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Mortgage Professor about senior mortgages: | ||||||||
Are Reverse Mortgages in the Mainstream?
March 24, 2003 ?I read a lot about reverse mortgages and how they are becoming part of the financial mainstream. Is this true, and if so, why?? Reverse mortgages are picking up some steam, but they have a long way to go. A reverse mortgage is a loan to an ... more... Home Owners Loan Corporation II - a Fable 4 July 2005 Author?s Note: Home Owners Loan Corporation II was established by the Congress on August 7, 2007. The following is a transcript of the chairman?s introductory comments at the first board meeting, held September 12, 2007. ?Before we begin our deliberations on how to ... more... |
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senior mortgages related definitions |
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Mortgage Broker
Mortgage Broker A company or a qualified person that obtains mortgages for borrowers by finding lending institutions, insurance companies or private sources to lend the money. If a person, mortgage broker called a loan officer. A mortgage broker works for you, not for the ... more... Adjustable Rate Mortgage, ARM Adjustable Rate Mortgage (ARM) Also known as a variable rate mortgage. The interest rate on these mortgages changes periodically. Variable or adjustable loans are loans whose interest rate fluctuates over the period of the ... more... |
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More about senior mortgages
Reverse Mortgages A Tax Free Income For Senior Citizens Offset Mortgages: A Dream for Well Off Homeowners What Is A FHA Loan? Who's That Knocking At My Door? Investing To Rent! Seven Steps for a New Home Loan Purchase First-time House Buyers: to Buy or Not to Buy; that is the Question Thousands of Older Americans Are No Longer House Rich and Cash Poor 5 Things Pensioners Applying for a Loan Should Remember Howard Stern is Hot in Real Estate Mortgage Protection Easing Your Biggest Concerns
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