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Reverse Mortgage Loans Florida News and InformatioReverse Mortgage Loans Florida News and InformatioWe discuss the latest news and commentary about reverse mortgage loans from Florida. 
Articles
Reverse Mortgage Alternative
2008-04-23 17:00:00 For seniors between 65 and 85 who want to access the equity tied up in their homes, it seems that they have to refinance or take out a reverse mortgage loan. But there is another way. More About: Alternative , Mortgage , Reverse Mortgage
What Is A Mortgage
2008-04-22 17:00:00 Every homeowner knows what a mortgage is but do you? Many people have heard that term on movies, television shows, and commercials but don?t really know what it really means. More About: Mortgage
Seniors wait for home value to rise
2008-04-21 17:00:00 Many people are trapped in this housing slump. Seniors who want to retire are having trouble liquidating their assets, as most of their investment is secured in their houses. More About: Home , Rise , Wait
Reverse mortgage like a second Social Security check
2008-04-17 17:00:00 Figures based on data from Golden Gateway Financial, report that the money seniors save from making mortgage payments, together with their monthly reverse mortgage checks will easily exceed the amount of their Social Security check. More About: Social Security , Mortgage , Check
Seniors struggle paying for mortgage and health care
2008-04-16 17:00:00 In an AARP study, 28% of seniors cited ?Health or Disability? as a reason for looking into a reverse mortgage. Their worries are justified, as the need for health care increases as seniors get older. More About: Health Care , Mortgage , Care , Seniors
Paying for long term care insurance on a fixed income
2008-04-15 17:00:00 Seniors reaching retirement age are often worried about how to pay for expenses if they cannot take care of themselves. Many of them also worry that they will become a burden on their children. More About: Insurance , Fixed Income , Care , Income , Long
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
Common reverse mortgage concerns
2008-04-11 17:00:00 Most people in the market for a reverse mortgage loan ask the usual questions like: How much money will I get? How much are the fees? What is the interest rate? More About: Mortgage , Common , Reverse Mortgage , Concerns
Small steps to help relieve homeowners
2008-04-10 17:00:00 There is a lot of criticism of how the Bush Administration is handling the current housing and mortgage crisis. Here are their latest initivatives. More About: Small , Homeowners , Steps
Reverse mortgage loans have changed
2008-04-09 17:00:00 Reverse mortgage loans have changed a lot since they first appeared in the market. Since a reverse mortgage is based on the equity in your home, what happens if you outlive the equity in your home? More About: Loans , Mortgage , Reverse Mortgage
Eager sellers may find success at auction
2008-04-08 17:00:00 Potential buyers who can afford buying a home during this down market are searching for homes in less traditional places, like auctions. More About: Auction , Success , Find , Sellers
Eager sellers may find success at auction
2008-04-08 17:00:00 Potential buyers who can afford buying a home during this down market are searching for homes in less traditional places, like auctions. More About: Auction , Success , Find , Sellers
Mortgage life insurance can provide security
2008-04-07 17:00:00 Mortgage life insurance will pay off your mortgage if you die before it is completely paid off. More About: Security , Life , Insurance , Mortgage , Life Insurance
Mortgage life insurance can provide security
2008-04-07 17:00:00 Mortgage life insurance will pay off your mortgage if you die before it is completely paid off. More About: Security , Life , Insurance , Mortgage , Life Insurance
Pay for living expenses with a reverse mortgage loan
2008-04-03 17:00:00 A survey by Consumer Credit Counseling Service of Greater Atlanta, Inc., found that the main reason most homeowners who took out a reverse mortgage loan was to pay for living expenses. More About: Living , Loan , Mortgage , Expenses , Reverse Mortgage
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
Home value may drop but benefits continue with a reverse mortgage
2008-03-31 17:00:00 As many Americans are struggling to keep their home, more and more seniors are looking into reverse mortgages. Although the value of your home can drop, your benefits do not reduce. More About: Home , Mortgage , Benefits , Reverse Mortgage , Drop
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
Sales of existing homes fell by 12.7 percent in 2007
2008-03-26 16:00:00 Sales of existing homes fell by 12.7 percent in 2007, the biggest decline in 25 years. Over the past two years, the severe credit crunch forced the housing market into a steep downturn. But according to the National Association of Realtors, the sales of existing homes rose by 2.9 percent in February. More About: Sales , Homes
Attempted or suspected mortgage fraud
2008-03-25 16:00:00 Between September 2006 and October 2007, lenders and financial institutions across the nation filed 46,717 reports of attempted or suspected mortgage fraud. This number is up 32 percent from the previous year, and the FBI tallied 260 convictions on mortgage-related crimes in 2007. More About: Fraud , Mortgage Fraud , Mortgage
Florida sunset has finally set
2008-03-24 16:00:00 It seems like Florida ?s sunset has finally set. In 2007, 37% fewer people moved to Florida than in the previous year, setting the slowest pace of growth in ten years. More About: Sunset , Finally
Fixed rate home loans are getting higher
2008-03-21 16:00:00 Although the Feds cut interest rates even further on Tuesday, fixed rate home loans are actually getting higher. More About: Home Loans , Loans , Home , Higher , Rate
Another move to help relieve US homeowners
2008-03-20 16:00:00 The Office of Federal Housing Enterprise Oversight is making it easier for Fannie Mae and Freddie Mac to absorb problem loans in an effort to stabilize falling home prices. More About: Move , Homeowners
Housing market slump is really hitting working class families
2008-03-19 16:00:00 Florida?s real estate needs help, as its problems are complicated. Some community activists believe that just because they were her before the next person, that only newer residents should pay the higher costs of a new water supply. More About: Market , Housing , Class , Families , Working
Foreclosure filings jumped 60 percent
2008-03-18 16:00:00 In February, foreclosure filings jumped 60 percent and bank seizures more than doubled. President Bush said yesterday, that "The program is beginning to work, beginning to help. More About: Foreclosure
Suspected cases of mortgage fraud
2008-03-14 16:00:00 Executive deputy chief of the fraud section in the Justice Department's criminal unit, John D. Arterberry announced that law enforcement agencies are cracking down on suspected cases of mortgage fraud. More About: Fraud , Mortgage Fraud , Mortgage , Cases
Another $200 billion to help mortgage market liquidity
2008-03-13 16:00:00 The Federal Reserve plans to lend $200 billion, in an effort to improve market liquidity. They also plan to lend another $200 billion to help mortgage market liquidity. More About: Market , Mortgage , Billion
Criminal inquiry into the biggest mortgage lender
2008-03-12 16:00:00 The U.S. Federal authorities have opened a criminal inquiry into Countrywide Financial, the country?s biggest mortgage lender. More About: Mortgage , Criminal
In denial about our economy
More articles from this author:2008-03-11 16:00:00 Those who are still in denial about our economy being in recession must not understand the gravity of the situation. More About: Economy , Denial 1, 2, 3, 4, 5, 6 |
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