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, January 16, 2007

Reverse Mortage News Jan 16th

Local Players: Jan. 15
Allentown Morning Call - Allentown,PA,USA
of Amity Township has joined M&T Bank as a reverse mortgage specialist covering Berks, Montgomery, Lebanon, Lehigh and Schuylkill counties. ...

Written-off loan still must be paid
Reading Eagle - Reading,PA,USA
At 89 and 81, your in-laws certainly would be fine candidates for a reverse mortgage. They simply are borrowing against the equity in their home, ...

Monday, January 15, 2007

Aging In-Laws

Reverse mortgage for aging in-laws seems like a terrific idea
commercialappeal.com (subscription) - Memphis,TN,USA
I am trying to get them to take a reverse mortgage and enjoy their remaining years. My wife and I don't want their money; we want them to enjoy it. ...

HECM 100 News

BNY Mortgage Company Brings More Choice to Reverse Mortgages with ...
Earthtimes.org - USA
11 -- BNY Mortgage Company (BNYMC) is changing the face of the reverse mortgage industry with the introduction of HECM 100(TM), the first in what BNYMC sees ...

Sección internacional
Bolsamania.com - Madrid,Madrid,Spain
... Global Expansion is One of the Broadest Since 1970s ... [+]. (PRN) - BNY Mortgage Company Brings More Choice to Reverse Mortgages with New HECM Loan ... [+]

Reverse Mortgages – A Tax Free Income For Senior Citizens
Best Syndication - Pinon Hills,CA,USA
The second type of reverse mortgage is called a Home Equity Conversion Mortgage (HECM). The federal government insures these mortgages and they are backed ...

Sunday, January 14, 2007

Reverse News Jan 13th 2007

Reverse that payment
Daytona Beach News-Journal - Daytona,FL,USA
Instead of celebrating their senior years with a mortgage burning, they're signing papers to take on a new type of loan called a reverse mortgage. ...
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Smart Retirement Shopping
Wall Street Journal (subscription) - New York,NY,USA
The Pros: For seniors with pressing financial needs who are cash-poor but house-rich, a reverse mortgage "can be a beneficial way to get the basic income ...

Reverse News

Mortgage benefits, concerns
AZ Central.com - AZ,USA
A: Because a reverse mortgage is recorded like a first mortgage, there can be no other financing secured by the residence. However, if you have a small ...

Seniors look for a mortgage that delivers peace of mind
AZ Central.com - AZ,USA
So Darlene Branson turned to her home equity to help supplement her monthly Social Security payments by taking out a reverse mortgage. A reverse mortgage is ...