Archive for June 4th, 2008

Reverse Mortgage Lender Fidelity Enter Foreclosure Market

I have been hearing and watching various reverse mortgage lenders position themselves as aids to senior homeowners facing foreclosure.  Fidelity Reverse Mortgage is one such lender, offering to both write the reverse mortgage and offer incentives to senior facing foreclosure.  What is your opinion for seniors facing foreclosure that also have substantial equity?
Press Release for [...]