Archive for February, 2009
Reverse mortgage lending limit makes new Stimulus Bill
In section 1204 of the Senate’s (page 30-31 of Conference Report on H.R. 1, American Recovery and Reinvestment Act of 2009) the Reverse Mortgage made the cut. From the White House website link you can find this information. SEC. 1204. FHA REVERSE MORTGAGE LOAN LIMITS FOR 2009. For mortgages for which …
Reverse mortgages mentioned in rethinking retirement article.
This website has often mentioned the notion of having financial planners consider the use of reverse mortgages as possible tools in their planning arsenal. Some financial planners are up to speed on the effective cash flow capabilities a reverse mortgage can provide and others are not very well versed …
California Reverse Mortgage Information
The California Reverse Mortgage climate is continuing to grow strong. After a record numbers and as credit becomes easier to obtain expect many more reverse mortgages to be completed this year. With Los Angeles and Orange County leading the way rest assured that the impact of the economy has helped to erode much of the [...]