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Mortgage Rates Reverse Course on Positive Housing Data
MarketWatch (press release)
26, 2012 /PRNewswire via COMTEX/ -- Freddie Mac /quotes/zigman/226335 FMCC +1.64% today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average mortgage rates climbing as the housing market ended 2011 on a high note.

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Genworth Financial Announces Fourth Quarter 2011 Results
MarketWatch (press release)
A non-cash impairment charge of $19 million after-tax was recorded in the quarter in Corporate and Other activities to write-off all of the goodwill associated with the reverse mortgage business. Unless specifically noted in the discussion of results

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Fox News Already a SOPA Victim with Incorrect Reverse Mortgage “Facts”?
Reverse Mortgage Daily
Just because Wikipedia's blacked out today (in protest of the Stop Online Piracy Act) doesn't give Fox Business News an excuse to not get its reverse mortgage facts straight, as a recent article states that eligible homeowners can receive up to the

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CNBC: Use Home Equity as Nest Egg for Retirement
Reverse Mortgage Daily
In these tough economic times, many retirees are looking for ways to guarantee income in their later years, and getting a reverse mortgage is one possibility, says a recent CNBC article. As the name implies, such loans work in the reverse order from a


Beware of Alternative Higher Rates of Return For Your Fixed Income Portfolio
Forbes
And lets not forget all those so-called, self-proclaimed professional, third parties who, as we speak, are trying to persuade grandma and grandpa to sell their govies, max out a reverse mortgage, and go for the higher yields of some toxic private

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