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New Version of the Kosher HECM Reverse Mortgage Calculator

PHILADELPHIA, Oct. 5, 2017 /PRNewswire/ -- Mortgage Professor LLC has released the latest version of its unique Kosher Reverse Mortgage Calculator designed for seniors. The new features increase both ... read more

Which HECM reverse mortgage best meets your needs?

Among the challenges faced by seniors considering a HECM reverse mortgage is deciding which HECM best ... Concluding comment: The kosher reverse mortgage calculator on my website shows all the options ... read more

THE MORTGAGE PROFESSOR: A new tool for tracking a HECM reverse mortgage

On my site alone there are six calculators and four spreadsheets addressing this problem. HECM reverse mortgages, on the other hand ... be obtained more advantageously by refinancing into a new Kosher ... read more

Union Home and Alliance Deal; Reverse Mortgage Changes; Fed Speeches This Week

And thus, plenty of lenders now have reverse ... Mortgage (HECM) Calculation Software on its Home Equity Conversion Mortgages for Lenders (HECMs) webpage under “Software.” Version 2.5 of the HECM Calc... read more

Mortgage Professor Unveils the Kosher HECM Reverse Mortgage(SM)

PHILADELPHIA, PA--(Marketwired - Aug 31, 2015) - Effective immediately, homeowners aged 62 or over can obtain a Kosher HECM Reverse Mortgage ... price quoted to a new shopper. The senior can verify th... read more

Reverse mortgages: Are they worth it?

I've seen a lot of commercials on TV about reverse mortgages. How do they work and who should consider a reverse mortgage, if anyone? -- Judith Y., New York It's hard to miss ... Development's Home Eq... read more

Assuring price integrity in a dysfunctional market

Seniors who use my kosher HECM reverse mortgage calculator can find the combination of draw options ... The lock price should be the price the lender is quoting on an identical transaction to new shop... read more

The Red/Blue Paradox

This transfer of tax dollars from the states to the federal government is net of tax deductions, including deductions for state taxes ($50 billion in fiscal year 2012) and mortgage interest ... In the ... read more

Trailing Doc, Tax, and Reverse Products; Vendor News; New Lender Programs

“Rob, the number of vendors at mortgage ... younger than HECM’s minimum age of 62. Designers of proprietary reverse mortgages have even begun adding options like monthly term payments to their product... read more

Banking On Allah Devout Muslims don't pay or receive interest. So how can their financial system work?

Spread across the Middle East and beyond are more than 200 Islamic financial institutions: banks, mutual funds, mortgage ... kosher. Or rather, hilal. The result looked a lot like interest, and some a... read more

Is a reverse mortgage a friend or foe?

A reverse mortgage, which lets you convert some of that equity into cash, might just solve the problem. Depending on your health and financial stability, however, it could also create new ... version ... read more

Tiny Cuts, Big Complaints

The answer, presumably, is that the resources diverted to the government's job factory, in terms of new debt and future taxes needed to ... A more sophisticated version of this argument, favored by Pr... read more