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Blog Details for "Reverse Mortgage Loans in the USA - News and Infor"
Reverse Mortgage Loans in the USA - News and InforReverse Mortgage Loans in the USA - News and InforWe discuss the latest news and commentary about reverse mortgage loans from all around the country. Articles
FINRA cautions homeowners about tapping into home equity
2008-04-14 17:00:00 Last week, there was an Investor Alert issued by the Financial Industry Regulatory Authority (FINRA). It cautions homeowners over the age of 60 to be wary of tapping into their home equity through reverse mortgages. More About: Home , Tapping , Homeowners , Equity
Lenders tighten up financing
2008-04-11 17:00:00 Washington Mutual is expected to announce layoffs in their residential mortgage group just days after announcing that they have shut down their wholesale mortgage group. WaMu is just one more financial institution to fall as the dominos pick up steam. More About: Financing , Lenders
Research lender before making financial decision
2008-04-10 17:00:00 If you?re looking into mortgages then you are already concerned that you don?t have enough cash for the future. The last thing you want to do is make the wrong decision and put yourself in a worse financial position. More About: Research , Financial , Decision
Washington Mutual and the mortgage brokers
2008-04-09 17:00:00 Some may focus on how this is going to affect investors but I focus on how this is going to affect the mortgage brokers. The banks are systematically putting mortgage brokers out of business. More About: Washington , Brokers , Mortgage , Mortgage Brokers , Washington Mutual
Reverse mortgage for your golden years
2008-04-08 17:00:00 If you are over the age of 62 and have equity in the home then consider a reverse mortgage to provide the extra cash you need for your golden years. More About: Mortgage , Years , Golden Years , Golden , Reverse Mortgage
Ask to defer your mortgage payment
2008-04-07 17:00:00 If you're facing losing your home due to foreclosure and don?t qualify for a re-finance or home equity loan, the best thing to do is to talk with your lender. More About: Mortgage , Payment
Latest proposals to improve mortgage and housing industry
2008-04-04 17:00:00 The Senate is still trying to stabilize the mortgage and housing industry with proposals, is it enough? More About: Industry , Mortgage , Housing , Improve
Latest proposals to improve mortgage and housing industry
2008-04-04 17:00:00 The Senate is still trying to stabilize the mortgage and housing industry with proposals, is it enough? More About: Industry , Mortgage , Housing , Improve
Foreclosure Fraud Prevention Act passed unanimously
2008-04-03 17:00:00 The Foreclosure Fraud Prevention Act passed unanimously in the House yesterday. It would ensure that when homeowners sign a contract with a foreclosure rescue entity, that they are properly informed about their rights. More About: Fraud Prevention
Reverse Mortgage laws are varied
2008-04-01 17:00:00 Reverse Mortgage laws are varied, and though the borrower(s) uses their house as security, they still have certain responsibilities. More About: Laws , Reverse Mortgage
Federal Reserve wants to have control over all financial institutions
2008-03-31 17:00:00 Our legislators today will discuss the possibility of the privately owned, non federal government agency called the Federal Reserve to have this control. It makes me wonder if this whole collapse of the economy wasn?t planned for this precise moment. More About: Financial , Control , Institutions
Fixed interest rate reverse mortgages are now available
2008-03-28 16:00:00 Until this week all reverse mortgage loans came with a variable interest rate. This of course made it hard to predict how expensive a reverse mortgage would be by the time the mortgage was closed. More About: Mortgages , Interest , Rate , Fixed , Interest Rate
In crime with predatory lenders
2008-03-27 16:00:00 Was the Bush administration partners in crime with predatory lenders? In article written by former New York Governor Eliot Spitzer, light is shed on the Bush administration and their handling of the current housing crisis. More About: Crime , Lenders
Seniors have lots of government and private agencies
2008-03-26 16:00:00 Did you know that if you?re a senior you have lots of government and private agencies that you can turn to if you have a problem with abuse of fraud? More About: Government , Private , Seniors , Agencies
Government allowed financial institutions to do the wrong thing
2008-03-25 16:00:00 The mortgage industry has been around for a very long time. So why now do we have such overwhelming and blatant disregard for the public well being? More About: Government , Financial , Wrong , Thing , Institutions
Tap into the equity of your home
2008-03-24 16:00:00 If you are at least 62 years old and looking for a way to tap into the equity of your home you have several options. If your credit is strong and you have a good income then a traditional refinance or home equity loan product may work for you. More About: Home , Equity
Real estate market begins to level out
2008-03-21 16:00:00 As we approach the end of the first quarter of the year we are seeing the real estate market begin to level out. Home prices are stabilizing and buyers are starting to commit. More About: Estate , Real Estate , Real Estate Market , Market , Real
Mortgage refinancing is more affordable today thanks to the Fed
2008-03-20 16:00:00 As the banks finally lower the par value interest rate on a 30 year fixed mortgage below 5.5%, more Americans can take advantage of refinancing. More About: Today , Mortgage , Refinancing
Mortgage consumers are having a hard time pulling the trigger
2008-03-19 16:00:00 As mortgage rates bounce up and down every few hours, consumers are having a hard time pulling the trigger. The state of the stock market, the state of the U.S. dollar and now the state of mortgage yield rates are in flux. More About: Time , Mortgage , Hard , Consumers
Mortgage rates bounce like a rubber ball
2008-03-18 16:00:00 As of last night a consumer could get a 5.5% mortgage rate with a yield spread of over .8% for a 30 year mortgage. Since last night two rate changes have change the yield spread for the 5.5% rate to less than .2%. More About: Mortgage , Bounce , Rates , Ball , Rubber
Banks now own more of the US residential real estate than Americans
2008-03-14 16:00:00 Miami is probably the worst real estate market in the US, and possibly, the world. Foreclosures are up 600% from last year, and the market value of condos has plunged as much as 50%. More About: Residential , Estate , Real Estate , Banks , Real
Wait for mortgage rates to drop before you consider refinancing
2008-03-13 16:00:00 If you?re waiting for mortgage rates to drop before you consider refinancing you?re not alone. Thousands of Americans who refinanced only 9 months ago are in a great position to drop 2 points off their current mortgage rate. More About: Mortgage , Rates , Drop , Wait , Refinancing
Do not use the cash from a reverse mortgage for investment purposes
2008-03-12 16:00:00 Don?t use the cash from a reverse mortgage for investment purposes. Even though you don?t need to worry about paying a mortgage anymore, you do have the responsibility of paying your taxes, insurance, utilities, and maintenance. More About: Investment , Mortgage , Cash , Reverse Mortgage
Researching reverse mortgage options and companies
2008-03-11 16:00:00 If you take a little time on the web site you will see that we have tried to provide you the best information and tools so you can decide if a reverse mortgage is the right choice for you or your loved one. More About: Companies , Mortgage , Options , Reverse Mortgage
The good and the bad of the foreign home investor
2008-03-10 16:00:00 As the foreign dollar continues to be worth more and more everyday against the U.S. dollar, U.S. real estate becomes more attractive to the foreign investor. More About: Home , Investor , Foreign , Good , The Good
Ask yourself a few questions before you finance
2008-03-07 16:00:00 If you?re looking for cash and you?re considering using your home, ask yourself a few questions. First, how much cash do I really need? More About: Finance , Questions
Home prices continue to fall thanks to foreclosures
2008-03-06 16:00:00 As home prices continue to fall thanks to the record number of foreclosures, people who are trying to sell their home and stay clear of foreclosure are having a difficult time. Many homes that are for sale by homeowners are now at rock bottom. More About: Foreclosures , Home , Fall , Prices
Foreclosures plaguing the once booming real estate market
2008-03-05 16:00:00 If passed, the 'Foreclosure Prevention Act' would allow bankruptcy judges to wipe out mortgage dues and provide billions for redoing abandoned properties. More About: Estate , Real Estate , Real Estate Market , Foreclosures , Market
That would be a real stimulus to the economy
2008-02-27 16:00:00 As we all wait for our stimulus checks to come in the mail this summer, gas prices and mortgage rates continue to climb. More help could be provided to the average American if the President would concentrate on the real issues. More About: Economy , Real
Consumer credit card and auto loan recession
More articles from this author:2008-02-26 16:00:00 Along with the subprime recession going on, some people are also gearing up for a consumer credit card and auto loan recession in the near future. More About: Card , Credit , Consumer , Loan , Auto 1, 2, 3, 4, 5, 6 |
