Buying More Affordable Than Renting In Most Housing Markets

Buying More Affordable Than Renting In Most Housing MarketsIn the majority of U.S. counties, buying a home is less expensive than renting, according to housing data source RealtyTrac. The monthly house payment on a median-priced home is more affordable than the monthly fair market rent on a three-bedroom property in 76% of U.S. counties, according to RealtyTrac's Residential Rental Property http://bit.ly/1FCTeq0
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CFPB Sues Mortgage Payment Company for False Promises

CFPB Sues Mortgage Payment Company for False PromisesThe Consumer Financial Protection Bureau (CFPB) filed a lawsuit in federal district court this week against an Ohio-based company for alleged false promises of mortgage savings. The suit against Nationwide Biweekly Administration, Inc., Loan Payment Administration LLC, and the companies' owner, Daniel Lipsky, alleges that "Nationwide http://ourhavingfun.tumblr.com/119122065129
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Feds Go After Mortgage Firms for Deceptive Ads, Targeting Elderly

Feds Go After Mortgage Firms for Deceptive Ads, Targeting ElderlyAccording to a press release, the CFPB has filed suit against All Financial Services for false reverse mortgage advertising. The CFPB has also ordered ...See Original Article
Seniors Explain: Why We Got a Reverse MortgageMike Ryan liked what a reverse mortgage could give him: the ability to take equity out of the house, http://www.facebook.com/myloantips/posts/10206608728203578
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Stocks Swings: The Bank of New York Mellon (NYSE:BK), YY Inc. (NASDAQ:YY), Advanced Micro ...

Stocks Swings: The Bank of New York Mellon (NYSE:BK), YY Inc. (NASDAQ:YY), Advanced Micro ...On March 4, it was reported that, After announcing it was getting into the reverse mortgage business last year, The Bank of New York Mellon ...See Original Article
TRUMBULL COUNTY courtsReverse Mortgage Solutions Inc. v. Cheryl L. Payton et al, foreclosure. Midfirst Bank v. Linda Wieteha et al, http://www.facebook.com/myloantips/posts/10206638022655921
To read more on this topicStocks Swings: The Bank of New York Mellon (NYSE:BK), YY Inc. (NASDAQ:YY), Advanced Micro ...

7 Reverse Mortgage Financial Assessment Tips for Originators

7 Reverse Mortgage Financial Assessment Tips for OriginatorsThe reverse mortgage financial assessment, by now, is old news. With its implementation date nearly a month in the past, originators have had even more months to train and prepare for the new rule. As was expected, the assessment is adding time into the reverse mortgage origination process. But those in the field say that See http://www.reverse-mortgageloans.com/7-reverse-mortgage-financial-assessment-tips-for-originators/
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5 Investing Lessons From The Russian Crisis

5 Investing Lessons From The Russian CrisisAs the game progresses, your opponents will reverse mortgage all of their properties for cash and eventually they'll still go broke. As this relates to ...See Original Article
Bob Yeary - We Will Miss YouOver the weekend, Bob Yeary, an advocate for reverse mortgages and a close to friend to many in the industry passed away after fighting cancer. He http://ourhavingfun.tumblr.com/115209308689
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Morris County business news

Morris County business news... vice president of Maverick Funding's Reverse Mortgage Network; and Corey Dubnoff, president of American Financial Resources have been named ...See Original Article
The Opportunity Behind the CFPB's Consumer Complaint DatabaseThe Consumer Financial Protection Bureau's collection and use of consumer complaint data has been a hotly contested issue among lenders http://ourhavingfun.tumblr.com/115120031079
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All Reverse Mortgage Company Targets Tech Savvy Seniors with New Calculator App

All Reverse Mortgage Company Targets Tech Savvy Seniors with New Calculator AppLooking to capitalize on the growing number of older adults going online to find information on reverse mortgages, All Reverse Mortgage Company has recently launched a new calculator app to help prospective borrowers see how much proceeds they may be eligible to receive. Older adults are increasingly becoming more http://bit.ly/1HX2R4F
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Study: Early Savers 66% More Likely to Expect Early Retirement

Study: Early Savers 66 more likely to expect an early retirement than those who start saving in their 30s, due in part to the effects of compounding. MoneyRates.com analyzed survey results of See Original http://www.reverse-mortgageloans.com/study-early-savers-66-more-likely-to-expect-early-retirement/
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Here's How Different Mortgage Rates Stack Up

Here's How Different Mortgage Rates Stack UpMortgage rates are dropping, and VA mortgage rates are notably lower than comparable rates for a FHA loan via the Federal Housing Administration and conventional ones via Fannie Mae or Freddie Mac, a new report reveals. While interest rates fall differently depending on loan type, for all of 2014, 30-year and 15-year mortgage rates moved See Original https://plus.google.com/+Reversemortgageloansallstates/posts/3qFU4BkxSqv
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Reverse Mortgage Lenders Are Hiring Now for New Talent in 2015

Reverse Mortgage Lenders Are Hiring Now for New Talent in 2015With 2015 now under way, and big changes ahead in the reverse mortgage market, lenders are looking for talented professionals to join their teams. As they prepare for a long-awaited financial assessment to take effect in March, lenders are seeking underwriters, originators, processors, and other reverse mortgage professionals. http://www.reverse-mortgageloans.com/reverse-mortgage-lenders-are-hiring-now-for-new-talent-in-2015/
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Info on Strategic Planning; Millennial Impact; Will Bond Market Rally Actually Help Borrowers?

Info on Strategic Planning; Millennial Impact; Will Bond Market Rally Actually Help Borrowers?"The issue is really how quickly the new forward books of business should be required to make up for both the unprofitable reverse mortgage business ...See Original Article
Reverse Mortgage Volume Leaves 2014 on a High NoteFinishing 2014 with a bang, December's home equity conversion mortgage (HECM) http://ourhavingfun.tumblr.com/117091959124
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ReverseVision Restores System Following Outage

ReverseVision Restores System Following OutageReverse mortgage origination software provider ReverseVision has restored access to its system after users were left without access on Friday. As of Saturday morning, the company's system software was back online. The software company, which works with reverse mortgage clients specifically, counts thousands of clients in the reverse space that rely http://www.reverse-mortgageloans.com/reversevision-restores-system-following-outage/
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Lenders Now Hiring Reverse Mortgage Pros - Apply Today

Lenders Now Hiring Reverse Mortgage Pros - Apply TodayWith a slew of new rules taking effect in 2015, reverse mortgage lenders are looking to add some manpower. Job openings abound at companies nationwide - from All Reverse Mortgage and The Money Store to Longbridge Financial and Trinity Reverse Mortgage. Positions include reverse mortgage loan officers, regional sales managers, reverse https://twitter.com/shirlysenior/status/589106355820044288
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FHA To Implement Tougher Credit Standards for Reverse Mortgages

FHA To Implement Tougher Credit Standards for Reverse MortgagesThe news outlet adds that a reverse mortgage is available for senior homeowners aged 62 and above with "equity in their homes that they want to ...See Original Article
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Reverse mortgage rules are changing

Reverse mortgage rules are changingA reverse mortgage is a loan against your home that you do not have to repay as long as you live there. Proceeds from the loan can be paid to you all ...See Original Article
KCG APPOINTS STEFFEN PARRATT AS CHIEF FINANCIAL OFFICER... well as actions taken in response thereto and consequences thereof; (iii) the sale of KCG's reverse mortgage origination and http://www.reverse-mortgageloans.com/reverse-mortgage-rules-are-changing/
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SMART MONEY: Reverse mortgage could become advance on inheritance

SMART MONEY: Reverse mortgage could become advance on inheritanceUsing a reverse mortgage as an advance on inheritance is another matter altogether. It's an interesting way of describing this arrangement, and not ...
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Reverse Mortgage Debate Continues: Best Hope or Last Option?Reverse Focus Weekly Podcast Episode #343 A reverse mortgage: is it the last option or the best http://www.reverse-mortgageloans.com/smart-money-reverse-mortgage-could-become-advance-on-inheritance/
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Reverse mortgages: Not for everyone

Reverse mortgages: Not for everyoneWill I be better off 10 years down the road if I take out a reverse mortgage in order to pay off the balance on my standard mortgage? I am paying 3 ...See Original Article
Zillow: Mortgage Rates Fall, Remain Volatile During Holiday SeasonAs the country heads into 2015, Americans' New Year's resolutions aren't the only thing that will likely prove to be http://www.stumbleupon.com/to/s/8fdf5G
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Congressmen Press HUD Chief on Reverse Mortgage Co-Ops, Stability

Congressmen Press HUD Chief on Reverse Mortgage Co-Ops, StabilityThe Federal Housing Administration (FHA) faced heated questioning by the Republican majority-held Committee on Financial Services on Wednesday regarding the administration's financial status and strategy moving forward. During a more than three-hour long hearing, reverse mortgages were not a major topic of discussion, but http://www.reverse-mortgageloans.com/congressmen-press-hud-chief-on-reverse-mortgage-co-ops-stability/
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Reverse mortgages put borrower's heirs at risk

Reverse mortgages put borrower's heirs at riskThe smiling actor in the commercial suggests a reverse mortgage may be the answer to all your financial concerns. However, the Consumer Financial ...See Original Article
Fund Your Retirement FirstYou can't borrow (aside from perhaps a typically very expensive reverse mortgage) to pay for your retirement. If you later find that you've over-saved http://www.reverse-mortgageloans.com/reverse-mortgages-put-borrowers-heirs-at-risk/
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