At a recent meeting of a Pennsylvania chapter of the Financial Planning Association, GNMA President Joseph Murin called on financial planners to be prepared to advise seniors on the advantages and downfalls of reverse mortgages . The reason according to Mr. Murin, is that the recent declines in the investment markets have tightened the screws on many seniors' portfolios, forcing them to look for cashflow from other sources.

The Financial Planning Association, which has chapters in every state, is a voluntary association of Certified Financial Planners and other types of planning professionals. Their official website, www.FPAnet.org , contains a searchable directory of financial planners in your local area.

For more information on reverse mortgages, check out the following articles:

• Reverse Mortgage Basics
• Disadvantages of a Reverse Mortgage
• Using a Reverse Mortgage Calculator