Daily Archives: August 26, 2011

Mass. Cracks down on 5 Reverse Mortgage Firms

The state Division of Banks has ordered five companies to stop peddling reverse mortgages to elderly homeowners, charging they are not properly licensed to sell the product in Massachusetts. Reverse mortgages allow seniors to take a loan on their homes … Continue reading

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Government Officials Weigh New Refi Program

Word on the street is that the Obama administration is sizing up a new program to shore up and stimulate the housing market by providing millions of homeowners with new, lower interest, lower payment mortgage loans. According to multiple media … Continue reading

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Morning Minutes: August 26th

Word of the Day Gallivant GAL-uh-vant (verb) To go about usually  ostentatiously or indiscreetly with members of the opposite sex; to travel, roam  or move about for pleasure – http://www.merriam-webster.com Website of the Day National Dog Day http://www.nationaldogday.com Today is National … Continue reading

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