Search Blogs
Post Tags
Life After Fannie Mae for Reverse Mortgages
Reverse Mortgage Daily | December 8th 2009 by John Yedinak
With a national Retirement Risk Index forecasting that half of today’s households will not have enough retirement income to maintain their standards of living, the pressure to attract investor interest in reverse mortgages increases. Fannie Mae lo read more
How Does a Reverse Mortgage Work?
Loan Mortgage Credit | December 8th 2009 by R.MAK
There are several people, who do not understand the word reverse in reverse mortgage. So, here I will explain you that what does the word reverse in reverse mortgage refers to. A reverse mortgage is that type of mortgage in which a borrower pays to t read more
Reverse Mortgage Popularity on the Rise (HispanicBusiness.com)
FHA Loan Rates | December 7th 2009 by hendro iskandar
VICTORVILLE -- For many older homeowners who see their retirement accounts go flat and are struggling in a weak economy, a reverse mortgage can be a lifeline to see them through. read more
Need amount of money for urgent equipment? Read This!
News and Info Online Business Internet Marketing | December 5th 2009 by adiw satriani
Some time we need amount of money to infest urgent needs. Then we need it in the short time period. If you have a problem like this, I have one solution for you. May be you need to join Reverse Mortgage. This company was established from 1967 and no read more
Myths, Pros and Cons of Hecm Reverse Mortgages
Mortgage Interest Rates | December 4th 2009 by Rodney Parris
First and foremost; the bank does not, nor do they want to own your home. So why do so many people believe this? Prior to FHA getting involved in 1988, the lenders would take an equity position in their Borrowers homes. That practice has resulted read more
Financial Freedom Raises Correspondent Net Worth Requirements, Mo…
Reverse Mortgage Daily | December 4th 2009 by John Yedinak
Financial Freedom sent out a notice earlier this week announcing it was increasing net worth requirements for wholesale correspondents. According to the notice: Beginning 2010 you will be required to maintain a minimum net worth of $100,000 (with 5 read more
MBA Speaks to House Financial Services Committee About HECM Progr…
Reverse Mortgage Daily | December 4th 2009 by John Yedinak
Mortgage Bankers Association Chairman Robert Story Jr., testified before the House Financial Services Committee at a hearing on the Federal Housing Administration’s Fiscal Year 2009 actuarial report. During his testimony, Story said that protecti read more
New Service to Establish Reverse Mortgage Lenders Online Presence
Reverse Mortgage Daily | December 4th 2009 by John Yedinak
WMD Services has released a new service providing reverse mortgage websites for companies in the industry. Created using Joomla, the service provides a CMS for users to easily add pages, menu items, videos, links, and embedded content like Hun read more
Live Reverse Mortgage Marketing Training Launches
Reverse Mortgage Daily | December 4th 2009 by John Yedinak
Kevin Reichard is rolling out a new series of live events online designed to assist reverse mortgage originators with their website and online marketing strategies. “After attending the NRMLA conference in San Diego last month, I realized how many read more
HUD Publishes FAQ Regarding Proposed Rules for FHA Net Worth Requ…
Reverse Mortgage Daily | December 3rd 2009 by John Yedinak
Only a few days after publishing proposed rules to help reduce risks to the Federal Housing Administration’s single family insurance fund, HUD has published a Frequently Asked Question document addressing the possible changes. The proposed rule wo read more
FHA Management Report Shows $414 Million Positive Value for HECM…
Reverse Mortgage Daily | December 3rd 2009 by John Yedinak
Since the inception of the Federal Housing Administration’s reverse mortgage program, FHA has insured 571,709 HECM loans with a maximum claim amount of $123 billion. According to FHA’s Annual Management Report, 452,196 of those loans with a maxi read more
Data Shows Almost 1 out of 4 Homeowners Underwater
Reverse Mortgage Daily | December 3rd 2009 by John Yedinak
While Michael Stolworthy, a representative from the Office of the Inspector General (OIG) presenting at the NRMLA Reverse Mortgage Annual Conference in San Diego, said that 8% of FHA loans are in default with an additional 5% of the loans 90 days la read more
Reverse Mortgage for Co-Ops Coming Soon?
Reverse Mortgage Daily | December 3rd 2009 by John Yedinak
Homeowners who are looking to get a reverse mortgage on their co-op will be able to soon according to an article from the New York Times. The question was posted in its Real Estate Q&A over the weekend. Eric D. Sherman, a Manhattan read more
Reverse Mortgage: The Good and the Bad
Webpage2day.com | December 3rd 2009 by Arthur
Ever heard of reverse mortgage? Lately, this trend has been hitting homes all over the country. And its happening at the same time that housing prices are soaring and interest rates are at their record lows. Lets take a look at the reasons why despit read more
St. Petersburg, FL–Keep It Safe Seniors (K.I.S.S)–Helping to…
National Foundation For Debt Management, Inc. | December 2nd 2009 by National Foundation for Debt Management, Inc.
National Foundation for Debt Management, Inc. has begun a new program to help build financial knowledge, confidence, and security in seniors. The next session will be at The Sunshine Center in St. Petersburg, FL on Friday, Dec. 5, 2009. Please pass read more
HUD Will Ask Congress to Raise Cap on Insurance Premiums for FHA…
Reverse Mortgage Daily | December 2nd 2009 by John Yedinak
The Wall Street Journal is reporting that the Federal Housing Administration plans to announce measures it is considering to protect its dwindling reserves. According to the WSJ: Shaun Donovan, secretary of the U.S. Department of Housing and Urban De read more
HUD OIG Reiterates Faith in Reverse Mortgage Program
Reverse Mortgage Daily | December 2nd 2009 by John Yedinak
During the “Keeping HECMs Honest – The Inspector General’s Point of View,” session at the National Reverse Mortgage Lenders Association Annual Conference in San Diego last week, Assistant Special Agent in Charge, Office of the Inspector Gener read more
Debunking The Reverse Mortgage Myths
Reverse Mortgage Blog | November 30th 2009 by Gerry Marsh
Carlos Scarpero asked: A reverse mortgage is a government sponsored product for seniors 62 and over to stay in their homes and improve cash flow. Reverse mortgages have gained significantly in popularity in recent years. While they are becoming more read more
Reverse Mortgage: The Good and the Bad
Real Estate Search | November 29th 2009 by Allen Davis
The reverse mortgage is a trend that seems to be hitting homes all over the country. And its happening at the same time that housing prices are soaring and interest rates are at their record lows.... [[ This is a content summary only. Visit my websi read more
Info on Reverse Mortgage
Everything Finance | November 29th 2009 by Tushar Mathur
A Reverse mortgage is a program designed by the Government to help senior homeowners who are 62 years or above and do not have any other income to support themselves.Thus, with reverse mortgage, the senior homeowners can meet their expenses easily wi read more
What is a Reverse Mortgage?
Lucrative Investing | November 27th 2009 by Chris McClelland
I know while the ads have definitely slowed down a bit, there are still many out there that advertise reverse mortgages. So what exactly is a reverse mortgage and is it the right choice for you? First of all, a reverse mortgage is loan that is avail read more
Hecm Reverse Mortgage
Reverse Mortgage Blog | November 27th 2009 by Gerry Marsh
trinity reverse asked: Almost everyone knows what a mortgage loan is, and a good number of those people are familiar with most of the mortgage plans available. It’s a simple concept that aids millions of Americans in financing new houses by ta read more
Reverse Mortgage Calculator
Reverse Mortgage Blog | November 26th 2009 by Gerry Marsh
trinity reverse asked: Reverse mortgages, which are mortgages designed specifically for citizens who are 62 years or older, can be rather confusing to many people. Although the surface aspects of reverse mortgage loans are easy to understand, it is read more
Reverse Mortgage Factsheet, Moving in the Right Direction
Reverse Mortgage Daily | November 25th 2009 by John Yedinak
Developing a simple way to explain reverse mortgages for consumers using one image isn’t an easy task, but that didn’t stop ReverseMortgage.net from trying. The website created its own non-commercial visual with the help of the desig read more
CHIP Reduces Reverse Mortgage Interest Rates
Reverse Mortgage Daily | November 25th 2009 by John Yedinak
Canada’s largest reverse mortgage lender, HomEquity Bank announced that it has significantly reduced its variable rate on CHIP Home Income Plans to 3.75%, signaling a transformative change in the acceptance of reverse mortgages as a viable tool wit read more
Reverse Mortgage Training Reminder, Get Ready For 2010
Reverse Mortgage Daily | November 25th 2009 by John Yedinak
Just a reminder that Sam Collins is providing RMD readers with another free training session on December 1, 2009 at 2:00 PM. Sam will show you how to “Make the Most of the Rest of 2009 and Help you Get Ready with Your Strategic Plan for 2010." read more
Advertising Compliance: Big Issue Facing Industry
Reverse Mortgage Daily | November 24th 2009 by John Yedinak
During the Acceptable Advertising – and the Language You Must Avoid session at the National Reverse Mortgage Lenders Association Annual Conference in San Diego, panelists called advertising the biggest issue we have to deal with because it is the m read more
Product Developed to Protect Borrowers Home Values
Reverse Mortgage Daily | November 24th 2009 by John Yedinak
Working Equity released an interesting solution that allows homeowners to protect 100% of the value of their home even while real estate values fluctuates said a company statement. "We saw an immediate, pressing need for prod read more
Reverse Mortgage Lender
Reverse Mortgage Blog | November 24th 2009 by Gerry Marsh
trinity reverse asked: Reverse mortgage loans are only available for citizens who are 62 years or older. These loans differ from regular mortgage loans in that the homeowner does not pay monthly fees, but instead is paid by the lender. The lender pa read more
The Reverse Mortgage is Meeting the Needs of Seniors in a Big Way
Reverse Mortgage Blog | November 21st 2009 by Gerry Marsh
Tim Robbins asked: In most cases the senior is looking places to find money to off set the major loses they have felt from the banking and investment crisis. The one place that is still a safe haven in many areas is the home, even with declining val read more
Subscribe To