Monthly Archives: March 2009

HUD Counseling Protocol Discussed at First NHCA Conference

Posted on March 26, 2009 by admin

“Topics included HUD’s effort to prevent lenders from steering borrowers to specific counseling agencies” Continue reading →

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Seniors Seek Reverse Mortgages as Investments, Home Values Fall

Posted on March 18, 2009 by admin

More seniors are researching reverse mortgages to stave off investment losses as home values decline, according to a report by Golden Gateway Financial. The Oakland, Calif.-based brokerage analyzed data collected by its online reverse mortgage calculator along with S&P/Case-Shiller Home Prices … Continue reading →

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Reverse Mortgage Bill Introduced in California

Posted on March 1, 2009 by admin

California Assemblyman Mike Feuer introduced reverse mortgage legislation that would allow borrowers to cancel the loan within 30 days, require lenders to provide a list of all nonprofit counselors in the state that are approved by the U.S. Department of … Continue reading →

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