Search for: "Reverse Mortgage"
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27 Jun 2017, 4:01 pm
According to the indictment, he engaged in a home repair and loan fraud scheme that […] The post Reverse Mortgage Schemers Charged appeared first on Mortgage Fraud Blog. [read post]
27 Jun 2017, 4:01 pm
According to the indictment, he engaged in a home repair and loan fraud scheme that […] The post Reverse Mortgage Schemers Charged appeared first on Mortgage Fraud Blog. [read post]
22 Oct 2008, 3:14 pm
Lenders are prevented from requiring borrowers to purchase insurance, annuities, or other products as a condition to obtaining a reverse mortgage. [read post]
24 Oct 2009, 11:16 am
The National Consumer Law Center has come out with a report detailing the risks of reverse mortgages for seniors homeowners. [read post]
14 Aug 2013, 8:33 pm
So What Exactly is a Reverse Mortgage? [read post]
9 Feb 2015, 4:15 pm
To help consumers who already have a reverse mortgage, the CFPB is issuing an advisory with tips on how to plan ahead to protect loved ones from financial hardship brought on by a reverse mortgage. [read post]
28 Oct 2009, 2:52 pm
A reverse mortgage can be a valuable means of support for a senior citizen, allowing the homeowner, aged 62 or higher, to pull equity of his or her home. [read post]
6 Jul 2010, 6:32 am
For more information, AARP has a Reverse Mortgage Guide. [read post]
27 Oct 2008, 9:10 pm
The bottom line: be careful and understand the product before you agree to a reverse mortgage in New York. [read post]
24 Aug 2017, 9:43 am
But unlike a traditional mortgage, a reverse mortgage loan is usually repaid when the borrowers no longer live in the home. [read post]
2 May 2021, 4:58 pm
In addition to having three years of traditional and reverse mortgage ... [read post]
18 Nov 2008, 10:27 pm
Reasons for obtaining a reverse mortgage include paying off an existing mortgage, paying property taxes and getting cash to pay for daily living expenses. [read post]
20 Feb 2007, 7:21 am
See Becky Bartindale, Governor signs bill to halt reverse mortgage scams, Oakland Tribune, Sept. 6, 2006:The new law requires that before getting a reverse... [read post]
16 Dec 2009, 6:00 am
The panel highlighted four key questions reverse mortgage loan officers should consider in determining whether the reverse mortgage will be used as a tool of elder abuse or fraud. 1.Does the senior understand what a reverse mortgage is? [read post]
23 Jun 2015, 12:23 pm
”The post Judge Grants Injunction in Reverse Mortgage Scam appeared first on Mortgage Fraud Blog. [read post]
31 Jan 2014, 8:48 am
The interest rate on a private reverse mortgage is set by the IRS each month and is less than the interest rate on a commercial reverse mortgage. [read post]
19 Mar 2023, 1:08 pm
The Illinois Court of Appeals, First District, recently reversed a trial court’s order dismissing a quiet title lawsuit that alleged a lender's commercial loan agreement violated the Illinois Mortgage Foreclosure Law (IMFL) and was invalid and unenforceable. [read post]
26 Sep 2018, 5:09 am
§ 1715z-20(j) did not alter or limit the lender’s right to foreclose under the terms of the valid reverse mortgage contract where the non-borrower spouse was still living in the home. [read post]
3 Jun 2010, 10:00 am
State Dep't of Health, the New York Supreme Court found that the state doesn't have to deduct reverse mortgage expenses when determining the value of a Medicaid applicant's life estate. [read post]
21 Mar 2008, 9:28 am
Attorneys at SNSFE are investigating the suitability of reverse mortgages for senior investors. [read post]
