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    The revelations from the U.S. Department of Housing and Urban Development come as the agency’s auditors released a new report showing the insurance fund for taxpayer-backed mortgages has been.

    With an eye toward national expansion, Salt Lake City, Utah-based Primary Residential Mortgage, Inc. (PRMI) has opened its first consumer-direct retail branch focused solely on reverse mortgages..

    Home Foreclosures in 2010 Top 1 Million for First Time Consumer Financial Protection Bureau The Consumer financial protection bureau helps consumers by providing educational materials and accepting complaints. It supervises banks, lenders, and large non-bank entities, such as credit reporting agencies and debt collection companies.Home Foreclosures in 2010 top 1 million for First Time Banks foreclosed on 69,847 properties in December, bringing the year’s total to 1.05 million, topping the prior record of 918,000 homes seized in 2009, real estate data firm RealtyTrac said.Elin Nordegren Make Her Dream Home Elin Nordegren’s dream house plans revealed. elin nordegren.

    Many people are familiar with the homebuying process and the traditional, or "forward," mortgage featuring installment payments made over time. The "reverse" mortgage, though, is still somewhat opaque.

    Reverse mortgages, loans for people age 62 and older, allow. resources that may be available to you as an alternative to a reverse mortgage.

    Reverse mortgages can be a useful financial tool for older homeowners to tap their. Blog · Press Releases · Thought Leaders · Resources for Reporters. Before considering one of these loans, it pays to know the facts about reverse mortgages.. benefits that can be an alternative or supplement to a reverse mortgage.