Archive for March 2008

The Mortgage Crisis - Blame The feds, Not the Fed?

Mar 31st, 2008 | By Rogan McGillis | Category: Recent Articles

Many prognosticators on the economy blame the Federal Reserve for the current subprime crisis. But a careful look at the evidence shows that monetary policy, whatever its faults, did not cause the subprime mess. At least part of the blame is on the feds, not the Fed.



Refinancing A Reverse Mortgage - Is It Right For You?

Mar 29th, 2008 | By Rogan McGillis | Category: Recent Articles, Reverse Mortgage

Many homeowners who have had their Reverse Mortgage for a while have been asking if it is possible to refinance a Reverse Mortgage and if it woud make sense to do so. The answers are yes, it is definately possible, and maybe, it might make sense depending on your situation. Lets look at a few […]



Government Regulation of the Mortgage Industry - What Role Should They Play?

Mar 27th, 2008 | By Rogan McGillis | Category: Recent Articles

Government regulation of the mortgage industry is a topic of great interest on industry discussion boards across the internet. Should the Goverment get involved or shouldn’t they, this is the basis for the debate.  I doubt I will be able to solve this debate in the space of one blog article but I wanted to […]



Declining Home Values - What Effect Will It Have On Reverse Mortgages?

Mar 26th, 2008 | By Rogan McGillis | Category: Recent Articles, Reverse Mortgage

Many homeowners have seen their equity drop in the last year and it’s likely that this trend will continue in the near future.  The question you may be asking yourself, and the question we are being asked quite often lately, is what effect the decline in the housing market will have on Reverse Mortgages.  This […]



FAQ’s of Reverse Mortgage Settlement

Mar 25th, 2008 | By Rogan McGillis | Category: Recent Articles, Reverse Mortgage

I came across another great post in my web surfing about the issues that can come up with Reverse Mortgage settlements. This is from the Blog of Chris Breck, with Advantage Title Company. If you have further questions about Reverse Mortgage settlements you can also e-mail Chris at cbreck@advantitle.com
“We all know that Reverse Mortgage Settlements can be tricky. You […]



Reverse Mortgages Are So Very Different

Mar 25th, 2008 | By Rogan McGillis | Category: Recent Articles, Reverse Mortgage

The Reverse Mortgage Blog by Dennis Haber recently had some good answers to some poorly written articles. I like to try and find articles from around the web that discuss the pros and cons, as well as misunderstandings of Reverse Mortgages and I found this post to be pretty good.  Here is an excerpt from his blog.
“I’m tired of […]



Reverse Mortgages vs. Equity Sharing Programs - Separating Fact from Fiction

Mar 24th, 2008 | By Rogan McGillis | Category: Recent Articles, Reverse Mortgage

In an article in the Seattle Times, reporter Elizabeth Rhodes reports on the rise of equity sharing programs and how they are better than Reverse Mortgages because they don’t “charge interest.”  The article reads more like a cheesy sales pitch than an investigative piece of journalism and unfortunately for Ms. Rhodes she completely misses the […]



Reverse Mortgages - What influences homeowners’ decisions? Part Two

Mar 20th, 2008 | By Brianna Penley | Category: Recent Articles, Reverse Mortgage

Reverse Mortgages are increasingly become a popular tool with senior homeowners to provide a more comfortable retirement.  But for those who decided against a Reverse Mortgage, what did they cite as their reasons? In part two of our article on the influences affecting seniors in their decision to get a Reverse Mortgage, we are looking at what reasons […]



Reverse Mortgages - How much do they cost?

Mar 19th, 2008 | By Rogan McGillis | Category: Recent Articles, Reverse Mortgage

Interest in Reverse Mortgages has been growing steadily over the years and many seniors are looking for information on these loas now that the availability of traditional financing in the forward loan market has slowed. One of the main questions and concerns that homeowners have when considering a Reverse Mortgage is, “how much do Reverse […]



Reverse Mortgages - What influences homeowners’ decisions? Part one

Mar 18th, 2008 | By Brianna Penley | Category: Recent Articles, Reverse Mortgage

Reverse Mortgages have become more and more common within the last few years, but are they right for you?  What we once thought of as a niche product with limited reasons to take one out, we are now seeing a new trend towards Reverse Mortgages as a staple of retirement planning.  According to a recent study […]