Reverse Mortgage

Walnut Creek Real Estate Lenders Show How a Little Known Secret Helped a Retired, Disabled Grandmother of 37 Never Make … 
[Press Release] PR Web - Feb 20 12:16 AM
Today is the day for which Betty Morris has been praying. Today is the day her reverse mortgage funds and for Betty, she may as well have just won the lottery. Betty is a Grandmother of 37 grandchildren and she has had a hand in raising them all. But times have been tough on her for a while now, but a little more than a year ago, she met Luke Currier and Ed Jeffry of Peregrine Lending in Walnut …Save

Seniors, watch out for the scumbags 
The Woonsocket Call - Feb 07 10:13 PM
As the population ages, the complexion of the Blackstone Valley is changing drastically.Save

Running Your Retirement Numbers 
BusinessWeek - Jan 26 4:51 PM
News services take a detailed look at what you’ve socked away Save

Financial planners deny commission claim 
AAP via Yahoo!7 Finance - Feb 15 8:09 PM
Financial planners have come under fire for pushing products such as reverse mortgages for commissions, but a peak industry body says the claim is unfounded.Save

Knowing the risks 
The Providence Journal - Feb 06 4:43 PM
Rhode Islands public housing agency and advocates for the elderly yesterday announced plans to support legislation and promote public awareness to protect the elderly from becoming prey to risky mortgage lending.Save
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Managing Your Money
USA Today - They’ve also turned to reverse mortgages, borrowing from home equity to receive a stream of income. From 1992 to 2004, the percentage of households 55 or older with housing debt rose to 36% from 24%, the Employee Benefit Research Institute found. The

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Children of Elderly Should Collaborate - Not Litigate 
[Press Release] PR Web - Feb 02 12:10 AM
Many Baby Boomers resort to litigation in an attempt to settle issues with siblings over elderly parents’ care or control of their assets. Winning in court can have far reaching consequences including permanent estrangement from siblings and parents. Attorneys who advocate an alternative to litigation called Collaborative Practice offer insights into this evolving family dispute resolution tool. …Save

Mortgages causing problems for Solano homeowners 
Vallejo Times-Herald - Feb 11 9:04 AM
Foreclosure “is a scary, nasty process,” said Joe Nemec of Benicia’s SkyValley Financial, Inc. And he should know because it happened to him in 1999. “It’s scary and stressful,” Nemec said. “You plan your life and everything’s going fine and then things happen beyond your control.”Save

Lawyer to examine real estate closings 
Morris Ledger - Jan 31 9:47 PM
Handling a real estate closing can be tricky business. Just figuring out what’s going on and how to avoid any unexpected surprises can be an overwhelming task for a person.Save

No longer their House 
Orange County Register - Jan 21 3:18 AM
Orange County’s Republican lawmakers adjust to being in the minority as Democrats including one from Garden Grove take charge.Save

Pros and cons of reverse mortgages: Is it worth it? 
Middletown Journal - Feb 06 9:26 AM
Cash-challenged seniors who want to stay in their own homes have kept reverse mortgages high on the public radar. But, despite glowing testimonials from some customers, not everyone thinks they’re such a good idea.Save

Business at a glance 
Fort Wayne Journal Gazette - Feb 05 2:22 AM
First Federal Savings Bank of Huntington has opened its new office at 402 E. Center St. in Warsaw. Council of Better Business Bureaus has assigned Lake and Porter counties to the BBB of Northern Indianas service area. Call 1-800-552-4631 or 423-4433.Save
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What Is A Reverse Mortgage
Best Syndication - Reverse mortgage is a new kind of loan against your home that you need not pay back as long as you live in that house. With reverse mortgage you can mortgage the value of your home in cash without repaying the loan every month and as well as without

Think and plan before you jump into retirement
Jewish News Weekly - If your home is paid for when you retire, and you choose to stay in it, you may want to look at 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

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What Is A Reverse Mortgage
Best Syndication - Reverse mortgage is a new kind of loan against your home that you need not pay back as long as you live in that house. With reverse mortgage you can mortgage the value of your home in cash without repaying the loan every month and as well as without

Think and plan before you jump into retirement
Jewish News Weekly - If your home is paid for when you retire, and you choose to stay in it, you may want to look at 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

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CBS News - But I strongly advise against a reverse mortgage, because you won’t be leaving your kids a house, you’ll essentially be leaving them a mortgage. Reverse mortgages have the highest interest rates. They are also often fraudulent, and brokers will

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Are You Prepared for The Retirement Red Zone?
WLBT - 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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Weekly business events calendar
Orange County Register - Information: 714-885-9090. Reverse Mortgage presentation for seniors. 10 a.m.-noon. Costa Mesa Community Center, Fairview Room, 1845 Park Ave., Costa Mesa. Information: 877-713-7637. “Meet the Mayor of Lake Forest,” hosted by the Lake Forest Chamber of

Mortgage benefits, concerns
AZCentral.com - Questions and answers about reverse mortgages. Question: Who benefits most from reverse mortgages? Answer: The amount of reverse-mortgage eligibility is determined by the age of the youngest co-owner and the appraised market value of the residence

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