September 3, 2010
Reverse mortgages can be a great way to eliminate mortgage payments and possibly give you access to the equity in your home without the risk of ever having ...
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The Federal Housing Administration isn't talking publicly about it, but the agency may be getting ready to lessen the upfront costs of reverse mortgages for ...
Reverse mortgages are often condemned as risky and complex financial products. Consumers have very little understanding ...
September 2, 2010
With the new HECM Counseling protocols only days away, the Department of Housing and Urban Development released the Reverse Mortgage Toolkit to help ...
During NBC Today's Money 911 segment on Wednesday, reverse mortgages were one of the topics discussed. My best friends are in their 70s and they have very ...
Other proposed changes include new requirements for the timing, content, and format of reverse mortgage disclosures and new restrictions on lenders offering ...
September 1, 2010
The Department of Housing and Urban Development announced new changes to the mortgage insurance premiums for the Federal Housing Administration's reverse ...
Reverse Mortgage Counseling Toolkit - LoanSafeThe advertisement also includes a picture of CNBC financial host and author Suze Orman saying, “look into reverse mortgages, they're a good way to go”. ...
However, other scams related to the housing market still abound. "We're seeing foreclosure rescue schemes, reverse mortgage and short-sell schemes," he said.