AARP PRESENTS SEN. MCCASKILL WITH AWARD FOR WORK ON REVERSE MORTGAGES
The office of Sen. Claire McCaskill, D-Mo., has issued the following news release: U.S. Senator Claire McCaskill today accepted a national award presented by AARP for her legislative work to protect senior citizens from aggressive marketing and predatory lending in the rapidly growing reverse

Publication: US Fed News Service, Including US State News

Reverse Mortgages Can Help Older Homeowners Avoid Foreclosure
Thousands of senior homeowners facing financial squeezes serious enough to threaten foreclosure could be helped if they -- or their lenders, friends or relatives -- became aware of a newly available solution: Reversing foreclosures with reverse mortgages. Research conducted for the American

Publication: The Washington Post

Reverse Mortgages, Senior Homeowners Get a Boost From SEC Ruling
Score a big one for senior homeowners and their lobbyists. Reverse mortgages are likely to be more plentiful in future years - not less - thanks to a major regulatory policy change agreed to last week by the Bush administration. Until the change occurred, consumer advocates said, the rapidly

Publication: The Washington Post

A MORTGAGE IN REVERSE GOVERNMENT-BACKED PROGRAMS CAN HELP SENIOR HOMEOWNERS OBTAIN EXTRA CASH - OR, SOMETIMES A NEW HOUSE.(REAL ESTATE WEEKLY)
Byline: DAWSON MILLS, SPECIAL TO REAL ESTATE WEEKLY There was a time when mortgages only worked one way. A borrower would obtain a loan and, over the life of the loan, pay back the lender, plus interest. Then the reverse mortgage was invented, and it became possible for homeowners 62 and older to

Publication: The Virginian Pilot

Reverse Mortgage Allows Homeowner to Use Equity.
Byline: Catherine Pritchard Jun. 22--Many people reach their senior years with their homes paid off but too little cash put aside to meet their living expenses. For them, a reverse mortgage might be worth exploring. Reverse mortgages allow older people who own their home outright -- or very nearly

Publication: Fayetteville Observer (Fayetteville, NC)

Mainers tap reverse mortgages ; Older homeowners are using the loans to pay bills and supplement income.
EDWARD D MURPHY By EDWARD D. MURPHY Staff Writer Portland Press Herald (Maine) 06-22-2008 Mainers tap reverse mortgages ; Older homeowners are using the loans to pay bills and supplement income. Byline: EDWARD D MURPHY By EDWARD D. MURPHY Staff Writer Edition: FINAL Section: Business Type: News

Publication: Portland Press Herald (Maine)