In response to their growing popularity, ALendingPro.com has begun to specialize in, and offers reverse mortgages to qualified senior citizens. In previous years, only about 50,000 reverse mortgages were acquired, but this figure is expected to rise dramatically as the "baby boomer" generation ages. Many see reverse mortgages as the new key to making the assets of [...]
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Judges in at Least 5 States Have Stopped Foreclosure Proceedings Because Banks Couldn’t Prove Mortgage [...] Recent news I wanted to share…. Top lenders react to drop in house values WASHINGTON — In one brief phone call, Nancy Corazzi’s lender yanked away what was left of the $95,000 home equity line of credit that she and her husband took out five months ago. The lender informed her that her Howard County, [...] Six of the big mortgage companies involved the Hope NOW Alliance announced that the Alliance is expanding its efforts to help homeowners facing foreclosure. The rate freeze program announced by President Bush in December applied only to borrowers who were facing resets on subprime adjustable rate mortgages but who were current, in fact had never been delinquent, [...] |
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