Archive for July, 2007
Busy as a Bee!
I know I have not been updating much lately, I have been super busy attending conferences and meeting with new lenders. However I am back and have some good information to share in the coming posts. Thanks for reading.
One year suspension of Reverse Mortgage Caps
Senate appropriators have approved a Department of Housing and Urban Development spending bill that includes $100 million for foreclosure prevention counseling.
Sen. Charles E. Schumer, D-N.Y., said the $100 million will go to nonprofit counseling agencies that work with borrowers who are trapped in unaffordable subprime loans. “The current situation in the subprime mortgage market is [...]