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« Reverse Mortgage Daily Turns 2
Financial Planner Provides Insight Into FINRA’s Reverse Mortgage Announcement »

Reverse Mortgage News Headlines

November 26th, 2008  |  by admin Published in News, Reverse Mortgage

A few reverse mortgage headlines from the week:

  • Reverse mortgages lure users — and abusers (Davis County Clipper)
  • Mortgage Network Introduces MN 55+ (MarketWatch)
  • Joseloff leads second meeting on affordable housing (Westport Minutemen)

Also, great commentary from Dennis Haber about  the 5:1 Counseling Rule.  Check out his opinion at the link below.

HECM to HECM Reverse Mortgage Refinancing Could be Tricky: The Industry puts up Barriers

Happy Thanksgiving, RMD will return on Monday.

Technorati Tags: Reverse Mortgage,News,HECM,FHA,HUD

    Related Posts
  • HUD Approves Rule For Determining Max Claim Amount & Discounted Mortgage Insurance Premium
  • HUD Provides Guidance For Reverse Mortgage Refinances
  • HUD Establishes Reverse Mortgage Counseling Roster and Standards


  • Question_Mark
    Admin,

    One of the articles this week was good. One was a poor self-promotion with misleading information, and the other was interesting even though its subject was a real estate project.

    The interesting thing about the one article criticizing reverse mortgages were the comments made. They showed how little those defending reverse mortgages really understand them. One tried to defend them using incorrect income tax information which another commentator attempted to tear apart. Others defended RMs by improper reliance on TALC calculations which the commentators made clear by their comments how little they actually understand it.

    As a critic, self-promotion is so distasteful and disgraceful. It is like eating lard.
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