Cash for Homeowners - Reverse Mortgages - Home Equity Loans

In tough economic times, reverse mortgages are being touted as a way for qualified seniors to keep possession of their homes and tap into much-needed cash.

José A. ''Tony'' Ruano Mi sagaz esposa suele reír ampliamente ante todo aquel que quiera convencerla de que un producto está garantizado ''de por vida''. La experiencia le ha demostrado que ese tipo de garantía no es real, ni hay quien pueda proporcionarla.

Jun. 30--WASHINGTON -- The housing bubble, lax regulatory oversight and an influx of shady loan professionals have made lawmakers uneasy about the safety and soundness of the popular government-backed reverse-mortgage program.

Q. This comment is in regards to your recent column about reverse mortgages. You told your readers that they can take between 50 percent to 70 percent of their equity in cash from a mortgage lender and that the money doesn't need to be paid back.

SAN DIEGO----Security One Lending has acquired OMNI Reverse in a stock transaction, pending State and Regulatory approvals. The combination of the two organizations will bring together "best of breed" origination forces, mortgage banking expertise, and marketing and fulfillment systems.

Reverse mortgages are becoming a popular option for senior citizens who want to free up the equity in their homes, turning it into cash to supplement their fixed incomes. A different type of home loan, a reverse mortgage is generally only available to ho

The Department of Housing and Urban Development has left elderly borrowers vulnerable to abusive lending practices because of shortcomings in programs that offer reverse mortgages, according to a report released yesterday by the Government Accountability Office.

Missouri Senator Claire McCaskill is big fan of Twitter. Sunday night, she tweeted "I'm going to be on FOX 2 News in the Morning." And that's not all. On Monday in St. Louis, Senator McCaskill will hold a senate hearing a reverse mortgages. She talked about what to expect at the hearing.

It was a television commercial that set Dedra Coldiron on the path to debt freedom five years ago. ?I was going through a divorce and I found myself stuck with all the debt. I had a perfect credit score from before,? said Coldiron, who recently moved from Carrollton to Flower Mound.

MEDFORD, Ore.----LTC Global, Inc. announced today that Brett Carter has joined LTC Global as Director of Business Development of LTC Global's Mortgage Division. Carter's primary duties will include continued participation in the business activities of Next Generation Financial Services , which is a top national originator of HECM reverse mortgage products.