Reverse Mortgage News Main Index



Reverse Mortgage News for 01/07/2009



index-010609.php
index-121308.php
index-111708.php
index-102408.php
index-092708.php
index-090408.php
index-081208.php
index-072108.php
index-062208.php
index-052508.php
index-050208.php
index-040708.php
index-031408.php

Latest News:
Reverse mortgage loan: what is it all about? (The Hindu)
Any individual, above 60 years of age or any married couple with either husband or wife above 60 years of age, who are citizens of India, will be eligible senior citizens. Where does a senior citizen go for such a ...


Reverse Review EUR January 2009 Edition
Check out the December '08/January '09 issue of The Reverse Review, available online now! Included in this month's issue is our featured article about the challenge...


City couple extradited to Florida (Fall River Herald News)
A city couple, who along with relatives are charged with a multimillion dollar mortgage fraud scheme in Central Florida, was extradited and is being held without bail in that jurisdiction...


Clarifying Reverse Mortgage Property Types
There seems to be some confusion as what types of properties are eligible for financing with a reverse mortgage...


Reverse Mortgage Investments: When will one-note song become a .
Any serious expansion of reverse mortgage production in 2009 and beyond will require increased investor support, and not just from buyers with a direct line to the US Treasury...


What is a reverse mortgage?? Do I want it?
If you have already heard the term reverse mortgage, it still sounds a little odd. If this is the first time you are hearing the term, it will probably sound like some kind of shady deal. Reverse mortgages are becoming more popular ...


Reverse Mortgage Daily Goes International
Reverse Mortgage Daily continues to present me with great opportunities and it seems to only get better as time goes by. In March I will be speaking at the European Financial...


Fed: Economic woes will last despite radical moves (AP via Yahoo! News)
Even as Federal Reserve officials slashed their key interest rate to a record low and pledged to use other unconventional tools to fight the worst financial crisis since the 1930s, they still feared the economy would be stuck in a painful rut for some time...


Senior Home Buyers Allowed To Use Reverse Mortgage - Hartford Courant

Senior Home Buyers Allowed To Use Reverse Mortgage
Hartford Courant, United States - Dec 21, 2008
1, home buyers 62 and older will be able to buy a house using a reverse mortgage, as long as it's their primary residence. Traditionally, people obtained .
Reverse Mortgages Help Seniors Through Economic Woes Chipley Florida Online Newspaper - Foster Folly News
ReverseMortgageGuides.org Provides Answers To Common Questions . PRLog.Org (press release)
all 3 news articles
..

Mortgage rates hit 37-year low (The Sandusky Register)
SANDUSKY Homeowners and homebuyers finally received some good news -- the 30-year fixed mortgage rate has sagged to its lowest point in 37 years...


Reverse Mortgage Rates EUR January 6, 2009
The 10-year Constant Maturity Treasury rose quite a bit on Friday and Monday today it is at 2.49%. But we're still in territory where the Principal Limit is maxed out, and the SFSA and tenure conversion factors are the only things ...


What is a reverse mortgage?? Do I want it? | Georgia Modular Homes
If you have already heard the term reverse mortgage , it still sounds a little odd. If this is the first time you are hearing the term, it will probably sound...


State suspends licenses of psychologist William L. Harshman, convicted in attack stemming from mortgage deal (The Flint Journal)
GRAND BLANC TOWNSHIP, Michigan -- The Michigan Department of Community Health has summarily suspended the licenses of a psychologist and former Mott Community College professor convicted in the attack of a woman in Grand Blanc Township last year. William Leslie...


'New IndyMac' to continue loan mods - Inman.com

'New IndyMac' to continue loan mods
Inman.com, CA - Jan 5, 2009
The deal also includes IndyMac's reverse mortgage platform, Financial Freedom, with $1.5 billion of reverse mortgages and servicing rights to $20.2 billion .
IndyMac Investors Buy Bank for $13.9 Billion BankInfoSecurity.com
Michael Dell Part of Group Buying Busted IndyMac Bank SYS-CON Media
all 19 news articles
..


Mortgage rates rock (Santa Fe New Mexican)
Santa Fe mortgage brokers and bankers are experiencing a rush of mortgage applications as borrowers react to lower rates by refinancing mortgages and, to a lesser degree, buying new homes...


Funding Senior Living In An Economic Downturn - Wall Street Journal

Funding Senior Living In An Economic Downturn
Wall Street Journal - Jan 5, 2009
A reverse mortgage is another option. Reverse mortgages enable home owners aged 62 or older, who own their home outright or have a small mortgage balance, .
..


Funding Retirement Living With A Reverse Mortgage
Wall Street Journal recently published an article detailing how older Americans who were planning on selling their homes to finance care in assisted living and retirement communities have se...


Reverse mortgages with safeguards will help seniors afford care . - Royal Gazette

Reverse mortgages with safeguards will help seniors afford care .
Royal Gazette, Bermuda - Jan 5, 2009
By Matthew Taylor Age Concern head Claudette Fleming has given backing to the reverse mortgage concept after claiming seniors were too often giving away .
..


New rules rev-up reverse mortgages (Bankrate.com via Yahoo! Finance)
A new federal housing law raises the ceiling on the amount of money seniors can obtain from a reverse mortgage and lowers the fees charged for the loan...


: Government Insured Reverse Mortgage Program for Home Purchase . - NewsReleaseWire.com (press release)

: Government Insured Reverse Mortgage Program for Home Purchase .
NewsReleaseWire.com (press release) - Jan 5, 2009
Effective January 1st, FHA Reverse Mortgage Lenders are now able to finance the purchase of a seniors new home with a HUD insured Reverse Mortgage. .
..


Celtics Hope To Shake Recent Road Woes In Charlotte (WMTW Auburn)
The Boston Celtics try to reverse their recent road woes this evening when they visit the Charlotte Bobcats at Time Warner Cable Arena...


The Reverse Mortgage Trend - Nightly Business Report

The Reverse Mortgage Trend
Nightly Business Report, FL - 7 hours ago
JEFF YASTINE: Reverse mortgages are just what they sound like. Part of the equity in a home is bought by a lender. The only caveat -- the homeowner must be .
..


Council to Consider Mortgage Lender Lawsuit (The Memphis Daily News)
The Memphis City Council today in its executive session will discuss a resolution approving the city of Memphis involvement in a joint city-county la....


Reverse mortgage loan: what is it all about? - Hindu

Reverse mortgage loan: what is it all about?
Hindu, India - Jan 4, 2009
Reverse mortgage loans are to be extended by primary lending institutions. These are scheduled banks, besides housing finance companies registered with the .
..


Is a reverse mortgage a good thing?? | Business News Blog .
If you have not already heard the term reverse mortgage, it sounds like a strange thing. Reverse mortgages are becoming more and more popular these days, but are they scams or are they legitimate?Is it really possible to sell your house ...


NBR Transcripts-January 6, 2009 - Nightly Business Report

NBR Transcripts-January 6, 2009
Nightly Business Report, FL - 7 hours ago
Two years ago, they signed up for something many of the nation's seniors are now considering themselves - - a reverse mortgage on their home. .
..


Fed: Bold Moves Won't Stop Economic Woes (CBS News)
Even as Federal Reserve officials slashed their key interest rate to a record low and pledged to use other unconventional tools to fight the financial crisis, they still feared the economy would be stuck in a painful rut for some time...


Cuomos Settlement Over Allegedly Discriminatory Mortgage Fees - Wall Street Journal Blogs

Cuomos Settlement Over Allegedly Discriminatory Mortgage Fees
Wall Street Journal Blogs, NY - 13 hours ago
EURWe saw what we refer to in the advocacy community as reverse red-lining,EUR Aracely Panameno, director of Latino affairs for the Center for Responsible .
Two Suffolk-Based Mortgage Lenders Investigated for Discrimination LongIslandPress.com
all 44 news articles
..