Tag Archives: reverse mortgage

New FHA “Short” Refinance Announced

Posted on August 6, 2010 by Tom Wilson

In a recent congressional briefing, economist Mark Zandi and Yale Professor Robert Shiller stated that there is almost $2.4 trillion in mortgage debt on homes in a negative equity position, with $771 billion in negative equity. To try to address … Continue reading →

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New Low-Cost Reverse Mortgage Options

Posted on July 29, 2010 by Tom Wilson

Bob Ambler, Trident’s Senior Reverse Mortgage Consultant, reports that upfront fees on reverse mortgages have fallen substantially in recent months. As more seniors have recognized the benefits of reverse mortgages, Bob explains that competition has increased among lenders resulting in … Continue reading →

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