|
Realty Q&A: What to do with a reverse mortgage if you remarry
If a couple takes out a reverse loan, but then one spouse dies and the survivor remarries, it's time to give the lender a call. Even though reverse mortgages are nonrecourse loans, there are reasons to consider refinancing into a new loan.
http://www.marketwatch....
InterContinental Capital Group Opening New Retail Mortgage Office In Boca Raton
BOCA RATON, Fla.----InterContinental Capital Group , a direct to consumer mortgage lender, is pleased to announce the opening of a new office in Boca Raton, FL. Boca Raton offers an ideal business location with a vibrant economic and residential community that the company believes is currently underserved.
http://biz.yahoo.com/bw...
Mortgage company follows Quicken Loans downtown
One Reverse Mortgage LLC, the nation's third largest reverse mortgage lender, will relocate its headquarters from Livonia and join its sister companies, Quicken Loans, Fathead and In-House Realty, in downtown Detroit.
http://www.hometownlife...
Senior Homeowners Save Up to $26,326.47 on Reverse Mortgage Costs
A 62 Year Old Senior with a home valued at $625,000 would save $6,265.23 with the elimination of the servicing fee, $6,000 with the elimination of the origination fee, and now an additional $14,061.24 with the 4% closing cost rebate. This brings the total savings in this scenario to $26,326.47.
http://news.yahoo.com/s...
Governor gets foreclosure protection bill
A bill designed to boost foreclosure protections for renters and older homeowners is headed to Governor Deval Patrick’s desk. The Massachusetts Senate has given final approval to the bill that would bar tenants from being arbitrarily evicted from foreclosed properties and toughen consumer protections for senior citizens considering reverse mortgage agreements. The bill would also [...]
http://wbz.cbslocal.com...
Bill to shield renters, elders on gov’s desk
A bill designed to boost foreclosure protections for renters and older homeowners is headed to Gov. Deval Patrick’s desk. The Massachusetts Senate has given final approval to the bill that would bar tenants from being arbitrarily evicted from foreclosed properties and toughen consumer protections for senior citizens considering reverse mortgage agreements. The bill would also [...]
http://wbz.cbslocal.com...
GBP/USD: Trading the Change in U.K. Mortgage Approvals
As bank lending in the U.K. is expected to weaken in June, the data is likely to reinforce a weakened outlook for future growth, which could spur a reversal in the British Pound as investors weigh the prospects for a sustainable recovery.
http://biz.yahoo.com/fx...
Is reverse mortgage for them?
Dear Bruce: We are an elderly couple in our late 60s. My husband is diabetic, and our insurance does not cover much of his medication, which is very costly. To afford his medicine, he wants to take out a reverse mortgage. He is telling me that if he dies, I would be able to stay in our home until I die or want to sell. The home would require upkeep that I am not able to do. I do not think this ...
http://www.vcstar.com/n...
Foreclosure looms for Schaumburg man locked out of house
Though the neighbors of a Schaumburg man locked out of his house by his mortgage company are planning to help him clean the outside of the property on Saturday, that property could be legally foreclosed as early as today.
http://www.dailyherald....
State panel redirects green loan money
In what appears to be a blow to innovative programs that allow home energy retrofits to be funded through property taxes, the California Energy Commission announced Thursday that it would divert $30 million in public money allocated to help the initiatives... Energy - California Energy Commission - Property tax - Technology - Money
http://www.sfgate.com/c...
Bill to shield Mass. renters, elders on gov's desk
The Massachusetts Senate has given final approval to the bill that would bar tenants from being arbitrarily evicted from foreclosed properties and toughen consumer protections for senior citizens considering reverse mortgage agreements.
http://www.greenwichtim...
Local officials protest halt of green loans
Following a stalemate at higher levels, local governments are taking action against the federal agency that regulates mortgage lending and is blocking county programs that enable homeowners to finance energy retrofitting projects through their property taxes.... Mortgage - Loan - Business - Financial Services - United States
http://www.sfgate.com/c...
Sonoma County resists feds on home energy loans
Renee Hyde, an insurance agent who lives in Sonoma County, could not afford to have solar panels installed on her home until a local program provided $30,000 and allowed her to repay the funds gradually through her property taxes. California and 21 other... California - Sonoma County California - Sonoma County - United States - Counties
http://www.sfgate.com/c...
Anworth Announces Second Quarter 2010 Financial Results
SANTA MONICA, Calif.----Anworth Mortgage Asset Corporation reported today core earnings available to common stockholders of $24.4 million, or $0.21 per diluted share, for the quarter ended June 30, 2010, consisting primarily of $25.8 million of net income less $1.4 million of dividends paid to our preferred stockholders.
http://biz.yahoo.com/bw...
Man shot to death near Shawmut Station
A man approximately 30 years old was shot and killed early this morning in Dorchester, police said. Police responded at about 12:30 a.m. to 3 Dayton St. and found the victim on the ground at the Shawmut MBTA station on Clementine Place, said police Superintendent Rafael Ruiz. The victim, who was not identified, was declared dead at the scene. ... Police - Massachusetts Bay Transportation ...
http://www.boston.com/n...
|