Archive for April, 2009
Reverse Mortgage (HECM) Production Chart
Annual HECM Production Chart: The HECM is the federally insured reverse mortgage product. It is insured by the Federal Housing Administration (FHA), a branch of the U.S. Department of Housing and Urban Development (HUD). HECMs account for about 90 percent of all reverse mortgages made today in the U.S. Following are the number of HECM [...]
Read Full Post | Make a Comment ( None so far )Reverse Mortgage: What’s it all about?
Exactly what is a Reverse Mortgage? A Reverse Mortgage is a special type of loan for seniors age 62 and above that can turn the untapped equity in your home and give back – finally – to it’s owner. As the name implies, a Reverse Mortgage works in reverse. Instead of equity growing as the [...]
Read Full Post | Make a Comment ( None so far )Quote source omitted – oops!
Source of quote for Barney Frank: http://gretawire.foxnews.com/2008/09/29/ on-the-record-10pm-programming-note/
Read Full Post | Make a Comment ( None so far )Fannie Mae rides again.
An open letter to all senior homeowners considering a Reverse Mortgage — and professionals who have suffered the recent change in margins! Written April 1, 2009 This blog page is long– it covers events past and present that led us up till today. Anyone seeking a Reverse Mortgage needs to know the facts about Fannie [...]
Read Full Post | Make a Comment ( None so far )Hello everyone. Welcome to my blog!
My friend Adam has been bugging me for months to create a blog. He made one, so he figured I should have one too! I had no idea how to do one or which blog company to use. I’m new to blogging, and frankly never wanted to take the time to do one — so [...]
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