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Reverse mortgages highlighted at IL Governor's Conference on Aging

The Illinois Governor's Conference on Aging will be held December 9-11th at the Downtown Marriott and will provide resources and information for professionals in the aging field.

One of the sessions entitled "Reversal of Fortune: Using a Reverse Mortgage to Age in Place" will be conducted by me on Thursday, December 10th from 3:45 - 4:45.  I will be outlining real life situations where a reverse mortgage has helped older adults remain in their home by paying for in-home care, making home modifications to accomodate a wheelchair, and avoiding foreclosure.

Any professionals who work with older adults (social workers, nurses, counselors) and are interested in attending, can register for the conference through the conference's website http://www.state.il.us/aging/2calendar/conference/conf-on-aging or by calling Gidget Freeberg at 217-557-8312.

Mark Schmidt has been a reverse mortgage specialist since 2004. In that time, he has guided hundreds of seniors through the reverse mortgage process. He is a veteran in the industry at a time when many others are “jumping on the bandwagon” of reverse mortgages.

A graduate of the University of Illinois, Mark also has an MBA from Loyola University and twelve years as a financial analyst with Merrill Lynch and Bank of America. To understand the needs of his clientele better, he was designated a Certified Senior Advisor in 2007 by completing additional studies of the social, physical, and financial aspects of aging.

Mark is the reverse mortgage expert for www.caregiverlist.com and is the author of “Reverse Mortgages: Facts and FAQs” which was in Amazon.com’s top five list for reverse mortgage books before selling out.

Mark can be reached at 773-504-9633 or at mark.schmidt@bankofamerica.com.

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