Archive for May 22nd, 2007
Statistics on Florida Reverse Mortgage Lenders
Florida’s top reverse mortgage lenders thru April 2007. Look for Wells Fargo’s lead to fall as the year goes on with Bank of America and Countrywide making noise at the party.
Top Florida HECM Lenders
HECM
Loans
2007
WELLS FARGO BANK NA
784
FINANCIAL FREEDOM SENIOR FUNDI
626
AMERICAN REVERSE MORTGAGE CORP
612
SEMINOLE FUNDING INC
274
SEATTLE MORTGAGE COMPANY
174
OMNI HOME FINANCING INC
173
AMSTAR MORTGAGE CORPORATION
167
PALADIN FINANCIAL SERVICES COR
166
CIRCLE [...]
African Americans targeted by predatory lenders
Statistics don’t lie, however they can be used in many aspects to tell the story the author wants you to understand. Think of these two headlines for instance. One in three Dallas Cowboy fans are overweight. Now take the same data and read the headline, Dallas Cowboys’ fans lead the [...]
Are Reverse Mortgages Bigger in Texas?
None of us would like to run out of gas in the middle of the road, where the gas station is miles away and there is no one present to aid us. The inconvenience is unthinkable more so if you’re only minutes away from home. And in Texas, the possibilities [...]
A Closer Look: Wells Fargo Reverse Mortgage
Wells Fargo Reverse Mortgage
When we retire, the only thing that concerns us is to have a peaceful and relaxing day in your own house but how can you do this if your only source of income is your pension and you have tons of bills from hospitals and other maturing [...]
Reverse Home Mortgage a Real Look
Reverse home mortgage is the transfer of possession of a property by the reverse home mortgagor to the reverse home mortgagee for a particular consideration. The agreement incorporates the right of the reverse home mortgagor to redeem the property by paying the principal amount received during the transfer of possession. [...]
