Reverse Mortgage News

REAL ESTATE WEEKLY
MarketWatch - USA
A reverse mortgage could help you pay for retirement -- or it could cost you and your heirs a lot of money. The housing boom of recent years has fueled ...

California Reverse Mortgage Loans Unlocks Home Equity For Seniors
Best Syndication - Pinon Hills,CA,USA
A reverse mortgage allows the homeowner to convert a portion of the home equity into cash. Unlike a traditional home equity loan (HELOC) or second mortgage, ...

Pros and cons of reverse mortgages
SitNews - Ketchikan,AK,USA
In general, a reverse mortgage converts home equity into cash in several different ways, ranging from monthly payments to an equity line to one-time payouts ...

"Cash-Poor, House-Rich Seniors Discover A Safe, Proven, And ...
Fast Pitch! (press release) - USA
reports Adam Bulyar, CEO, Oasis Reverse Mortgage. "Many cannot afford their mortgage payments, need expensive home repairs, and I've observed that most ...

Housing Bubble and Real Estate Market Tracker
Seeking Alpha - New York,NY,USA
Bank of America Corp. recently [started] a reverse mortgage pilot project in Phoenix… Countrywide Financial Corp. says it expects to launch a new reverse ...

Reverse Mortgages Turn Home Equity Into Income
TheDay - New London,CT,USA
Countrywide Financial Corp. says it expects to launch a new reverse mortgage in 2007. The competition from both is expected to put further downward pressure ...