At a business meeting earlier this week I was seated beside another guest. Unknown to each other we introduced ourselves. The question that followed was the inevitable: “What do you do for a living?” 
He is an attorney in general practice. I explained that I am a Senior Advisor for reverse mortgages. Upon hearing that he [...]

Good morning readers,
Saturday feels oh, so good after the heck of a week the market took thanks to all of the subprime credit

problems institutional lenders have been seeing. Think about it, if we were talking inside of a Starbucks one year ago to the day and I told you that by this time next year [...]

Countrywide, as one of the largest wholesale mortgage lenders pushing sub-prime loans, was sued for alleged deceptive mortgage practices by officials in its home state of California and in Illinois on Wednesday.
Marking the end of an era, shareholders the same day approved the company’s takeover by Bank of America  at a private meeting conducted by [...]