NewRetirement Retirement News Digest : October 2005 - Posts
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NewRetirement Retirement News Digest

Browse the news below to learn about important developments shaping retirement.

October 2005 - Posts

Retirees File Suit Against Lucent Over Health Care
Retirees of Lucent Technologies Inc. filed suit, saying the company illegally overcharged an estimated 120,000 management retirees for their health coverage and terminated coverage for many retirees' spouses. The lawsuit, filed by three retirees Read More
Texas considers allowing reverse mortgage lines of credit
San Antonio Express News, October 25th, 2005 Texas voters began the process to allow the state's residents to tap into their home equity in 1997. Proposition 7 would give them the opportunity to complete the job. After lagging behind the rest Read More
New 'Lock' Keeps Rates Steady (on Reverse Mortgages)
The Wall Street Journal, September 12th, 2005 It's a lock. Lenders recently began offering to lock in interest rates on reverse mortgages, which potentially could allow homeowners to access thousands of dollars in additional equity. Borrowers Read More
The housing market may be at an inflection point
One of the most emailed articles in the New York Times had this to say "A real estate slowdown that began in a handful of cities this summer has spread to almost every hot housing market in the country, including New York.  More sellers are putting Read More
 
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