Archive for June, 2008
Risk Management In Untested Waters: Many See Reverse Mortgages As The Next Big Loan Product
Risk Management In Untested Waters: Many See Reverse Mortgages As The Next Big Loan Product, With America’s 78 million baby boomers just around the corner from retirement, the reverse-mortgage market is poised for explosive growth. But so is the market for risk management, because risk–particularly in the form of fraud–always “follows the money.” [??] Because [...]
Get the Facts Before Choosing Reverse Mortgages
Get the Facts Before Choosing Reverse Mortgages, With all the news about the housing crises, loan defaults and home foreclosures, borrowers are definitely becoming aware of the pitfalls of overextending themselves. I’m continuously receiving questions about the best way to approach a mortgage and how handling debt, particularly mortgage debt, fits into an overall financial [...]
Local Focus: Brooklyn, New York Reverse Mortgage
Brooklyn Reverse Mortgage According to recent studies conducted in the Brooklyn area, an ever growing population of people is looking into reverse mortgage. Reverse mortgage, as we know, is a very unique type of home equity loan where lending companies actually pay the home owners a certain amount for subsistence, with the specified home acting [...]