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Are There Restrictions On How I Use The Funds Received From A Reverse Mortgage?

Are There Restrictions On How I Use The Funds Received From A Reverse Mortgage?

Spend reverse mortgage proceeds anyway you want: investing, saving, or splurging on those special treats you always desired. The money is yours. Use it freely each month. The allure of a reverse mortgage bites everyone occasionally. The ability to eliminate … Read More

What are the Qualifications to Receive a Reverse Mortgage?

What are the Qualifications to Receive a Reverse Mortgage?

Discover how easy you can qualify for a reverse mortgage, regardless of income and credit history. Take advantage of your home equity to reduce payments and increase cash flow. The benefits of a reverse mortgage attract most homeowners. The ability … Read More

Reverse Mortgage Top Ten Questions & Answers

Reverse Mortgage Top Ten Questions & Answers

Top 10 Things to Know if You’re Interested in a Reverse Mortgage By Laurie Willis Reverse mortgages are becoming popular in America. HUD’s Federal Housing Administration (FHA) created one of the first. The Home Equity Conversion Mortgage (HECM) is FHA’s … Read More

Fed to continue supporting mortgage market

Fed to continue supporting mortgage market

Ben Bernanke, head of the Federal Reserve, said Monday the central bank will continue to support the mortgage market while bank lending remains constrained, reports National Mortgage News. Here’s more: “We continue to encourage banks to raise additional capital to … Read More

LA Area Port Traffic in October

LA Area Port Traffic in October

Note: this is not seasonally adjusted. There is a very distinct seasonal pattern for imports, but not for exports. Sometimes port traffic gives us an early hint of changes in the trade deficit. The following graph shows the loaded inbound … Read More

Why Mortgage Origingators Should Come To VREBC – Virtual Real Estate Bar Camp

Why Mortgage Origingators Should Come To VREBC – Virtual Real Estate Bar Camp

I had the pleasure of spending 30 minutes this morning with Steve Rosenbaum recording a preview of my “Mortgage Blogging Success” presentation for VREBC – Virtual Real Estate Bar Camp , which is November 17 @ 3:15-3:45 pst. Listen to … Read More

Revisiting Gary Keller’s 33 Touch Strategy

Revisiting Gary Keller’s 33 Touch Strategy

I wrote an article over the weekend at my favorite real estate blog:  Bloodhound Blog .  In Gary Keller’s masterpiece, The Millionaire Real Estate Agent , he recommends a “33 Touch” per year frequency for database follow-up. Back in 2004, … Read More

Fed Chairman Ben Bernanke at Economic Club of NY

Fed Chairman Ben Bernanke at Economic Club of NY

Here is a live video of Bernanke at the Economic Club of NY Here is the CNBC feed. Prepared Speech: On the Outlook for the Economy and Policy How the economy will evolve in 2010 and beyond is less certain. … Read More

Lake Mary Real Estate Buyers Benefit from Tax Credit Extension

Lake Mary Real Estate Buyers Benefit from Tax Credit Extension

Watch the Tax Credit Video here - Lake Mary Real Estate buyer’s are due to benefit greatly from the extension AND expansion of the $8000 First Time Home Buyer Tax Credit. Now it includes the $6500 Move up Buyer Tax … Read More

Business Inventories Decline in September

Business Inventories Decline in September

The Manufacturing and Trade Inventories and Sales report from the Census Bureau today showed inventories are still declining. Click on graph for larger image in new window. The Census Bureau reported: Manufacturers’ and trade inventories, adjusted for seasonal variations but … Read More