According to a recent post from The IMB Report, IndyMac reports that
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A great article written by Jeff Opdyke from the Wall Street Journal was published this weekend.  The article discusses his current situation in regards to how he and his family is going to take care of his grandmother who was recently diagnosed with bladder cancer.
Opdyke is going through many of the tough decisions […]

Are you looking to expand your reverse mortgage business?  If you are, private equity might be a resource that you should look into.  According to PEHub in September, Emeryville, CA based Golden Gateway Financial closed $6M in Series A funding.  The first series of funding was led by Menlo Ventures, which invests in different types […]

To follow up on my original post on using a reverse mortgage to stop a foreclosure, I thought I would update everyone on where we are at.  After about a week of waiting, the lender is willing to take a payoff from a reverse mortgage that is $14,000 short!
You would think it would be […]

Right after I posted about Good Morning America doing a positive piece on reverse mortgages, the folks at Nightline decided air something negative.  The story Back-Stabbed by reverse mortgages? aired Thursday night and judging from the title you can guess it didn’t have a positive spin.
Tom Costello reported on a woman who recently took out […]