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Peter Boutell, Lending A Hand: Use Reverse Mortgage To Purchase Or Re#Finance A #Home | AutoTraffic

Peter Boutell, Lending a Hand: Use reverse mortgage to purchase or refinance a home

Did you know that if you are age 62 or older, you could buy a home with a reverse mortgage. While reverse mortgages have become a popular way of creating cash by using the equity in your home, few sen... read more

Reverse Mortgage Funding Looks to Attract ‘Forward’ Brokers with New Software

N.J.-based firm hopes will make Home Equity Conversion Mortgages more accessible to “forward” lenders. The company’s new “Loan Qualification” engine allows brokers who use its proprietary Tango Revers... read more

Americans are not Shopping Smart for Mortgage Loans

Homeowners appear to be less than savvy shoppers when it comes to finding a mortgage to purchase or refinance their homes ... have obtained a quote from only one lender and to make less use of technol... read more

Mortgage Hunting, Palo Alto? A Slew Of Loan Fees Will Apply

Let's cut to the chase -- obtaining a mortgage to buy a home or refinance one you ... and more importantly, the loan to value which is a significant driver of risk, i.e. cost that is unknown without a... read more

Weekly Commentary: Contemporary Finance's Defect

The old mortgage duration problem: When rates jump, borrowers are less likely to refinance ... Carmiel): "Rent or buy? It's a common debate among people shopping for a home in New York City. read more

Peter Boutell, Lending a Hand: A reverse mortgage requires no mortgage payments

Jumbo reverse mortgages are not currently available for purchase transactions, only refinance ... loan to be denied. A recent bankruptcy is the only credit related situation that may disqualify a pers... read more

Ten Years Later: What did the Financial Crisis Teach Us?

“I went home and looked at its return expectations ... Lehman and Tishman’s Archstone-Smith deal is perhaps emblematic of the heady use of leverage during the pre-crisis high, described by the Financi... read more

Pensions reform: all eyes are on the family home

As Treasurer during the temporary commodity boom, Peter ... home. Essentially what the CIS is suggesting is that the Government regulate a national reverse mortgage scheme in much the same way as priv... read more

The Not-So-Bright Spot in the Gloomy Housing Report

Distressed home ... on the other hand didn’t start falling until 2007. So today’s sales drop may be a leading indicator of another drop in house prices. Second, as Felix Salmon points out at Reuters, ... read more

Here is What's Wrong With Bank of America (NYSE: BAC)

If you have a mortgage with Bank of America (NYSE: BAC) and want to refinance, don't bother. You are not worth the bank's time. Or at least I wasn't. That's what I learned first-hand last week when I ... read more

American Capital Mortgage Investment's Management Discusses Q2 2013 Results - Earnings Call Transcript

American Capital Mortgage Investment (NASDAQ ... 10% to 15% due to the increase in mortgages rates we could see some deceleration. Further as refinance activities slows and bank portfolios becomes mor... read more

Reuters: Industry and Government Move to Address HECM Defaults

Peter Bell, President of the National Reverse Mortgage Lenders Association told Reuters that none of the agencies wanted to take the lead and clarify how to handle the defaults, so a backlog grew. “Fo... read more
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