Reverse Mortgages Become Sinkholes for Many

Reverse mortgages, which allow seniors age 62 and older to tap into their home equity and receive an annuity payment during their retirement years, have grown in popularity; but so have the potential pitfalls, according to a new report from the National Center for Policy Analysis (NCPA).

The Ups and Downs of Reverse Mortgages

Reverse mortgages, formally known as home equity conversion mortgages (HECM), allow seniors to tap into their home equity and receive a lump sum or annuity payment during their retirement years. This money can help pay their living expenses as long as they live or, in the case of a couple, neither spouse in lives the house. While reverse mortgages have grown in popularity, so have problems and potential trouble in the reverse mortgage market.

Obama's Scandalous Legacy

It’s too early to tell if May will be remembered as marking the beginning of a failed second term for President Obama, but it is clear the atmosphere in Washington …

Six Billion Physician Fees

Psychology Today: The flexibility and instability of healthcare prices leads to uncertainty among consumers about what procedures they are paying for, says NCPA President John C. Goodman.

Bank Reserves: A Hot Potato

Forbes: NCPA Distinguished Fellow Bob McTeer explains the complexities of bank reserves and the current policy the Federal Reserve has to increase lending.

The Market for Medical Care Should Work Like Cosmetic Surgery

Every day, millions of American consumers go shopping. In the process, they compare the prices and quality of goods and services ranging from groceries to cellular telephone service to fast food to housing. But that daily ritual changes when it comes to comparing prices for medical care. Health care is the only major sector of our economy where consumers typically do not make decisions based on comparison shopping.

Navigating the ObamaCare Maze

Wall Street Journal: The Affordable Care Act will be ineffective due to the lack of  money budgeted, complexity and competency that is associated with the new healthcare reform, says NCPA President John C. Goodman.

May 16, 2013

NCPA Senior Fellow Dr. H. Sterling Burnett will speak at the 5th International Rare Earths Summit at the W. Union Square Hotel in New York City.  Dr. Burnett’s topic will …