Showing posts with label reverse mortgage. Show all posts
Showing posts with label reverse mortgage. Show all posts
Tuesday, February 20, 2018

Massachusetts High Court Reminds Reverse Mortgage Holders- Foreclosure IS possible; Rules that Lenders Don't Have to Spell Out Foreclosure Risk to Consumers

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The Supreme Judicial Court of Massachusetts ruled in favor of a reverse mortgage lender in a foreclosure case earlier this month, finding t...
Wednesday, March 18, 2015

Groups Charge That New HUD Policy Gives Little Relief to Surviving Spouses of Reverse Mortgage Holders

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Consumer advocacy groups are denouncing the U.S. Department of Housing and Urban Development’s (HUD) latest attempt to protect the spouse...
Wednesday, September 10, 2014

Feds Move to Protect Some Surviving Spouses of Reverse Mortgage Holders

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A new federal rule has taken effect aimed at protecting certain spouses of reverse mortgage holders from being forced out of their homes wh...
Monday, February 3, 2014

New Rules Make It More Difficult to Get a Reverse Mortgage

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The federal government has tightened the rules regarding reverse mortgages, making it harder for some seniors to get these types of mortg...
Friday, November 23, 2012

Reverse Mortgages Are Causing Some Homeowners to Lose Their Homes

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A reverse mortgage can be a great tool in the right circumstances, but if you aren't careful you could end up losing your home. A rece...
Friday, January 14, 2011

Thirty Thousand Seniors To Get Default Notices from Reverse Mortgage Lenders

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About 30,000 seniors will receive tough "dun" letters from their reverse mortgage lenders. This largest batch of mortgage delinqu...
Monday, June 1, 2009

A Dramatic Loss of Wealth

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Seniors Scramble for Solutions A recent study suggests that current economic woes affecting the value of real estate will strip most peop...
Tuesday, July 1, 2008

A Dramatic Loss of Wealth: Seniors Scramble for Solutions

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A recent study suggests that current economic woes affecting the value of real estate will strip most people of wealth, with the hardest hit...