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Explain Reverse Mortgage

News and updates about whats happening in the Mortgage and Reverse Mortgage market.

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Explain Reverse Mortgage | explainreverse.blogspot.com Reviews

https://explainreverse.blogspot.com

News and updates about whats happening in the Mortgage and Reverse Mortgage market.

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1

Explain Reverse Mortgage: December 2010

http://explainreverse.blogspot.com/2010_12_01_archive.html

Tuesday, December 28, 2010. JG Wentworth Expands From Structured Settlement To Reverse Mortgage Business. JG Wentworth is planning to expand outside of the structured settlement industry and into the reverse mortgage. The company is currently the largest purchaser of future payment products and is now looking for licensed mortgage brokers or lenders to build a nationwide retail reverse mortgage business. In 2009 they had problems during the financial crisis and filed for chapter 11 bankruptcy protection.

2

Explain Reverse Mortgage: February 2011

http://explainreverse.blogspot.com/2011_02_01_archive.html

Thursday, February 17, 2011. Loan standards curb demand for housing. NEW YORK — Don’t be quick to read strength in the January jump in housing starts. Home builders still face a raft of obstacles, not the least of which is the shrinking number of people able to get a mortgage. Housing starts surged 14.6% in January to an annual rate of 596,000. All of the gain, however, was in apartment buildings of five or more units. The latest survey of senior loan officers compiled by the Federal Reserve in January i...

3

Explain Reverse Mortgage: States: Let's make a deal to help homeowners

http://explainreverse.blogspot.com/2011/03/states-lets-make-deal-to-help.html

Monday, March 7, 2011. States: Let's make a deal to help homeowners. State attorneys general have launched talks with big banks accused of illegally foreclosing on homeowners with the hopes of reaching a deal that could result in more mortgage. Modifications, a top negotiator said Monday. Iowa Attorney General Tom Miller has been leading a 50-state probe into mortgage servicers' foreclosure practices since October. Federal and state officials gave the mortgage servicers a 27-page opening offer late last ...

4

Explain Reverse Mortgage: J.G. Wentworth Expands From Structured Settlement To Reverse Mortgage Business

http://explainreverse.blogspot.com/2010/12/jg-wentworth-expands-from-structured.html

Tuesday, December 28, 2010. JG Wentworth Expands From Structured Settlement To Reverse Mortgage Business. JG Wentworth is planning to expand outside of the structured settlement industry and into the reverse mortgage. The company is currently the largest purchaser of future payment products and is now looking for licensed mortgage brokers or lenders to build a nationwide retail reverse mortgage business. In 2009 they had problems during the financial crisis and filed for chapter 11 bankruptcy protection.

5

Explain Reverse Mortgage: House votes to end emergency mortgage aid

http://explainreverse.blogspot.com/2011/03/house-votes-to-end-emergency-mortgage.html

Monday, March 14, 2011. House votes to end emergency mortgage aid. The House has voted to end a program designed to give federal loans to homeowners who can't make mortgage payments because they've lost their jobs or become ill. Lawmakers approved the Republican-written bill Friday by a mostly party-line 242-177 vote. It marked the second time in two days that the House has voted to end aid for struggling homeowners. Labels: Home loan market. Subscribe to: Post Comments (Atom). Enter your email address:.

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Explain Reverse Mortgage

Monday, March 14, 2011. What you need to know about a Reverse Mortgage. Seniors sixty-two and older may well be in luck, even in these harsh economic times, due to an interesting little thing called a “reverse mortgage.”. A reverse mortgage not like the mortgage you took out to pay for your home – you don’t pay anything but interest to the lender, because you are essentially borrowing money from yourself. What does this mean? Will the lender take your home from you? In a word, no. A reverse mortgage.

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