JUMBO REVERSE MORTGAGES ARE BACK-NEW TREND?

The first jumbo reverse mortgage product in years has been released by Generation Mortgage. This loan is more appropriate for homes with home values of $500,000.00 to $6,000,000.00. This jumbo product has some unique attributes that might be an insight to the trend in jumbo reverse mortgages. The product requires a minimum FICO score of…

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No Unnecessary Regulations for Reverse Mortgages Please!

May 20, 2010 The Honorable Christopher J. Dodd Chairman, Senate Banking Committee 534 Dirksen Senate Office Building Washington, D.C. 20510 Dear Senator Dodd: I am writing today with regard to a SA 3941, a proposed amendment to S 3217, which is being offered by Sens. McCaskill and Kohl. Though the amendment is no doubt well-meaning,…

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The Financial Health of Aging Seniors

With our current economic challenges, those of us looking forward to retirement need to be well-informed about our financial needs in coming years. And not only pre-retirees, but individuals already in retirement need to be wise to the changing economic environment. The good news is there are trained professionals who keep abreast of changes in…

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Summary of New Health Care Reform Law

Summary of New Health Care Reform Law Recently, two pieces of legislation, the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act of 2010 were signed into law. Together, these pieces of legislation make the most significant reform to health care in the United States since the enactment of Medicare.…

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40 YEAR MORTGAGE VETERAN DESCRIBES HIS EXPERIENCE ATTAINING A REVERSE MORTGAGE WITH ANGELLA – TESTIMONIAL SACRAMENTO, CA

May 9, 2010 Angella, Thank you for an exceptional experience. Here’s something about you other folks may find comforting: Be assured, those who consider a reverse mortgage will enjoy working with Angella Conrard.  I have underwritten or originated residential and commercial real estate loans for more than 40 years.  Angella’s degree of professionalism exceeds all…

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