Friday Round-Up: Reverse Mortgages In The News, New LO Comp Concerns

20 May 2012

Friday Round-Up: Reverse Mortgages In The News, New LO Comp Concerns May 18th, 2012  |  by Elizabeth Ecker Published in News, Reverse Mortgage In case you missed it, here’s what happened in reverse mortgage news this week.  Reverse mortgage products made headlines… From a CBS local TV news segment to financial planning publication Registered Rep [...]

Read the full story

Posted in Reverse Mortgage News0 Comments

Chart of the Day: Americans’ Retirement Plans Show “Dramatic” Shift

20 May 2012

Chart of the Day: Americans’ Retirement Plans Show “Dramatic” Shift May 18th, 2012  |  by Elizabeth Ecker Published in News, Retirement, Reverse Mortgage Americans are shifting their retirement expectations in light of the economic downturn and the long term outlook. More than half of workers expect to continue working past age 65, with 16% saying [...]

Read the full story

Posted in Reverse Mortgage News0 Comments

Singapore Facebook co-founder in backlash

18 May 2012

(CNN) – Eduardo Saverin, one of the co-founders of Facebook, gave his first major interview published Thursday in the wake of a growing backlash against his renunciation of U.S. citizenship. Pressure has grown from U.S. lawmakers to tighten tax code on expatriates after press reports surfaced that Saverin – a native of Brazil who became [...]

Read the full story

Posted in Business News CNN0 Comments

Dhaka: A city of chaos, with big plans for the future

18 May 2012

Dhaka (CNN) – Dhaka’s story is one of chaos, congestion and calamity. This city is choked with people, traffic and pollution. At the centre is what has been described as a traffic clot: The jaanjot. A sticky quagmire of rickshaws, cars and vans, it’s the source of much frustration for Dhaka’s 13 million residents. This [...]

Read the full story

Posted in Business News CNN0 Comments

Is the CFPB Creating a “Seismic Shock” Through LO Comp Rule Making?

18 May 2012

Is the CFPB Creating a “Seismic Shock” Through LO Comp Rule Making? May 17th, 2012  |  by Elizabeth Ecker Published in CFPB, News, Reverse Mortgage The question of the Consumer Financial Protection Bureau’s take on the way in which loan originators are compensated has sparked conversation this week following an outline of the CFPB’s plans [...]

Read the full story

Posted in Reverse Mortgage News0 Comments

NCOA to Congress: Take Note of a New Trend in Reverse Mortgage Borrowers

18 May 2012

NCOA to Congress: Take Note of a New Trend in Reverse Mortgage Borrowers May 17th, 2012  |  by Elizabeth Ecker Published in Counseling, News, Reverse Mortgage While some lenders are now marketing to the reverse mortgage borrower who is not looking for a long-term financial fix, some industry affiliates are also beginning to note the [...]

Read the full story

Posted in Reverse Mortgage News0 Comments

Dear Greece: Be careful what you wish for

18 May 2012

“ London (CNN) –  Hello, Greece. The world is again focusing on you. The economic pain and social unrest has rightly made voters and politicians the world over debate austerity, growth and structural reform. What you are going through has made it clear that austerity is not an easy solution. You, the Greek people now [...]

Read the full story

Posted in Business News CNN0 Comments

Dear Greece: Be careful what you wish for

18 May 2012

“ London (CNN) –  Hello, Greece. The world is again focusing on you. The economic pain and social unrest has rightly made voters and politicians the world over debate austerity, growth and structural reform. What you are going through has made it clear that austerity is not an easy solution. You, the Greek people now [...]

Read the full story

Posted in Business News CNN0 Comments

TAGS

Mortgage Loan Calculator

MortgageLoan
$
years
%