Posts Tagged ‘mortgage’

After the Chaos – What Types of Mortgages Remain

The subprime mortgage meltdown had a chaotic effect on the US economy and world financial markets in 2008. After the subprime banks closed en masse, the Alt-A lenders were shut down, eliminating all aggressive financing options in the US mortgage market. This has led to a major credit crunch and has had a disastrous effect on the US mortgage industry and overall economy.

Qualifying for a Reverse Mortgage

There is no reason that hard working citizens should have to put their bills before their health care. No one should have to choose groceries or prescription, and yet that is a situation many of our seniors find themselves in. It doesn’t have to be this way.