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A Reverse Mortgage: What Questions to Ask
Which is the right place to get information about reverse mortgages for seniors? Moreover, would a reverse mortgage work for us? “The information provided by you is not enough to give a complete solution. But, I have directed your question to Cyndi Stephenson who manages HomeFirst Mortgage Corp, a mortgage brokerage firm in Alexandria” says [...]
Reverse Mortgage Fraud Discussed in the Senate
Whenever seniors and money come together to mix, government overisght is usually not far behind. And rightfully so with the legions of unscrupulous fraudsters in America dedicated to making quick dollars at the expense of grandma and grandpa. Senator McCaskill Senator Claire McCaskill voiced her concerns over issues related to reverse mortgages at a Senate [...]
President Obama’s Refinance Plan
Both the Federal Reserve and the White House have been hard at work deciding exactly what to do with the millions of homes in the market that are in need of help. Bloomberg offers an in depth look at the president’s plan.