House of Delegates focuses on seniors’ needs in pair of resolutions
ABA Journal Daily News
ABA Journal Daily News
ABA Journal Daily News
Over the last seven and a half years, the Legislature and I have had many disagreements over process, policy and approach to governing. But the true value of our republic is that, although we disagree, we can still move our state and our country forward. Foreclosure News
For retirees who own their home and want to stay living there, but could use some extra cash, a reverse mortgage is a viable financial tool. But there's a lot to know and consider to be sure it's a good option for you. Foreclosure News
To listen to Gov. Paul LePage, it sounds as if he's the only one looking out for the interests of Maine's elderly residents. LePage has invested substantial political capital in a bill, LD 1629 , that would add new requirements for towns and cities to follow before they can foreclose on the home of someone […]
Jason Matthes, project manager at Rebuilding Together Southern Nevada, shows a ramp he installed to help Norma and Frank McDuffie access their home, Wednesday, Jan. 17, 2018. Norma and Frank McDuffie, both in their 80s, were married on Valentine's Day nearly 50 years ago. Foreclosure News
New Hampshire Legal Assistance is reporting a sharp uptick in the number of seniors needing help staving off foreclosure, and reverse mortgages are mostly to blame. Foreclosure News
This Wednesday, Jan. 18, 2017, file photo shows a home for sale in Mount Lebanon, Pa. On Thursday, April 6, 2017, Freddie Mac reports on the week's average U.S. mortgage rates. Foreclosure News
Concerned about financial losses in a federally insured mortgage program for seniors, the Department of Housing and Urban Development on Tuesday announced plans to adjust premiums and limit financial draws for elderly homeowners taking such loans. HUD officials said the economic value of the federal reverse-mortgage program, estimated at negative-$ 7.7 billion last year, is […]
Virginia Rayford took advantage of a federally insured loan called a reverse mortgage that allows cash-strapped seniors to borrow against the equity in their houses that has built up over decades. MUST CREDIT: Photo by Salwan Georges for The Washington Post. Foreclosure News