Press Releases
Golden Gateway Financial Reports that Home Values for Older Americans Finally Begin to Rebound in Fourth Quarter 2009
March 02, 2010Largest states still experience drop-off in home value; overall, home values remain far below 2008 levels
Leading Credit Unions Choose Golden Gateway Financial Reverse Mortgage Solution to Help Their Members Age in Place
February 09, 2010New partnerships extends Golden Gateway Financial Reverse Mortgage Solution to more than one million credit union members
Five Little Known Facts of Life Insurance That Can Have Big Implications for Older Americans
January. 27, 2010Senior Resource Golden Gateway Financial Uncovers Five Life Insurance Practices that Could Cost Seniors Big Bucks
Golden Gateway Financial Earns Prestigious Diamond Certified® Award
Jan. 19, 2010Senior citizen financial resource ranked highest in quality for customer satisfaction, credentials and business practices
Older Americans Forced into "Recession Lifestyle" in Order to Make Ends Meet According to New Survey by Golden Gateway Financial
December 8, 2009Recession has led to large spending cuts for many seniors and those on fixed incomes
Older Americans Continue to Face "Cash Gap" in Retirement According to Golden Gateway Financial
November 18, 2009Recent studies point to escalating concern over ability to maintain retirement lifestyles; new products geared towards seniors' needs
Significantly More Seniors Researching Reverse Mortgages According to New Data from Golden Gateway Financial
October 27, 2009Data also shows that changes in HUD reverse mortgage rules and falling home values are reducing the amount of money available to seniors
Golden Gateway Financial Online Calculator Can Help Determine if a Life Settlement is Right for You
September 29, 2009Senior retirement resource shares usage data from its calculator and reveals which factors are most important in determining amount of life settlement
Golden Gateway Financial Debunks Six Common Myths of Life Settlement
September 10, 2009As life settlement grows in popularity, policyholders remain confused by popular myths
New Data Shows that Economy and Higher Reverse Mortgage Limits are Driving Seniors to Seek More Immediate Cash Benefits
August 10, 2009Higher limits could lapse by year-end; many considering larger up front reverse mortgage payouts
Washington and Maine Enact Strong Pro-Consumer Legislation to Require Education for Life Insurance Policyholders
July 21, 2009Senior citizens advocate applauds education requirement for those with unneeded policies or facing economic hardship; other states considering similar legislation
Number of Americans Delaying Retirement Beyond Age 70 Nearly Doubles Because of Economic Crisis
July 13, 2009Retirement age rising as concerns over finances grow according to Golden Gateway Financial survey; more than half of seniors' net worth has decreased by 10 to 30 percent
Golden Gateway Financial Selected by Prime Alliance Solutions and BECU to Provide Credit Unions with Powerful Reverse Mortgage Solution
July 07, 2009Partnership provides members of BECU (Boeing Employees' Credit Union), the nation's fourth largest credit union, with access to premier reverse mortgage solution
Reverse Mortgages Provide Senior Citizens Facing Foreclosure with a Lifeline
June 23, 2009As foreclosures rise, savvy seniors can alleviate debt and find additional cash through reverse mortgage.
Brookdale Enlists Golden Gateway Financial to Help Seniors Leverage Life Settlement, Fund Senior Living Alternatives
June 02, 2009Nation's Largest Owner Operator of Senior Living Communities Selects Golden Gateway Financial as Life Settlement Provider.
New Survey Data Show Life Insurance Offers Many Seniors a Way to Generate Income in Retirement
May 26, 2009Almost all seniors hold a life insurance policy, but nearly half are unaware it can be sold for cash now, according to Golden Gateway Financial poll.
Reverse Mortgages on the Rise as Economy Continues Decline
April 14, 2009More older Americans using reverse mortgages to fight foreclosure, increase cash flow during retirement, and offset losses in other retirement assets.
New Report Shows that as Economy Weakens the Makeup of Seniors Evaluating Reverse Mortgages Changes
March 17, 2009Data shows depreciating home values hurting oldest of Americans; more researching reverse mortgages to offset investment losses.
Economic Stimulus Bill Raises Reverse Mortgage Loan Limit, Making it Relevant to Even More Older Americans
February 24, 2009Seniors researching reverse mortgages in New York, Massachusetts and California stand to gain the most.
Golden Gateway Financial Makes Reverse Mortgages Safer, Easier and More Practical for Many Older Americans
February 09, 2009Introduces Industry's First Prepaid Card and Priority Pay Services for Reverse Mortgage Borrowers.
New Government Legislation Helps Reverse Mortgages Fill the Void Left by the Credit Crunch
January 21, 2009Seniors can now purchase a home independent of credit or income requirements with a reverse mortgage; Golden Gateway Financial launches Reverse Mortgage for Purchase Calculator.
New Survey Shows More Than Half of All Senior Citizens Polled Plan to Return to Work or Delay Retirement as a Result of Financial Crisis
December 09, 2008Majority of seniors call this the worst economic crisis they've ever witnessed and are acutely aware of the risks in today's markets.
Retirement Experts Share Year-End Tax Tips for Senior Citizens
December 01, 2008Reverse mortgages can provide injection of tax-free money before year-end.
Four Innovative Ways for Seniors and Retirees to Generate Cash in an Economic Storm
November 17, 2008Updated retirement calculators allow seniors to create multiple budget and income scenarios, including the impact of returning to work or delaying retirement benefits.
New Reverse Mortgage Data Shows Senior Citizens Face Declining Home Values and Increasing Forward Mortgages
October 29, 2008Seniors in California carry 50 percent more forward mortgage debt than national average.
New FHA Reverse Mortgage Lending Limit Reinforces Need for Greater Reverse Mortgage Education and Awareness
October 02, 2008Perfect storm of economic conditions and longer life expectancy necessitates need for deeper examination of financial options in retirement.
Retirement Expert Says Reverse Mortgages Remain Safe and Viable Alternative for Senior Citizens Seeking Cash
September 24, 2008No credit requirements and non-recourse design mean reverse mortgages remain available despite current economic issues and failures.
New Survey Finds That Finances Remain a Taboo Subject for Senior Citizens and Their Adult Children
August 12, 2008Senior citizens resource recommends families work together to combat harsh economic pressures, especially with new legislation aimed at helping senior citizens.
Golden Gateway Financial Outlines Benefits of Housing and Economic Recovery Act of 2008 for America's Senior Citizens
July 28, 2008Senior citizens resource applauds work of National Reverse Mortgage Lenders Association and AARP.
New Report Shows Senior Citizens Coming to Grips with Falling Home Values
July 28, 2008Seniors seeking reverse mortgages record lower self-estimated home values. Golden Gateway Financial releases second quarter usage data from its online reverse mortgage calculator.
Golden Gateway Financial Debunks Ten Emerging and Common Reverse Mortgage Myths
July 01, 2008As falling home values erase some long-held reverse mortgage rules of thumb, customers continue to subscribe to both new and existing reverse mortgage myths.
Golden Gateway Financial Links Depreciating Home Values to Limited Financing Options for Senior Citizens
June 16, 2008Retirees in some markets have lost more than 20 percent of funds available to them within the last year; analysis shows eroding home values outweigh many of the age-related advantages reverse mortgage borrowers traditionally expect.
Reverse Mortgage Often Exceeds Seniors' Social Security Check
April 17, 2008Senior homeowners who own much but not all of their home and get a reverse mortgage will have their existing mortage paid off and, on average, receive a monthly check of $683 for much of the rest of their lives.
Golden Gateway Financial Launches Online Services
December 17, 2007Addressing the alarming retirement shortfall of aging Americans who nonetheless hold trillions of dollars in home equity, Golden Gateway Financial today announced the first independent Internet-based financial services site focused solely on innovations in retirement financing, particularly reverse mortgages. Golden Gateway Financial offers a safe and comfortable environment for seniors and their adult children to confidently learn about, compare and select reverse mortgages and other services that can reduce money concerns and improve life in retirement.
