Reverse mortgages are not for everyone - Kansas City Star
If you are approaching or already in your 60s you re probably hearing a lot these days about reverse mortgages. They re being touted as a safe way to ensure retirees greater financial security to meet home maintenance expenses, medical needs and

We Ask: When Will the Pain Go Away? - Newsweek
The American economy has been the engine of global growth for the last quarter century. That has been a conscious policy choice by administrations of both parties as well as the objective of the nonpartisan Federal Reserve. We did so not only for our

Lenders cutting back on equity lines of credit - Austin American-Statesman
When economists say that consumers used their homes as ATMs during the recent credit boom, they are often talking about home equity lines of credit a form of second mortgage popular among homeowners looking for a cushion against future cash

State ranked 7th in foreclosures - Rocky Mountain News
Colorado ranked No. 7 in the nation for its foreclosure rate in May, according to a national report released Friday by California-based RealtyTrac. However, local experts continue to criticize RealtyTrac’s figures, saying they overstate the number of

Guest columnist, U.S. Rep. Roy Blunt: High gas prices exact toll - Joplin Globe
Cedar County resident Ted Purvis picked up what amounted to a second mortgage a couple months ago but it wasn t so he could buy a summer lake house at Table Rock. It turns out Ted commutes more than 70 miles each morning from his home in

Peter Boutell, Lending a Hand: Mortgage insurance making a comeback - Santa Cruz Sentinel
When I started originating loans more than 20 years ago, sellers were leery of an offer to buy their home that depended on a loan that allowed a down payment of just 5 percent. A loan with that low of a down payment down was rare and was not trusted