Reverse Mortgage

Dave Ramsey, Money Answer Man 
CBS News - Jan 30 8:30 AM
The radio host and financial adviser responded to Early Show viewers’ queries about budgeting, saving for retirement, reverse mortgages, and more.Save

Online Extra: Reverse Mortgage Resources 
BusinessWeek - Jan 25 3:29 PM
Thanks to soaring property values, many retirees find themselves awash in home equity. But they may not necessarily have ample regular income that pays the bills. If they dont want to sell their homes, a good alternative is a reverse mortgage.Save

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Are You Prepared for The Retirement Red Zone?
WQAD - If your home is paid for when you retire, and you choose to stay in it, you may consider a reverse mortgage. Reverse mortgages pay you a monthly income out of your equity and the money does not have to be repaid as long as you are living in the home

Buying or Selling a Home?
KOLD-TV - These days, the Baby Boomers are approaching retirement. Most of their parents, too, are still living. This unprecedented population of elders has given rise to new financial tools. One among them seems all the rage: the reverse mortgage. Reverse

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Be savvy when selling a life insurance policy
Greenwich Time - You might consider a reverse mortgage, but those can be expensive. Hawking Grandma’s antiques on eBay may bring in some dough, but you might regret the loss of family heirlooms. Selling a life insurance policy you no longer need seems like a perfect

Tapping the House
Forbes - With a reverse mortgage, you can turn your home’s equity into a pile of cash–but at a steep price. When Ed H. Barker recently gave up his full-time job as a college administrator, he found his $2,000 monthly mortgage payments for his La Verne, Calif

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Business Standard Columnists
Business Standard - If you have not made any retirement plans, reverse mortgage can help you in old age. In India, people expect their children to take care of their needs when they retire. And hence a lot of people do not plan their retirement and find themselves

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How much golf home can you afford?
Golf For Women - New to the mix of loans is the reverse mortgage, which allows those 62 years and older to tap the equity of their primary home without the drag of a monthly loan payment. These loan products have soared in popularity over the past year, says Keith

Thank you, Thank you, Thank You
PRWeb - Put the Gold Back in Your Retirement with a Reverse Mortgage The reverse mortgage is a new financial tool that is gaining popularity among seniors (age 62+). It enables them to convert the equity in their homes into tax-free income to use as they

Sony facing formidable rivals, but remains in the game
Greenwich Time - Q: What exactly is a reverse mortgage, and is it backed by the government? — R.C., via the Internet A: A reverse mortgage permits you to gradually take equity out of your home and increase its debt. About 43,000 homeowners took out reverse mortgages

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Reverse-mortage limit may be lifted 
Deseret Morning News - Jan 16 11:30 PM
Seniors looking to get a reverse mortgage may have a little more time to get a federally backed loan based on a bill passed by the House Tuesday.Save
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Gary Crandall, CEO
PRWeb - You do not need any permission to link to any of the pages on this site. Limited copyright is granted for you to use and/or republish any of the press releases on this site for any legitimate media purpose as long as you reference PRWeb as the source

Eric Kinney, President
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What is a Reverse Mortgage?
KCBD - Simply stated, a reverse mortgage is a loan that enables homeowners (age 62 and older) to convert part of the equity in their home into a tax-free income without having to sell the home, give up the title, or take on a new monthly mortgage payment

More charges possible in mortgage fraud case
Inside Bay Area - officers serving a warrant earlier this month to Llamas’ business offices, Property Line Investments, pulled out a dozen boxes of files and several computers as evidence. Investigators said an elderly couple used Llamas to get a reverse mortgage on

Homeowners, Banks, Loans & Foreclosures Locked-in for 2007
Market Wire - FOREBEARANCE WITH REINSTATEMENT OR REPAYMENT PLAN AGREEMENT, (2) LOAN MODIFICATION, (3) SHORT REFINANCE, (4) SHORT SALE, (5) MARKET SALE, (6) INVESTOR SALE, (7) INVESTOR SALE AND LEASE BACK, (8) DEED IN LIEU OF FORECLOSURE (9) REVERSE MORTGAGE, (10

Be savvy when selling a life insurance policy
Greenwich Time - You might consider a reverse mortgage, but those can be expensive. Hawking Grandma’s antiques on eBay may bring in some dough, but you might regret the loss of family heirlooms. Selling a life insurance policy you no longer need seems like a perfect

Reverse Mortgage
KSLA - Americans are living longer than ever before. And seniors are falling victim to predatory loans as they try to get money for retirement. But now there’s a safer option. This house has been Clyde Adam’s pride and joy since 1971. Now the place where he

What to Know About a Reverse Mortgage
WXIX - Reverse mortgages can be good tools to help retiring Americans’ financial stability. But, as with any financial service, potential borrowers need to be careful with whom they do business and beware of scammers looking to take advantage of

Lenders want to work it out
San Francisco Gate - You said the only way to get a reverse mortgage was for the young wife to sign a quitclaim deed to her husband. However, presuming he dies first, won’t that mean the reverse mortgage then comes due and the young wife will be left with the house

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Grace Lines Book Club
New London Day - Grace Lines is an online book club for busy women. It is being facilitated by Sue Banning, a writer in The Day’s Custom Publishing department. Sue blogs evey other Wednesday, giving members of Grace Lines the opportunity to chat about the book. Four

Books help boomers see past retirement
Everett Herald - Elder law attorney Steve Weisman writes with the sandwich generation in mind, providing information on IRAs, 401(k)s, annuities, reverse mortgages, long-term-care insurance and more. “You Can Do It!: The Boomer’s Guide to a Great Retirement” ($26.95

Thinking of retiring completely? Think again
Fort Lauderdale Sun-Sentinel - Weisman writes for both generations with detailed understanding of long-term care insurance, reverse mortgages, investing, IRAs and the latest Medicaid rules. Kiplinger’s “Retire and Thrive,” by journalist Robert K. Otterbourg, is a case study of how

Page 2 of 5
US News and World Report - Home equity also could provide another source of income, as could reverse mortgages. All told, some boomers might find themselves with 50 percent or more of their retirement income needs taken care of. Now, let’s turn to the 401(k). Calculate how much

McDonald Computer Corp.’s Platform Integrates Reverse Mortgage
Forbes - According to the National Reverse Mortgage Lenders Association, the number of reverse mortgages made in the U.S. in 2006 grew 77 percent,” said Jim B. McDonald, founder and president of McDonald Computer Corp. “With this trend’s projected continual

Younger Boomers Putting Off Retirement
Insurance News Net - Elder law attorney Steve Weisman writes with the sandwich generation in mind, providing information on IRAs, 401(k)s, annuities, reverse mortgages, long-term-care insurance, home care, assisted living, nursing homes, living wills and advance health

Thank you PR WEB.
PRWeb - You do not need any permission to link to any of the pages on this site. Limited copyright is granted for you to use and/or republish any of the press releases on this site for any legitimate media purpose as long as you reference PRWeb as the source

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Man charged in $400M pyramid scheme
Chicago Tribune - One victim in Illinois took a reverse home mortgage to fund a $100,000 investment in the time-share scheme. Another put $500,000 of his own money and $305,000 of his mother’s into Kelly’s time-share business. Someone working for one of the purported

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What to Know About a Reverse Mortgage
WXIX - What to Know About a Reverse Mortgage Reverse mortgages can be good tools to help retiring Americans’ financial stability. But, as with any financial service, potential borrowers need to be careful with whom they do business and beware of scammers

Are You Prepared for The Retirement Red Zone?
WRIC TV - If your home is paid for when you retire, and you choose to stay in it, you may consider a reverse mortgage. Reverse mortgages pay you a monthly income out of your equity and the money does not have to be repaid as long as you are living in the home

Buying or Selling a Home?
KOLD-TV - These days, the Baby Boomers are approaching retirement. Most of their parents, too, are still living. This unprecedented population of elders has given rise to new financial tools. One among them seems all the rage: the reverse mortgage. Reverse

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Mexico hotel owner charged in swindle of time-share leases 
Chicago Tribune - Dec 28 5:23 AM
FBI agents have arrested an American hotel owner on charges he ran a $400 million pyramid scheme through the sale of time-share leases in Mexico. Save

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LEX 18 - The page you requested is currently unavailable. Pages on this site are constantly being revised, updated, and occasionally removed. You may have followed an outdated link or have outdated pages in your browser cache. Please use your browser’s BACK

More charges possible in mortgage fraud case
Inside Bay Area - officers serving a warrant earlier this month to Llamas’ business offices, Property Line Investments, pulled out a dozen boxes of files and several computers as evidence. Investigators said an elderly couple used Llamas to get a reverse mortgage on

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