hecm: Las vegas, NV. Reverse Mortgages non borrower spouse court challenge - 01/12/13 07:05 AM
www.lasvegasmtg.com report: Reverse Mortgage non borrower spouse court challenge by AARP for 3 non borrowing spouses back in 2011 has been revived with a court of appeals reversal of Washington D.C. district court dismissal. This is already affecting new Reverse Mortgage application in Las Vegas, NV.
A lawsuit concerning the non-borrowing spouses of reverse mortgage borrowers was revived again by the decision of a court of appeals after having been dismissed earlier by a Washington D.C. District Court.
 
 
Determined that there were still issues that need be resolved regarding the the liability of the non-borrowing spouse upon the death … (0 comments)

hecm: wwww.lasvegasmtg.com Report: Refinances are King in Las Vegas NV. - 10/08/12 05:44 AM
wwww.lasvegasmtg.com Report: Refinances are King in Las Vegas NV.
 
wwww.lasvegasmtg.com Report: Refinances are King in Las Vegas NV. With little in inventory for the last several months for consumers looking to buy a home in Las Vegas this is a welcome market to keep the mortgage business active. For the last 20 months Refinances have been king for loan officers for a number of loan types.
HARP 2.0 has been the dominating product since the HARP 2.0 Release in April 2012. With the HARP 2.0 changes that allow unlimited LTV for Fannie Mae and Freddie Mac loans that were written … (0 comments)

hecm: www.lasvegasmtg.com Report:Realtor Guide for a Reverse Mortgage for Home Purchase - 03/21/10 08:11 AM
www.lasvegasmtg.com Report: Realtor Guide for a Reverse Mortgage for Home Purchase is not a well known program. With the baby-boomers looking to relocate or downsize their existing homes this financial tool could be of great use to Realtors that market to Senior Communities when qualifying on a fixed income may not work. I have created a PowerPoint Slide show for the Real Estate Professionals to use and get a better understanding on the process and guidelines that are currently in place.
I hope this PowerPoint Presentation will bring some light to this Loan Program and will expand your marketing to Seniors … (0 comments)