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Reverse Mortgage News:

City Sues Mortgage Lenders (CBS 42 Birmingham)
The City of Birmingham files suit against mortgage companies, accusing them of "predatory lending."..

SAVE THE DATE: Seminar to discuss reverse mortgages (Courier-Post)
The South Jersey Federal Credit Union in Deptford has scheduled a seminar on reverse mortgages 9 a.m., Dec. 6, at the Ramada Inn, 2216 W. Landis Ave., Vineland. For homeowners 62 and older...

PR Newswire - Bankrate: Mortgage Rates Plunge on Signs of Credit Thaw
October 23, 2008 -- NEW YORK, Oct. 23 /PRNewswire-FirstCall/ -- Mortgage rates reversed course in a big way this week, with the average 30-year fixed mortgage rate...

Business Wire - Thornburg Mortgage Announces Further Extension of the Exchange Offer and Requests NYSE Approval to Issue Amended Exchange Offer Consideration
October 30, 2008 -- SANTA FE, N.M. -- Thornburg Mortgage, Inc. (NYSE: TMA), announced that it is extending the expiration of its Exchange Offer and Consent Solicitation...

ICFE Bows Home Certified Equity Mortgage Conversion Specialist Course (Centre Daily Times)
America's seniors are getting bombarded with ads on TV urging them to get a reverse mortgage. More professionals need to be trained and qualified to provide retirees and elderly homeowners with competent, valuable guidance on home equity conversion mortgages...

Oakland Tribune - Real Estate calendar 11/2
November 2, 2008 -- Buyers and sellers Amador Valley Adult & Community Education, 215 Abbie St., Pleasanton. Registration information: 925-426-4280,...

LibertyStreet Financial Launches Reverse Mortgage Program - Mortgageorb

LibertyStreet Financial Launches Reverse Mortgage Program
Mortgageorb, CT - Nov 12, 2008
By MortgageOrb.com on Wednesday 12 November 2008 LibertyStreet Financial Group has established the Trust & Transparency HUD/FHA Reverse Mortgage Program, .

New rules make reverse mortgages a better deal (KSBY San Luis Obispo)
The rules have changed, making reverse mortgages an attractive option for more senior citizens. You can get more cash out of your home, and you can even use the money to buy a new home...

Market Wire - New Reverse Mortgage Data Shows Senior Citizens Face Declining Home Values and Increasing Forward Mortgages
October 29, 2008 -- Golden Gateway Financial, the Web's mostcomprehensive financial resource for seniors and retirees, today releasedthird quarter usage data from its...

Hope For Home Owners | Reverse Mortgage
Beginning in 2009 Seniors (over 62) will be able to purchase a home with a Reverse Mortgage. Credit and income will not be a factor. A down payment, based on the age of the borrower, will enable the purchase of a home with a loan not ...

Reverse Review EUR November 2008 Edition
This months feature article is about REO flipping schemes targeted towards seniors. Read this an other articles at the link below. The Reverse Review. Technorati Tags: Reverse Mortgage,News,HECM,FHA,HUD,Reverse Review,Magazine...

PR Newswire - 1st Reverse Financial Services Expands Mid-Atlantic Retail Sales Presence
October 22, 2008 -- WESTMONT, Ill., Oct. 22 /PRNewswire/ -- 1st Reverse Financial Services, LLC (1st Reverse), a subsidiary of Wilmington Savings Fund Society, FSB...