiencing during the last few years---and the government regulated and federally insured 203-b HECM (Home Equity Conversion Mortgage) Program, better known as "Reverse Mortgages," has provided the opportunity for senior baby-boomers to get relief from economic hardships, yet live in their own home worry-free at the same time. Seniors (sixty-two years and older) can now have a house, whether or not they already own one---without having to make any mortgage or rental payments ever again. Seniors who...readmore..