Dennis Haber is one of the leading originators of reverse mortgages in the State of New York. He is an attorney, Certified Senior Advisor (CSA) and Executive Vice President of Senior Funding Group in Hicksville, NY. His book, Piggy Bank Your Home For A Better Today & Tomorrow makes reverse mortgages easy to understand.
Under the auspices of the Nassau County Bar Association, Dennis presented a reverse mortgage seminar for CLE credits. He recently led a national teleconference sponsored by the National Reverse Mortgage Lenders Association explaining the disclosure documents used for the HECM reverse mortgage. He also wrote an accredited course on reverse mortgages for the Wealth Preservation Institute.
Dennis was the lead speaker on reverse mortgages at the Northeast Conference of the Mortgage Bankers Association. He has been featured in the ASK THE EXPERT column in Newsday (09/25/2004 & 07/09/2005) His articles on the topic have been published in various publications, including, The New York Law Journal (Outside Counsel-August 12, 2005),Senior Market Advisor, Nassau Lawyer, Suffolk Lawyer, New York Mortgage Press, The Cooperator, Real Estate Weekly and Elder Law Attorney a publication of the New York State Bar Association. His articles have also been featured on SmartPros.com, and ElderLifePlanning.com
Dennis frequently speaks to senior groups, bar associations, financial planners and mortgage industry groups. He has also appeared on the nationally syndicated Joey Reynolds Show on WOR radio. He was recently interviewed on Newsdays program, ACT 2 on Channel 21, by News 12 financial reporter AJ Carter. Dennis was honored to be selected as a judge in the 2005 Ms New York Senior America Pageant.
Over the years Dennis has demonstrated his uncanny ability to take a complicated topic and make it easy to understand. He is the author of The Haber Way, an audio CD that explains the dos and donts of getting a mortgage loan, and Playing The Real Estate Game, a fun-filled learning experience that combines buyer, seller and anxiety cards with two audio cassette tapes. His articles on real estate issues and mortgage financing issues have been published in Newsday, Mortgage News and My Way Homefinder Magazine. He has also been featured on the Talk America Radio Network, cable television and has co- hosted his own radio show on WGBB, The American Dream Hour.
TOPICS:
Understanding the Power of Reverse Mortgages
PARTIAL CLIENT LIST:
New York Association of Mortgage Brokers
National Reverse Mortgage Lenders Association
Northeast Conference of Mortgage Bankers
Financial Planners Association (FPA of Long Island)
The Society of Financial Service Professionals
Nassau County Bar Association
New Jersey Association of Public Accountants
TOPIC DESCRIPTIONS:
UNDERSTANDING THE POWER OF REVERSE MORTGAGES
Comparison of aging in the United States- We quickly discover that aging in this country has taken on a new meaning. Gerontologist on now talking about the third age, the ages between 60 & 90. At once the audience will appreciate the challenges our seniors are facing.
Define what a reverse mortgage is. I create a laser point definition that is important to use because it provides immediate clarity to a rather complex topic. Here we will talk about the component parts; what determines how much one can receive and the variety of ways to obtain the funds, along with its affect on Medicaid, Social Security, & property tax exemptions . We will also discuss when the loan becomes due. .
We discuss the confluence of forces that that has transformed a reverse mortgage into an important financial & economic tool. .
We discuss the critical importance of knowing how to effectively communicate with seniors and their family. Asking the right questions is important for establishing an open dialogue. Gaining trust is an important tool ./ We will focus on how to achieve same. .
A discussion of senior demographics is needed to understand why reverse mortgages currently play a critical role in transfiguring the lives of so many. Likewise the impact of the Social Security system, Medicare & Medicare Part D, The Deficit Reduction Act, the stock market, etc are discussed. .
We answer the question why reverse mortgages work. Here we focus upon gerontology issues such as dementia & other health issues, affecting activities of dialing living, our seniors face.
We will talk about the advantages and disadvantages of the reverse mortgage program as well as discuss the additional programs that are due to hit the market place. Wall Street is very interested in developing new programs. The history of the reverse mortgage industry will also be touched upon. .
We will also explore other financial options that seniors have at their disposal. How our elders feel about selling & renting their home and in the alternative obtaining conventional financing will be explored. .
It is important to evaluate the role that adult children play in this process. A reverse mortgage affects the adult children sometimes as much as it affects their parents. Some baby boomers will spend more time taking care of their parents than they spent in raising their children.
We will also talk about the safety of the program and attack head on the misconceptions that stop seniors dead in their tracks.
FEE CATEGORY: A ($5,000 or less)
