Archive for August, 2010

Cheaper Reverse Mortgages May Be Coming

Tuesday, August 31st, 2010 Posted in Reverse Mortgage Info | No Comments »

The Federal Housing Administration (FHA) is developing a new reverse mortgage product that sharply cuts up-front payments by home owners but also significantly reduces the percentage of a home’s equity ... Read more..

Real Estate Federal Reverse Mortgages Introduced

Monday, August 30th, 2010 Posted in Reverse Mortgage Info | No Comments »

Up-front real estate payments could soon be reduced for many home-buyers with the aid of a reverse mortgage product being prepared by the Federal Housing Administration (FHA). Real estate will be ... Read more..

Reverse Mortgages Worth A Thought [Opinion]

Tuesday, August 24th, 2010 Posted in Reverse Mortgage Info | No Comments »

FOR many baby boomers, retirement will be a financial juggling act. Without the backing of compulsory superannuation contributions throughout their working life, many may consider a reverse mortgage as a ... Read more..

Exploring Mortgage Options For Seniors

Monday, August 23rd, 2010 Posted in Reverse Mortgage Info | No Comments »

Janet Bush began looking into reverse mortgages about 15 years ago when money became a little tight. Though she didn’t apply for the loan back then, she kept it in ... Read more..

Fed Says Reverse Mortgage Loans Pose Risks

Tuesday, August 17th, 2010 Posted in Reverse Mortgage Info | No Comments »

The Federal Reserve and other top regulators said on Monday reverse mortgages pose “compliance and reputation risks” for lenders, and offered guidance to financial firms on how to avoid such ... Read more..




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