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Reverse Mortgage Loan - News Articles

Bloomberg.com: U.K. & Ireland
Oct 17, 2008
Bloomberg -
By Gavin Finch Oct. 17 (Bloomberg) -- The cost of borrowing dollars in London fell, capping the first weekly decline since July, after central banks around ...
Bank-to-bank lending rates fall; Treasury prices higher - Oct. 17, 2008
Oct 17, 2008
CNNMoney.com -
By Catherine Clifford, CNNMoney.com staff writer NEW YORK (CNNMoney.com) -- Bank-to-bank lending rates dipped again Friday, an indication that government moves to juice the economy with money supply was having an effect. The overnight Libor rate fell to ...
The Associated Press: Rates ease, but credit freeze is still a threat
Oct 17, 2008
The Associated Press -
NEW YORK (AP) — Bank-to-bank lending rates eased further Friday and demand for Treasury bills let up slightly, but there are still signs the companies that need credit most might not be able to get it. Corporate bonds are being issued at the weakest ...
FT.com / Home UK / UK - Libor watch
Saturday, October 18, 2008
Financial Times, UK -
A week ago, the global financial system was a minute away from a fatal heart attack. The defibrillators installed by governments and central banks Women's forum Global financial crisis Special Reports ...
FHA lowers home loan aid cap | news-press.com | The News-Press
Sunday, October 19, 2008
The News-Press, FL -
By DICK HOGAN • dhogan@news-press.com • October 19, 2008 Some Lee County homebuyers could be shut out of the market when the federal government raises the bar on a popular low-down-payment home mortgage program. ...
Business digest: Lead Foundation application due Oct. 27 | news-press.com | The News-Press
Sunday, October 19, 2008
The News-Press, FL -
The Lead Foundation Inc. is wrapping up registrations for its inaugural Lead Lee County class, which begins Oct. 30. The deadline for applications is Oct. 27. The nonprofit, community leadership foundation takes participants on an interactive journey through the community with a focus ...
HeraldNet: You can still get a home loan
Oct 18, 2008
Lynnwood Enterprise, WA -
By Debra Smith Despite what's happening in the international credit market, Vern Holden wants potential buyers to know banks are still lending money to local home buyers. The Mill Creek Windermere broker adds this caveat: Unlike a few years ago, buyers need ...
HeraldNet: A lift for reverse mortgage market
Sunday, October 19, 2008
HeraldNet, WA -
By Tom Kelly One of the most significant developments in the history of reverse mortgages occurred recently when FHA Commissioner Brian Montgomery announced that a new single national limit had been set, eliminating geographical boundaries for many seniors in the country's most ...
Reverse mortgages have downsides, too
Oct 17, 2008
Seattle Post Intelligencer -
By STEVE SANTIAGO For homeowners 62 years and older, a reverse mortgage may seem like an excellent way to tap into home equity, generating much-needed retirement income. After all, the loan typically doesn't have to be repaid as long as the last surviving borrower ...
Mortgage Orb: Content / Residential Mortgage / Reverse Mortgage Origination Grows In FY 2008
Oct 15, 2008
Mortgageorb, CT -
By MortgageOrb.com on Wednesday 15 October 2008 Reverse mortgages continue to be one of the few areas of growth within the mortgage industry, according to the National Reverse Mortgage Lenders Association (NRMLA). Data provided by the Department of Housing & Urban Development (HUD) shows ...
Mortgage Orb: Content / Residential Mortgage / Titan Lenders, Bay Docs Partner On HECM Service
Oct 15, 2008
Mortgageorb, CT -
By MortgageOrb.com on Wednesday 15 October 2008 Titan Lenders Corp., a service provider specializing in closing, funding and post-closing services, and Bay Docs Inc., a document services provider to lenders in the reverse mortgage industry, have partnered to create ...
The Sarnia Observer - Ontario, CA
Thursday, October 16, 2008
Sarnia Observer,  Canada -
Unlike a conventional mortgage where you have loan repayments, reverse mortgages don't require principal or interest payments during your loan's term. ...
Reverse Reengineering of Risk - Articles - Financial Planning
Thursday, October 16, 2008
Financial-Planning.com, NY -
When credit-risk scoring came into usage in the 1970s, it ushered in an era of science-based decision making that was primed to end the judgmental and ...
reportonbusiness.com: Banks cut rates after Ottawa steps in
Oct 11, 2008
Globe and Mail, Canada -
OTTAWA, TORONTO -- Royal Bank of Canada's Barbara Stymiest paused at midday yesterday in the midst of explaining the balancing act that's required to fund a major financial institution during a credit crisis. The chief operating officer had been talking about the ...
globeandmail.com: Co-operation among G7 unprecedented
Oct 11, 2008
Globe and Mail, Canada -
WASHINGTON -- The world's seven big capitalist countries are turning their backs on orthodoxy in order to end the worst financial crisis since the Great Depression. In an extraordinary statement last night, finance ministers and central bank governors from the Group of Seven ...
Financial panic blows chill winds across Canada
Oct 11, 2008
The Gazette (Montreal), Canada -
As of yesterday, it's official. Even if Canada's banking system is considered the world's healthiest and our economy is healthier than most, we still need a little government shelter from a worldwide financial panic that's devastating credit markets. It's not that any of the ...
Dissecting the fallout
Oct 11, 2008
Vancouver Sun,  Canada -
The Sun asked four leading economists and commentators to tell us what they felt was the most significant financial development this week, which economic indicators they are watching most closely, and what lessons we should draw from recent market turmoil. Here is what ...
Ottawa joins bid to boost banks
Oct 11, 2008
Financial Post, Canada -
Ottawa yesterday committed to taking a sequence of escalating steps to protect Canada's banks and prevent a collapse in the financial system as part of a joint plan agreed to in Washington by the world's richest countries. With Canada's banks caught in the grips ...
G7 undermines price discovery
Oct 11, 2008
National Post, Canada -
Speculation raged throughout the day yesterday as to whether the G7 cabal of finance ministers would reach a consensus on a coordinated mass effort to end the global financial crisis. As the day progressed, and the meeting got underway in Washington, many of the worst ...
TheStar.com | World | G-7 sketches a blueprint for recovery
Oct 11, 2008
Toronto Star,  Canada -
WASHINGTON–Canada, once admonished by international financial bodies for an uninspiring economy, is now a senior statesman of the world's wealthiest nations ...

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