A Reverse Mortgage Can Subject You To Foreclosure If You Don’t Follow The Rules A reverse mortgage is available to senior citizens aged 62 or over. These specialized loans essentially use the equity in a home as the basis for cash payments to the senior. Seniors can utilize these payments to supplement Social Security and […]
Former Financial Terrorist David Trott Announces Retirement From Congress Former Financial Terrorist David Trott aka El Gringo Bandito is leaving Congress at the end of his term. Trott announced his retirement Monday morning. House Republicans were already bracing for a brutal 2018 election and Trott’s retirement doesn’t help. Democrats are giddy as they see another competitive […]
Mr. Cooper Customers Say Nothing Has Changed With Name Change From Nationstar Mr. Cooper Mortgage is the re-branded Nationstar and the verdict is in. Customers say the name is stupid and the commercials are annoying. Customers also say nothing has changed, They still receive the same low-quality service before the name change. The Los Angeles based […]
You CAN Deliver A TKO To Champion Mortgage Reverse Mortgage companies like Champion Mortgage advertise on TV promising reverse mortgages as a way for you to use your home as a cash machine. Reverse mortgage lenders have people convinced they can’t fight their reverse mortgage foreclosure. Yet, MFI-Miami has again debunked the propaganda of sleaze […]
Reverse Mortgages: What You Need to Know I have been inundated with calls about Reverse Mortgages lately. So I have decided to write this article explaining how Reverse Mortgages work and if they are right for you. If you have any further questions, I can refer you to a qualified FHA broker or originator. What […]
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