Reverse Mortgages – Is It A Good Idea For You?

[ad_1] Reverse mortgages are one of the biggest growth areas in mortgages Business These mortgages provide an opportunity for older people to obtain cash based on the equity in their homes or condos. When a reverse type mortgage is used, the lender makes payments to the homeowner at an agreed-upon rate. The homeowner doesn’t have … Read more

Injunctions in Federal Health Care, Securities & Bank Mortgage Fraud Cases for Attorneys & Lawyers

[ad_1] Health Care Fraud, Bank/Mortgage Fraud and Securities Fraud Practitioner should be aware of 18 USC ยง 1345, a law that allows the federal government to create federal health care crimes, bank-mortgage crimes, securities crimes and other offences. Otherwise known as the federal fraud injunction statute, it also authorizes a court to freeze the assets … Read more

Government Takes Steps Toward Preventing Reverse Mortgage Fraud

[ad_1] More homeowners age 62 and older are starting to take advantage of the many benefits that a reverse mortgage offers them, including the elimination of monthly mortgage payments and access to their home’s equity. Unfortunately, as these loans have become a more popular form of financing, the ways in which older homeowners are being … Read more