reverse mortgages

 

Seniors, Homeowners Suffer Most From Shrinking HUD Budget

2:30 pm, April 20, 2011

The recently passed 2011 budget cuts are doing a number on HUD counseling services, and American seniors in particular, who may now be forced to pay out-of-pocket ...

 

Gov't Shutdown Could Freeze Home Sales

4:30 pm, April 08, 2011

A government shutdown would not deprive federal workers of their paychecks, but it will likely put a freeze on many new home sales as many mortgage loans depend on ...

 

AARP Sues Gov’t Over Reverse Mortgages

12:44 pm, March 09, 2011

AARP is suing the Department of Housing and Urban Development on behalf of three seniors who say they are losing their homes because of a spouse’s reverse mortgage.
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Mortgage Modification’s Dirty Little Secret

5:00 pm, March 07, 2011

A new study finds that delinquent homeowners whose mortgages have been sold off may have more trouble landing a loan modification.

 

Why We Shouldn’t Fear Low Down Payments

10:00 am, March 03, 2011

Mortgages with low down payments were widely seen as contributing to the financial crisis, but they are not the same as subprime loans.

 

Reverse Mortgagers See Rising Need, Old Fears

12:00 pm, February 28, 2011

Interest from the 'sandwich generation' about reverse mortgages demands the answering of old fears about them.

 

5 Ways to Tap Into Home Equity

3:30 pm, February 22, 2011

MainStreet highlights a few of the many reverse mortgages that are out there to choose from.

 

New Site Offers DIY Loan Modifications

1:30 pm, February 10, 2011

A new website aims to help people shop for a better mortgage deal by comparing offers from various lenders.

 

Gov't Rolls Out Cheaper Reverse Mortgages

2:30 pm, January 26, 2011

A new government-backed model aims to eliminate the high upfront costs that prevent many seniors from taking advantage of reverse mortgages.

 

Reverse Mortgages Pose Problems for Seniors

10:00 am, December 16, 2010

Reverse mortgages aren’t all they’re cracked up to be for seniors, and it pays to research the spate of other less-complicated options available.

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