Owners rethink flexible loans
Akron Beacon Journal - A fixed-rate first mortgage for 80 percent of the home’s value is paired with a variable-rate second mortgage for 20 percent. The borrower avoids paying private mortgage insurance, but also has the risk of rising payments on the adjustable second

Renting Out Your Home With a Reverse Mortgage? Not So Fast.
Washington Post - Fortunately, my sellers were able to locate their private party lender who failed to clear the title when the sellers paid off a second mortgage. DEAR BOB: My son and I own two rental houses in a college town. A property-management firm handles them

Calendar of Events
Register-Mail - Local band Second Mortgage and The Sofa Kings opening. Car show River 2 River Car Show, 9 a.m.- 4 p.m., Standish Park, vehicle entry, $15; vendors, concessions, door prizes, music by 3-D Sound. Garage sale Abingdon Kiwanis Garage Sale, 8 a.m.-noon

Chinese organ trade criticized
Bradenton Herald - He was removed from the U.S. transplant list as required by national eligibility rules. He got a second mortgage on his house and went to Shanghai. “Are we ashamed of what we did? No, we are not,” his wife, Lori, said on their blog, Transplant Tales