Tipsreversemortgage.com - Reverse Mortgage News Index

Archives Main Index
index-100708.php
index-091108.php
index-081608.php
index-072208.php
index-060708.php
index-050608.php
index-040808.php

Latest News:

Sunday Star - Times; Wellington, New Zealand - Beware pitfalls of equity release schemes
August 29, 2010 -- EXPENSIVE AND controversial equity release loans, such as ASB's new Home Plus, convert borrowers' homes into lenders' castles. ...

Getting The Most From A Reverse Mortgage Calculator
Not using the reverse mortgage calculator to the fullest can be a mistake. The online calculators that are available will allow you to bypass the salesman,...

Reverse Mortgage Originators Not Clear on New Regulations
As new mortgage-related regulations fly fast and furious across the landscape, originators on both sides of the forward/reverse aisle are scratching their collective heads trying to determine what they can and can't do, ...

Daily Post; Liverpool (UK) - Mortgage rate fall
August 12, 2010 -- NEARLY half of all new borrowers took out a fixed-rate mortgage in June as lenders brought prices down, according to research. The...

Can you explain what a reverse mortgage is in terms one can .
i want to live in this home until my death. at the same time, i require money for living. in this case, i should opt for reverse mortgage with a bank and get money for subsistence. after my death, the bank would sell the home and take ...

Fed Says Reverse Mortgage Loans Pose Risks - ABC News

Problem Bank List (blog)

Fed Says Reverse Mortgage Loans Pose Risks
ABC News
WASHINGTON (Reuters) - The Federal Reserve and other top regulators said on Monday reverse mortgages pose "compliance and reputation risks" for lenders, .
Feds Proposed Mortgage Payment Disclosure For ConsumersWirl News Network
Fed Issues Final Rules on Unfair/Abusive Mtgs,Proposes OthersIMarketnews.com
Fed plans disclosure rules on mortgage paymentsPhiladelphia Inquirer
Mortgageorb -BusinessWeek -Housing Wire
all 588 news articles »

Reverse Mortgage Counseling Toolkit - LoanSafe

Star Global Tribune (blog)

Reverse Mortgage Counseling Toolkit
LoanSafe
All HUD-approved reverse mortgage counselors must provide potential applicants with NCOA's 28-page booklet on home equity and reverse mortgages, .
After Five Month Surge, Reverse Mortgage Applications Down 1.4% During JulyReverse Mortgage Daily
Real Estate Federal Reverse Mortgages IntroducedJabber Lounge
Cheaper Reverse Mortgages May Be Coming (US News World Report)ABCmoney.co.uk
Star Global Tribune (blog) -Providence Journal -Senior Housing News (blog)
all 14 news articles »

Reverse mortgage is expensive form of borrowing
Q: I just checked on a reverse mortgage. I am 63, own my home and have no immediate family. My home is worth about $137,000. I have an outstanding home-equity loan for $10,500. The bank appraised my home at $125,000, because I have the outstanding equity loan. The interest rate is currently 5.49 percent with a mortgage insurance rate of 0...

FHA Raises Annual Premiums Charged to Reverse Mortgage Borrowers
The Department of Housing and Urban Development announced new changes to the mortgage insurance premiums for the Federal Housing Administration's reverse mortgage program on Wednesday...

FHA mortgage insurance set to increase - Examiner.com

FHA mortgage insurance set to increase
Examiner.com
. Insurance will decrease from 2.25 to 1.00 (100 basis points) on most FHA insured loans except Home Equity Conversion (HECM EUR EURœreverse mortgageEUR). .
Benefits of Reverse Mortgage & Hard Money Loans for FloridansStock Markets Review
Florida Reverse Mortgage - A Tax Free Regular Income For RetireesStock Markets Review
Mary Ellen Podmolik Local SceneFOX CT

all 4 news articles »

Housing Crisis Hits Seniors Hardest Reverse Mortgage Master Helping Save Homes - PR-USA.net (press release)

Housing Crisis Hits Seniors Hardest Reverse Mortgage Master Helping Save Homes
PR-USA.net (press release)
Reverse mortgages, designed and insured by the federal government specifically for senior citizen homeowners 62 and older, enable access to a portion of .