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Reverse Mortgages: MSNBC Consumer Man Gets It Wrong Says Industry Leader July 28, 2010 - I just read an article on reverse mortgages and how they can lead to big trouble. After I read the entire article, I became enraged. www.seniorjournal.com
Realty Q&A: What to do with a reverse mortgage if you remarry If a couple takes out a reverse loan, but then one spouse dies and the survivor remarries, it's time to give the lender a call. Even though reverse mortgages are nonrecourse loans, there are reasons to consider refinancing into a new loan. www.marketwatch.com
Taking steps toward refinancing a rental property I have a rental property that I bought five years ago for $170,000 but now is valued at $120,000. I have a mortgage at 6.75 percent with about $45,000 in equity on the property. I am not in financial difficulty, but I would like to take advantage of low interest rates. Is it possible to refinance my rental home? If so, any tips would be appreciated. www.washingtonpost.com
Sonoma County resists feds on home energy loans Renee Hyde, an insurance agent who lives in Sonoma County, could not afford to have solar panels installed on her home until a local program provided $30,000 and allowed her to repay the funds gradually through her property taxes. California and 21 other... California - Sonoma County California - Sonoma County - United States - Counties www.sfgate.com
Europe's Two-Speed Economy: North Vs. South The danger of a two-speed recovery across the 16-member euro zone, economists warn, is getting worse with every new notch of belt-tightening that European governments apply to reduce high debts and deficits. economix.blogs.nytimes.com
InterContinental Capital Group Opening New Retail Mortgage Office In Boca Raton BOCA RATON, Fla.----InterContinental Capital Group , a direct to consumer mortgage lender, is pleased to announce the opening of a new office in Boca Raton, FL. Boca Raton offers an ideal business location with a vibrant economic and residential community that the company believes is currently underserved. biz.yahoo.com
Slew of new laws go into effect today By Howard Fischer Capitol Media Services PHOENIX Beginning today, cities wont be able to regulate guns or knives. Foreclosure consultants will have their practices restricted. Yellow lights will be at least three seconds long. And it will become a crime to try to create a human-animal hybrid. Much has been made of the high-profile laws that take effect today, ranging from concealed weapons to ... www.svherald.com
ConsumerMan: Beware of reverse mortgages Reverse mortgages are complicated. They can be a godsend to some seniors who have no other way to pay their bills. But they can be a nightmare for people who dont understand how they work. Financial Services - Loan - Business - Mortgage - People www.msnbc.msn.com
Safe at home Safe at home www.pasadenaweekly.com
Seniors will discuss Emily Dickinson The new book list for the Senior Center Book Discussions will be available at the Senior Center and the library beginning Aug. 1. The book discussion takes place on the fourth Tuesday of the month at the Wilton Senior Center at 11; lunch is served at noon. www.acorn-online.com
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