On 7/30/2008 President Bush signed HR 3221 into law which has many significant effects on homeowners. The Bill, in its final form, covered a number of subjects that Congress had been trying to resolve from the modernization of FHA, to foreclosure assistance for homeowners...

Obviously neither Mr. Powell nor FINRA has ever sat across a table from a borrower or a couple who couldn't meet their monthly obligations during these times of rising costs, they never talked to borrowers who had $25 left in their account on the fifteenth of the month

The "comfortable income" many seniors thought they had planned is often eroded by rising costs and incomes which don't keep pace with those costs. Are there any guarantees anymore...?

What better day to talk about obtaining your financial independence than on Independence Day?! I don't think our forefathers ever considered the right to a reverse mortgage when framing the Bill of Rights and our Constitution...

What is the connection, you might ask between reverse mortgages and the price of oil?

But then the credit crunch came that everyone has been reading about that tightened up market liquidity and made these proprietary loans less salable. What once was selling on Wall Street easily is now much more difficult for lenders to find investors willing to take the chance to buy....

When asked why we chose to do this rather than accepting positions with large banks, we tell people it was an easy decision to make, we love what we do, and we believe in servicing our senior borrowers with nothing but the best.

Many people are not aware of all the opportunities available to senior borrowers with the Reverse mortgage program. For example, did you know that HUD does not require any title seasoning or seasoning for time off the market when doing a Reverse Mortgage?

So for the borrower who is really trying to determine the lowest cost reverse mortgage for proprietary or jumbo reverse mortgage programs, they need to also review the missing element the margin.

to really understand Reverse Mortgage charges, I would like to go in the order of a Calculator Results page to explain the various charges you will find