Search for: "Reverse Mortgage"
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20 Mar 2011, 1:56 pm
Reverse Mortgages allow owners aged 62 or older with a large amount of equity to pull cash from their home. [read post]
1 Mar 2012, 10:51 am
There are two types of "reverse mortgages. [read post]
5 Mar 2010, 1:18 am
These loans are commonly known as reverse mortgages because they allow homeowners who are …Read More... [read post]
27 Sep 2010, 12:03 pm
What is a reverse mortgage? [read post]
10 Mar 2008, 12:46 pm
For many seniors who are rich in home equity but poor in cash, reverse mortgages are becoming a popular option. [read post]
14 Dec 2010, 5:57 am
Seniors should be wary of reverse mortgages, rather than be misled by them. [read post]
30 Oct 2017, 9:59 am
New reverse mortgage laws will affect how much you can borrow. [read post]
19 Sep 2023, 11:23 am
In an action by a group of borrowers who alleged a fraudulent reverse mortgage scheme, the Appellate Court of Illinois, First District, recently affirmed the trial court’s judgment against the borrowers, and held that neither the discovery rule nor the continuing violation rule tolled the five-year statute of limitations for the borrowers’ declaratory judgment claims, making them untimely. [read post]
28 May 2012, 4:31 pm
What is a reverse mortgage? [read post]
3 Dec 2017, 5:00 pm
A home equity conversion mortgage, commonly known as a reverse mortgage, allows seniors to tap into the equity in their home. [read post]
19 May 2020, 7:40 am
The reverse mortgage or more properly the Home Equity Conversion Mortgage (HECM) has been around for a while. [read post]
29 Feb 2012, 5:00 am
Here is the list. 5 Charged for Mortgage Fraud Involving Double HUD-1s Hard Money Lender Pleads Guilty to Defrauding Borrowers Reverse Mortgage Scammers Sentenced Serial Fraudster Admits Real Estate Fraud Real Estate Agents Charged With Flipping Scheme Real Estate Investor Admits Rigging Bids at Auctions Broker Sentenced for Occupancy Misrepresentations Fraudster Admits Lying About his Income to Obtain Loans Developer Admits Submitting False Documents to Lenders … [read post]
27 May 2010, 4:01 am
All the fraudulent reverse mortgages involved inflated appraisals. [read post]
25 Aug 2017, 10:00 am
AUGUST 24 PRESS RELEASE RE-POST:CONSUMER FINANCIAL PROTECTION BUREAU REPORT WARNS THAT TAKING OUT A REVERSE MORTGAGE LOAN CAN BE AN EXPENSIVE WAY TO MAXIMIZE SOCIAL SECURITY BENEFITSCFPB Releases Consumer Guide and Video Explaining Reverse Mortgages WASHINGTON, D.C. [read post]
30 Jun 2012, 7:51 pm
Reverse mortgages require no monthly mortgage payments, but borrowers must still pay property taxes and homeowner’s insurance. [read post]
23 Aug 2013, 7:34 am
Yesenia Pouparina, aka Yesenia Campos, 42, Miami, Florida, a title agent and former mortgage broker, was sentenced for her role in a reverse mortgage loan fraud scheme. [read post]
16 Sep 2010, 8:00 am
During the processing counselors must now gather information from the prospective reverse mortgage borrower to examine the elder’s ability to maintain the reverse mortgage, including taxes and insurance premiums. [read post]
16 Sep 2010, 8:00 am
During the processing counselors must now gather information from the prospective reverse mortgage borrower to examine the elder’s ability to maintain the reverse mortgage, including taxes and insurance premiums. [read post]
13 Apr 2010, 2:16 am
According to the charges and other information presented in court: Reverse mortgages …Read More... [read post]
3 Aug 2015, 10:15 am
David Mark, who now lives in New Orleans, was convicted in April 2013 in Las Vegas of conspiracy and fraud charges in one of […] The post Prosecutors faulted in reversal of Vegas mortgage fraud conviction appeared first on Mortgage Fraud Blog. [read post]
