February 6, 2012
Bringing on loan officers from Great Oak is part of our plan to become a major player in the reverse mortgage space. An important option for seniors, we are delighted to be able to provide them to more people in more locations throughout the country.
February 5, 2012
Despite the still-fresh departures of reverse mortgage competitors such as Bank of America and Wells Fargo from the landscape, many lenders say they have seen interest from originators with a competitor that is still very much present in the ...
A reverse mortgage would enable an 82-year-old woman who needs cash to tap the substantial equity in her home. By Liz Weston Money Talk Dear Liz: My healthy and active 82-year-old mother is faced with having to sell her home this year because she's ...
February 4, 2012
CEO and president of TexasLending.com, Kevin Miller, and his co-hosts will discuss the various home loan options available from TexasLending.com including refinance loans, home equity loans, home purchase loans, reverse mortgages and FHA loans on The ...
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' assets - Herald SunHouse Bill 4039, which was heard Friday, would enable the state to continue paying taxes for about 1700 homeowners with reverse mortgages. The bill would leave intact a ban on new participation by homeowners with reverse mortgages, but allow previous ...
CEO and president of TexasLending.com, Kevin Miller, and his co-hosts will discuss the various home loan options available from TexasLending.com including refinance loans, home equity loans, home purchase loans, reverse mortgages and FHA loans on The ...
February 3, 2012
The list of detractors of reverse mortgage has another name added to it: David Chilton, otherwise known as 'the wealthy barber', after the title of this famous book on personal finance. At a speaking engagement Thursday night in Scarborough, Ont., ...
By Mike Colpitts Three mortgage officers and a title agent have been sentenced to federal prison for their parts in a nationwide reverse mortgage fraud scheme that lasted nearly a year, and took advantage of dozens of senior citizens, taking in more ...
February 2, 2012
One of Puerto Rico's largest reverse mortgage lenders is expanding into the United States and plans to carve out a “niche” targeting the Hispanic population. With seven branches and 80 employees, Money House is the second largest reverse mortgage ...