Mortgages
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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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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Reverse Mortgage Daily - January 19, 2010
The US Department of Housing and
Urban Development announced it was expanding a temporary policy to help
borrowers access to FHA mortgage insurance and allow for the quick resale of
foreclosed properties.
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CNN - January 20, 2010
The wealthy have money problems, too -- yeah they do.
Even refinancing a mortgage for their fancy digs or getting
a new loan can be near impossible these days thanks to skittish lenders. And the
higher the loan value, the
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KansasCity.com - January 17, 2010When Thomas Wilson, chairman and CEO of Allstate Insurance Co., scans the
economic horizon, he sees a landscape that requires adaptation: Real estate
remains in the dumps, car sales are sluggish, the unemployment rate
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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 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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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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Marketwatch, September 17th, 2009Back in the good old days, before the crisis of 2008-09, many experts
suggested that all you needed to do was withdraw 4% per year, adjusted
for inflation, from your nest egg. That strategy, experts said, was a
near
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The New York Times, August 26th, 2009When Harvey Clavon took out an exotic mortgage to refinance his home in
Santa Clarita, Calif., three years ago, he thought he knew what he was
doing.Mr. Clavon, 63, was planning to sell the home in a few years and
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Center for Retirement Research at Boston College, July 21st, 2009
Although it remains the goal of many households to repay their mortgage
by retirement, an increasing proportion now enters retirement with a
mortgage. At the same time, households
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The New York Times, July 19th, 2009From the ninth floor of a downtown office building on Wilshire Boulevard, Jack Soussana delivered staggering numbers of mortgages to homeowners during the real estate boom, amassing a fortune.By Mr. Soussana’s own account,
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USA Today, June 5th, 2009Howard Weiss is 77 and scared.
This year, the semiretired distributor from Phoenix
ran into financial problems and stopped making his mortgage payments.
He was told his home was scheduled for a foreclosure auction in May.So
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The New York Times - April 30, 2009
The Senate handed a victory to the banking industry on Thursday, defeating a Democratic proposal that would have given homeowners in financial trouble greater flexibility to renegotiate the terms of their mortgages.
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The Wall Street Journal - April 14, 2009
YUBA CITY, Calif. -- In 2006, Carol Couts, a 66-year-old widow in Yuba City, Calif., was living in her home, payment-free, when a mortgage broker persuaded her to refinance her no-cost mortgage for one that exceeded
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