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Mortgage Firm Ex-Prez Sued For Running $30M Scheme (Compliance Reporter)  The Securities and Exchange Commission has charged Salvatore Favata , the former president of National Consumer Mortgage in California for raising more than $30 million from approximately 233 investors in


D.R. Horton posts strong profit  D.R. Horton Inc. , the No. 1 U.S. home builder, on Wednesday posted a better-than-expected fiscal fourth-quarter profit and raised its outlook for the current year on strong demand nationwide.read


Atlas Mining Company Completes Settlement of American National Mortgage Partners Debts (Business Wire via Yahoo! Finance)   Atlas Mining Company announced today that the Company completed its requirements toward the full settlement of the American National Mortgage Partners debts owed by the Company. In January 2005,


Greenspan: Investors beware  Alan Greenspan is trying to tell us something. He can be a tough fellow to decipher, but in this case his message seems clear: This may be a good time


Why You Should Refinance Now If You Have an Adjustable Rate Mortgage (Benton Evening News)  (ARA) - If you took out a mortgage on your home between 2002 and 2005, chances are good you ended up going with an adjustable rate mortgage or ARM. Back


Helping buyers and sellers make an informed decision  Kent Jensen wants the process of buying or selling your home or business to be a little smoother.read more...

October 31st, 2006

Is a Reverse Mortgage A Good Option for You?

Demand for the loans have risen but costs may make these mortgages a poor choice, although they may work for some cash-strapped seniors. We offer a guide to computing the pluses and the risks.

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