Search for: "Reverse Mortgage"
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14 Mar 2011, 12:26 pm
For more information on reverse mortgages, click here. [read post]
20 Aug 2012, 8:18 am
Reverse mortgages come with drawbacks. [read post]
24 Jan 2012, 10:14 am
Lauderdale, Florida, for his participation as the ringleader of a nationwide $2.5 million reverse mortgage fraud scheme. [read post]
16 Jul 2010, 6:00 am
Reverse mortgage lenders now routinely second-guess power of attorney (POA) documents. [read post]
21 Dec 2011, 12:48 am
., for his participation in a nationwide $2.5 million reverse mortgage fraud scheme. [read post]
4 Apr 2016, 4:00 am
Reverse mortgages have been a popular source of money for retirees since the loan was introduction in the late 1980's. [read post]
14 Oct 2021, 1:51 pm
Additionally, AAG must submit a compliance plan to the CFPB and include links to specific CFPB materials about reverse mortgages in its direct mail solicitations and in welcome communications to borrowers with newly-originated reverse mortgages. [read post]
28 Mar 2014, 3:15 am
The NY Times has a big exposé on the pitfalls of reverse mortgages: Ms. [read post]
24 Nov 2009, 10:30 am
Reverse mortgages are not new, but they have been gaining in popularity. [read post]
3 Jan 2019, 7:24 am
Class Action Suit Charges That Reverse Mortgage Lender and Servicer Cause Homeowners to Accrue Thousands of Dollars of Debt Central Islip, N.Y. [read post]
21 Apr 2014, 6:30 am
The issue of reverse mortgages and inheritances is not a new difficulty. [read post]
10 Oct 2013, 2:00 am
I have been seeing and hearing a fair number of inquiries about the effect of reverse mortgages on an individual's eligibility for Medicaid, with suggestions the answers differ both by type of reverse mortgage contract and by state. [read post]
8 Jan 2016, 6:00 am
Reverse mortgages are loans available to seniors age 62 or older that use the equity in a home to pay out a monthly stream of income until the death of the owner. [read post]
23 Apr 2008, 8:14 am
Gunnarsson explains that reverse mortgages are a popular, but controversial, way for elderly clients to use the equity in their homes. [read post]
8 Dec 2016, 10:24 am
According to the CFPB’s consent order with Reverse Mortgage Solutions (RMS), a reverse mortgage lender, RMS’s advertisements (which included television, radio, print, direct mail, and online advertisements) similarly misrepresented that a consumer with a reverse mortgage could not lose the home and could stay in the home for the rest of the consumer’s life, would have no monthly payments, and the mortgage would… [read post]
5 Mar 2010, 9:25 am
A reverse mortgage, also known as a Home Equity Conversion Mortgage (HECM), allows seniors, age sixty-two and older, to tap the equity in their homes. [read post]
3 Jun 2007, 10:55 pm
Typically, a reverse mortgage will need to be repaid when the home is sold or no longer occupied. [read post]
22 Jun 2020, 5:00 am
Reverse mortgages have been an appealing option for many aged homeowners, because they provide access to the equity in the home when liquid assets are getting used up. [read post]
25 Jan 2022, 12:54 pm
Court of Appeals for the Fourth Circuit recently reversed the dismissal of a putative class action alleging that a mortgage servicer’s fee to borrowers who paid monthly mortgage bills online or by phone was illegal. [read post]
10 Jun 2010, 6:14 am
Are reverse mortgages great for every senior? [read post]
