Mortgage

Mortgage

Joffrey Long: Reverse Mortgage Benefits to Be Reduced

GRANADA HILLS, Calif., Sept. 17 /PRNewswire/ -- A favorite reverse mortgage program -- one that gave borrowers the most in cash, monthly income, or credit line benefits, is soon to end.

Joffrey Long: How Smart Investors Are Profiting From the Sub Prime Meltdown

GRANADA HILLS, Calif., Sept. 17 /PRNewswire/ -- Four Months Ago, Bob Edleson, a private investor in real estate loans, was having difficulty keeping his money invested. "There just weren't enough good loans to invest in." Today, with many subprime lenders not making loans, Bob has a wide choice of loans in which to invest. Bob is a "private money" or "hard money" investor. From individuals with just 30,000 invested, to those who invest millions, they loan to borrowers whose credit or property doesn't meet the conditions of institutional lenders.

Joffrey Long: Reverse Mortgages – Wait and Lose $30,000

GRANADA HILLS, Calif., Sept. 17 /PRNewswire/ -- A recent article published by a major Organization for Retired Persons offers what looks like a poorly thought out suggestion. The article suggests that those considering a reverse mortgage "wait it out" for a year or two. While there may be some borrowers who truly are not yet ready to start a reverse mortgage, there are a number of potential problems, none of which were disclosed in the article.

Popular Government & Nonprofit Press Releases

Imperial Irrigation District and many others featured in report detailing solar...

Palm Springs – With solar power on the rise around the country, a national network fossil fuel and utility-backed organizations have joined forces to put the brakes on this fast-growing pollution-free energy resource. Trade groups and think tanks backed by deep-pocketed anti-clean energy ideologues and fossil interests are bankrolling campaigns, promoting model legislation and media campaigns to provide cover for anti-solar campaigns across the country said a new report released by Environment California Research & Policy Center.

Recent Government & Nonprofit Press Releases

Cotton Medical Center

Meridian Receives Two National Awards for Excellence in Healthcare Real Estate

Cotton Medical Center, Meridian’s 115,000-square-foot, two-building medical office complex located at 50 Alessandro Place and 50 Bellefontaine Street in Pasadena, California, won the award for “Best Renovated or Repurposed Healthcare Facility.” Located in Los Angeles County, this renovation was Meridian’s first ambulatory out-patient value-add medical office acquisition in Southern California.