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shAARP Talk: Observations from AARP

(Category: Financial Security)

Jill Greenberg | April 10, 2008 | 5:04 PM
Jill Greenberg

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Yes, America is stressed about the single largest source of retirement savings – our homes. This is especially true when too many people are faced with losing them, as we are seeing in today’s fragile economy. The Senate passed housing legislation today that just doesn’t do enough. While there are some good things to help with reverse mortgages in the bill, bankruptcy protections that already apply to some should be available to help all homeowners. This thing still is not over, now the House has its turn to provide relief to homeowners.

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