As of December 31, 2013, the Company’s actuarially estimated cash payments to reverse mortgagors were as follows:
|
Year Ending |
||||
|
2014 |
$ | 1,004,565 | ||
|
2015 |
820,257 | |||
|
2016 |
663,038 | |||
|
2017 |
530,411 | |||
|
2018 |
419,873 | |||
|
Years 2019 – 2023 |
1,038,376 | |||
|
Years 2024 – 2028 |
242,803 | |||
|
Years 2029 – 2033 |
42,848 | |||
|
Thereafter |
5,181 | |||
|
|
|
|||
|
Total |
$ | 4,767,352 | ||
|
|
|