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June 2nd, 2007

You are currently browsing the articles from Reverse Mortgage and Loan News written on June 2nd, 2007.

When did reverse mortgages begin?

Congress passed a law in 1988 creating a reverse mortgage loan program that was guaranteed by the U.S. Department of Housing and Urban Development.

Written by charles dennis on June 2nd, 2007 with no comments.
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Kid forges his way to parent’s equity

Reverse mortgages, reverse loans, New windsor loans

Think your kids are hard to deal with? Freeloading, borrowing money and not paying it back? Well what if your son took out a home equity line of credit in your name and fled the country?
Man charged in unauthorized sale of parents’ home

A New Windsor man who allegedly sold his parents’ home without their knowledge is facing larceny and forgery charges, town police said.

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Written by charles dennis on June 2nd, 2007 with no comments.
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