Monthly Archives: March 2009

HUD Counseling Protocol Discussed at First NHCA Conference

“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

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

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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