Blogs / Reverse Mortgage Loans in the USA - News and Information

Reverse Mortgage Loans in the USA - News and Information

We discuss the latest news and commentary about reverse mortgage loans from all around the country.

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  1. rmlusa
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Latest posts

  1. New reverse mortgage legislation calls for more disclosure

    http://www.reversemortgageloansusa.net/Blog.aspx?date=June_2008&title=New_reverse_mortgage_legislation_calls_for_more_disclosure

    New reverse mortgage legislation calls for more disclosurePub Date: Mon, 30 Jun 2008 10:00:00 EST Earlier this month, Governor Carcieri of Rhode Island signed a reverse mortgage legislation that mandates greater disclosure of fees charged by lenders. …

    6 days ago
  2. Reverse mortgage fees protect borrowers

    http://www.reversemortgageloansusa.net/Blog.aspx?date=June_2008&title=Reverse_mortgage_fees_protect_borrowers

    The high closing costs associated with a reverse mortgage is what keeps some seniors away. But one of the reasons that the closing costs are high is because of the mortgage insurance that is required on all HECM Reverse Mortgages.…

    6 days ago
  3. Middle class seniors will probably spend every penny before they die

    http://www.reversemortgageloansusa.net/Blog.aspx?date=June_2008&title=Middle_class_seniors_will_probably_spend_every_penny_before_they_die

    Due to many reasons in this day and age, it is unreasonable for many of us to expect an inheritance. Although the really rich will be fine, as they always are, the middle class and upper middle class will probably spend every cent before they die.…

    10 days ago
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    Reverse Mortgage Loans in Florida - News and Information

    http://www.reversemortgageloansflorida.net/Blog.aspx

    Why house prices rise or fallPub Date: Mon, 12 May 2008 10:00:00 EST During the housing boom a few years ago, it didn’t matter if the door was painted raspberry red or electric yellow, most houses were surging in value. [...] read moreAvoid Cash Out MortgagesPub Date: Fri, 09 May 2008 10:00:00 EST Another type of mortgage that should be avoided is the Cash-Out Financing. These products are also called 103s, 107s, and 125s. [...] read more

  2. Author unknown

    Common reverse mortgage loan terms

    http://money.animeyourlife.net/?p=380

    When you go shopping for a reverse mortgage there are terms that you will see that you may not understand. Here are a few of the most common terms for all loans and a few you will most likely see when shopping for a reverse mortgage. read more

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