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Latest News:

Government considers reverse mortgage scheme to fix aged care funding - The Daily Telegraph

Government considers reverse mortgage scheme to fix aged care funding
The Daily Telegraph
A REVERSE mortgage scheme to protect seniors against a fire sale of the family home to pay for aged care is being considered by the government. The reforms could also soften the blow of forcing seniors to pay a greater share of the true cost of .
Firewall bid on seniors' assetsHerald Sun

all 3 news articles »

Do you need help finding someone to be honest with you about what a
We like to let our clients tell you about their experiences with us and many of them have the same questions you may have about your situation. "Hi Ted, We just wanted to thank you for all your help with procuring my mother's..

Is a reverse mortgage right for you?
Friday, January 27 th , 2012 Issue 04, Volume 16. A reverse mortgage is a loan for senior homeowners over 62-years-old that uses some of your home equity as collateral...

Government considers
A..

Firewall bid on seniors' assets
A REVERSE mortgage scheme to protect seniors against a sale of the family home is being considered by the Gillard Government...

Selling a house is better than reverse mortgage - Business Line

Business Line

Selling a house is better than reverse mortgage
Business Line
Should my parents opt for reverse mortgage? Will Rs 25 lakh be sufficient for my parents for the rest of their lives? Going by the financial strength of your father, selling the house appears an ideal choice rather than opting for reverse mortgage.

CFPB employees outnumber FHA reverse mortgage lenders - Credit Newsline

Press TV

CFPB employees outnumber FHA reverse mortgage lenders
Credit Newsline
Though the Consumer Financial Protection Bureau just got its first director, its 752 staff members far outnumber the Federal Housing Administration's 300 reverse mortgage lenders. Just one year ago, the CFPB was without leadership or authority.
Chart of the Day: CFPB Staff Outnumber Reverse Mortgage LendersReverse Mortgage Daily

all 13 news articles »

Mortgage Rates Reverse Course on Positive Housing Data
McLEAN, Va., Jan. 26, 2012 /PRNewswire/ -- Freddie Mac (OTC: FMCC.OB - News) today released the results of its Primary Mortgage Market Survey (PMMS ), showing average mortgage rates climbing as the housing market ...

Is a reverse mortgage the right choice? - Village News Network

Village News Network

Is a reverse mortgage the right choice?
Village News Network
A reverse mortgage is a loan for senior homeowners over 62 years old that uses some of their home equity as collateral. If a person keeps paying the property taxes and insurance on the home, the loan does not have to be repaid until the last homeowner .

and more »

Reverse mortgage vs. HELOC for extra cash?
Dear Dr. Don, We own a condo in Florida and a home in Pittsburgh. I just retired at 70 years old, and now money is very tight. Can I qualify for a reverse mortgage on one of my homes? As you know, selling real estate in this market is a problem...

Dear Liz: My healthy and active 82-year-old mother is faced with having to sell her home this year because she's running out of money. She has lived a very minimal lifestyle for many years as her savings dwindled, and her income is now basically ...

Indigo
The National..

Puerto Rico Reverse Mortgage Heavyweight Moving Stateside, Plans to Make . - Reverse Mortgage Daily

Puerto Rico Reverse Mortgage Heavyweight Moving Stateside, Plans to Make .
Reverse Mortgage Daily
One of Puerto Rico's largest reverse mortgage lenders is expanding into the United States and plans to carve out a EURœnicheEUR targeting the Hispanic population. With seven branches and 80 employees, Money House is the second largest reverse mortgage .

and more »

Family Matters: My Grandma's Reverse Mortgage - Reverse Mortgage Daily

Family Matters: My Grandma's Reverse Mortgage
Reverse Mortgage Daily
During my time reporting for Reverse Mortgage Daily, I've talked to countless brokers, lenders, counselors, and others in the industry to gain knowledge of reverse mortgagesEUR”what they are and whom they impact. Even though I've heard numerous times .
Reverse Mortgage Workshop Coming to University Place on Feb. 15Patch.com
County workshop will explain reverse mortgagesTheNewsTribune.com (blog)

all 3 news articles »

Spending and Saving Q&A | What is a reverse mortgage?
A reverse mortgage allows you to convert part of the equity in your home into cash without having to sell your home or take on additional monthly bills, according to the Federal Trade Commission...

VINELAND EUR South Jersey Federal Credit Union will offer a seminar about..

'
But although the term is certainly well-known, many people are confused about what a..

Oregonians Make Case for Tax Deferrals and Reverse Mortgages - Reverse Mortgage Daily

Oregonians Make Case for Tax Deferrals and Reverse Mortgages
Reverse Mortgage Daily
Reverse mortgage borrowers in Oregon who were recently cut from the state's senior tax deferral program made a case in court this week for keeping both the ability to partake of tax deferral benefits while simultaneously having a reverse mortgage.

and more »