reverse mortgages: How to identify a person that may benefit from a REVERSE MORTGAGE… - 08/27/10 02:15 PM
By Dan Pena
In today's environment many senior citizens have to reach deep into their retirement accounts to pay for unexpected bills such as medical expenses, insurance or home repairs. We are also seeing many of our seniors having to take funds from their retirement accounts to pay for everyday living expenses as their monthly income isn't enough to cover their monthly expenses. And what about those seniors who may not have retirement accounts to fall back on? My goal with this article is to provide helpful information on REVERSE MORTGAGES.
First I would like to share with you a summarized … (3 comments)
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reverse mortgages: Standing Up for Reverse Mortgages and Honest Lenders - 02/07/10 11:36 PM
Standing Up for Reverse Mortgages & Honest Lenders
by DAN PENA of Bend
Reference CBN (Cascade Buisness News) article on Abuses Appear in Reverse Mortgage Market.This artilce was written as a responce to that article about Reverse Mortgages and the loan officers who have abused them.
I have been a lender in Central Oregon for the last 20 years. I have worked with many borrowers over that time period from first time buyers to multimillion dollar buyers. I am older than most lenders now and have experienced just about everything,
I was not a subprime lender, but I know many borrowers … (2 comments)
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