Obama administration revamps mortgage effort
The government’s bold new plot to stem the foreclosure crisis aims to succeed where previous efforts have fallen flat. Yet just as before, the odds are long, and many struggling borrowers won’t qualify. In theory, the effort unveiled yesterday would help millions of troubled homeowners who owe more on their mortgages [...]
Articles tagged with: richmond times dispatch
Written By: bagus on March 30, 2010
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Written By: bagus on March 9, 2010
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Complete Metro Business calendar for week of March 8
MONDAY, MARCH 8 Career-Prospectors, http://www.career-prospectors.com, a job-search networking group, meets every Monday at 7:30 a.m. in the conference room at Long & Foster, 9321 Midlothian Turnpike. Details: Michael Soden, (804) 594-7065. “Retirement Plotting and 401(k) Rollover Options,“ Merrill Lynch and William Kavanagh, noon, Eighth and Main Building, [...]
Written By: bagus on December 28, 2009
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Before you get reverse mortgage, do research
Though aimed at banks and credit unions, the guidelines neatly sum up the potential snares and pitfalls for consumers in the quick-growing reverse-mortgage field. Reverse mortgages typically are restricted to homeowners 62 and older who have untapped equity available in their real estate and want to turn it into [...]
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