About Reverse Mortgages
Reverse Mortgage Daily, March 11th, 2010During his testimony
in front of the House Financial Services Subcommittee on Housing and
Community Opportunity, David H. Stevens, Assistant Secretary of Housing
for the Federal Housing Administration voiced
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Kaiser Health News, March 7th, 2010Here’s the problem: By the time we need long-term care services we often
don’t have readily available resources to pay for them. Only about
seven million Americans have private long-term care insurance. And, on
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The Wall Street Journal, February 6th, 2010A reverse mortgage is an appealing way to extract cash from your house—but it comes with baggage.
Reverse mortgages, which homeowners who are at least 62 years old
can use to tap their home equity, have become
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Deseret News, February 5th, 2009When given the opportunity, criminals will target whom they perceive
as the weakest among us. And that notion could become even more
apparent as Utah and the nation cope with the bursting of the real
estate and economic
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Reverse Mortgage Daily, January 6th, 2010Irrevocable trusts can now be used for reverse mortgages, according
to Paul N. Lovegrove Esq., President of Attorney Trust Review.
While traditionally reverse mortgages have not been permissible if
the
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PR Newswire - January 19, 2010
Recent headlines pointing to the detriments of reverse mortgages aren't getting
the story straight. One of the nation's leading reverse mortgage lenders,
Generation Mortgage Company™, wants to separate fact from
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The New York Times, January 17th, 2009If you’re a retiree who relies on interest income, you know that the
tap is running dry. In fact, many investors in certificates of
deposits, savings accounts and money market accounts are losing money
once taxes
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Belleville News Democrat - January 11, 2010
It's foolish at a certain age to make New Year's resolutions. We've been
there and done that, which is how we got to be our age.
Besides, you don't need a resolution to be good to yourself in this new year,
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The New York Times, December 25th, 2009WITH 2010 a few days away, there are several tax matters
that wealthy investors need to consider next year. The two at the top
of the list are whether they should convert their taxable retirement account to a tax-free
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The New York Times, December 16th, 2009Would-be borrowers still find most home mortgages tough to get in
this semifrozen credit environment. A major exception is reverse
mortgages for homeowners over age 62. These mortgages represented a
growing market
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Dallas Morning News, December 1st, 2009We are 75
and 69. Our financial situation is good. We live in a "senior citizen
environment" and have a $100,000 mortgage on a $200,000 home. Our
payment is less than $600 a month. We know people are jumping on
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Bankrate, November 20th, 2009Dear Debt Adviser,
Help, I'm about $30,000 in debt. I have about $50,000 in my retirement.
I will be 59½ years old in January. I had to go on disability from a
fall at work. My house is paid for. Should I just take money
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Sacremento Bee, October 28th, 2009
Our three new "Ask the Experts" writers have been busily answering financial questions this month from online readers.Here's a sample of their advice on personal finance, wills/estates and investing.To
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San Francisco Examiner, October 22nd, 2009
A HUD reverse mortgage
can provide seniors with a sufficient cash flow during their retirement
years that can enable them to live more comfortably than they often
could otherwise. Options in a new reverse
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San Francisco Examiner, October 21st, 2009
A government-issued reverse mortgage, or Home Equity Conversion
Mortgage (HECM), is a great way to provide a more solid financial
future for yourself. Sometimes, though, even better deals can be made
possible
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