RMNC NEWS FEED! Reverse Mortgage News.

The Reverse Mortgage News Courier provides industry leaders and seniors with latest Reverse Mortgage and Real Estate Finance education and news. http://www.reversemortgagenewscourier.com

Tuesday, December 12, 2006

Congress Adjoins Without Passing HECM Improvements.

 

Congress Adjourns Without Passing HECM Improvements r

Despite some last-minute meetings between NRMLA and congressional staff, the 109th Congress adjourned on December 9 without increasing the Home Equity Conversion Mortgage (HECM) volume cap or other program enhancements contained in the FHA Modernization bill

10th Annual Mortgage Technology Conference: Jan 28-30 2007 Tempe, Arizona

10th Annual Mortgage Technology Conference

January 28-30, 2007, at The Buttes Resort in Tempe, Arizona, for the
industry's most relevant technology conference of the year. This year's
10th
Annual
Mortgage Technology Conference will combine the acclaimed
Mortgage EC and Mortgage Technology conferences into one can't-miss
event that will cover the most pressing technology issues faced by lenders
today.

10 Annual Mortgage Technology Conference

10th Annual Mortgage Technology Conference

January 28-30, 2007, at The Buttes Resort in Tempe, Arizona, for the
industry's most relevant technology conference of the year. This year's
10th
Annual
Mortgage Technology Conference will combine the acclaimed
Mortgage EC and Mortgage Technology conferences into one can't-miss
event that will cover the most pressing technology issues faced by lenders
today.

Sunday, December 10, 2006

GUAM- Pacific Daily News

Retirement's 'unexpected marathon'
Pacific Daily News - Hagåtña,GU,USA
... The "origination'' fee alone typically runs from about $4,000 to $7,000, according to the National Reverse Mortgage Lenders Association. ...

Tracy,California Reverse Mortgage Scam

Businessman accused of mortgage scam
Tracy Press - Tracy,CA,USA
Police arrested a local businessman Wednesday after he was accused of running a reverse mortgage scam on a Tracy couple. Tracy police ...

Senior Loan Center Founders Open California Reverse Mortgage

Lloyd and Bonnie Daniel have opened California Reverse Mortgage Co. at 445 Tyler St. in Monterey.

The husband-and-wife team founded Senior Loan Center in Sacramento in 1992, then sold it to Financial Freedom and ran that company's West Coast division for four years. A former Monterey resident, Lloyd Daniel was a founding member of the National Reverse Mortgage Lenders Association in Washington, D.C.

California Reverse Mortgage Co. can be reached at 333-1929, 333-1922 or at www.careverse.com.