Main

February 2011

02/04/2011

This is an example post

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Aenean porttitor gravida tellus, vel feugiat felis rutrum vel. Vivamus venenatis nunc luctus ante fringilla vulputate. Maecenas sapien augue, varius sed vulputate in, hendrerit et purus. Pellentesque nec dui quis metus dapibus fringilla quis sed arcu. Donec enim enim, blandit a mollis ac, suscipit quis justo. Class aptent taciti sociosqu ad litora torquent per conubia nostra, per inceptos himenaeos. Cras eget lorem a velit ultrices commodo. In ullamcorper fermentum tempus. Fusce in magna in mi interdum aliquam commodo semper mauris. Nulla lobortis, mi in sagittis scelerisque, nulla eros fringilla nunc, id adipiscing ligula elit vitae erat. Nullam a libero odio, vel gravida nisl. Nunc vitae sem dignissim lacus ultrices imperdiet. Duis ac nunc sed urna pretium ultrices feugiat eu metus. Nullam in odio sed lacus congue faucibus quis id libero. Mauris neque lectus, vulputate id cursus et, pellentesque nec ante. Sed congue enim vitae arcu porttitor fringilla. Sed ullamcorper massa interdum nisi dignissim viverra lacinia ipsum rhoncus.

Vestibulum ligula sapien, suscipit vitae consectetur quis, sollicitudin eu nisl. Integer viverra purus in magna faucibus eu porta nisl mollis. Phasellus quis eros sit amet tortor sodales gravida et non mi. Etiam imperdiet diam non ipsum gravida et rutrum urna pulvinar. Nulla viverra tempor nisl eget consequat. Proin nec nibh vulputate neque vulputate euismod. Sed tincidunt feugiat ligula a luctus. Fusce a nisi urna, sed commodo mauris. Etiam tortor lectus, blandit pretium posuere quis, dapibus eget arcu. Mauris mollis ornare dui, adipiscing consectetur erat bibendum id. Suspendisse potenti. Morbi nec augue vel felis consectetur posuere. Nam condimentum venenatis luctus. Aliquam diam enim, ultricies eget convallis et, luctus ac nibh. Aliquam sit amet eros vitae neque vehicula pretium. Vivamus malesuada, mi ut dignissim porttitor, elit justo rhoncus nisi, eget dignissim odio enim non lorem. Vivamus eget tortor orci, eu eleifend elit. Quisque a egestas dui. Pellentesque ultricies egestas urna quis accumsan.

Posted at 07:29 PM in Books, Food and Drink | | Comments (0)

|

Disclaimer

The opinions expressed in this Blog and those providing comments are theirs alone, and do not reflect the opinions of iReverse Home Loans or any employee thereof. iReverse Home Loans is not responsible for the accuracy of any of the information supplied by the Blog. Please click your browser's back button if you do not wish to continue.

Search

Archives

Categories

Senior/Elder Health Links

  • reverse mortgages help seniors strapped for cash
    More seniors are turning to a reverse mortgage loans these days. A reverse mortgage is a loan that allows seniors to tap into their home equity and use the money to pay for things such as medical bills, groceries and even home repair.
  • More than 25 percent of Older Americans Using Social Media says AARP
    This is great information for anyone working with older Americans; we have an expansive society! Wonderful!

  • Have faith, the US market will stabilize.
  • FHA is overwelmed with condo projects to be approved
    HUD, did away with condo projects ability to be approved with "Spot Condo" proceedures to get a better hold of the data of how many FHA loans exist in what projects. Approvals are adding another month in the process of attaining a reverse mortgage for condo owners.
  • Older American Home Values are flattening
    Golden Gateway Financial released new usage data from its online reverse mortgage calculator showing that average home values for older Americans have halted their slide after remaining flat or declining for seven consecutive quarters.

  • A new survey from the Center for Retirement Research at Boston College found that 40 percent of individuals 45-59 expect to retire later than they had before the downturn, with most of the respondents intending to work an additional four or more years before retirement.
  • Financial Planning Exchange Forum
    This is an excellent forum, set up by my friend Bryan Wisda who has a passion in helping seniors and people with finances in general
  • Obama to Promote Annuities and Other Forms of Guaranteed Life Income
    The Department of Labor and the Department of the Treasury (the “Agencies”) are soliciting comments whether the agencies could or should enhance the use of lifetime income or other arrangements designed to provide a stream of income after retirement. One of the questions is related to reverse mortgages: What are the advantages and disadvantages of approaches that combine annuities with other products (reverse mortgages, long term care insurance), and how prevalent are these combined products in the marketplace? Why the sudden interest in how the government can enhance the use of lifetime income arrangements? The New York times recently reported that the Obama Administration is promoting annuities as a tool to give Americans a better shot at a more secure retirement.
  • Is Reverse Mortgage Interest Deductable?
    Reverse Mortgage interest deduction rules are the same for traditional loans and for reverse mortgages: Reverse mortgages are meant for the elderly who will most likely be paying their mortgage and the accrued interest only after they die so the interest deduction is usually just an afterthought. Upon death and on their personal tax returns mortgage interest may be deductible for the original acquisition debt interest, home improvement debt interest and possibly up to $100k of debt on the home for any other use but not deductible for AMT (but it probably won't make that much of a dent in their personal taxes) Qualified Residence Interest Expense.
  • Congressional Justification Docs Detail Possible Changes to FHA Reverse Mortgage Program
    The US Department of Housing and Urban Development published the 2011 Congressional Justifications for the FY 2011 Budget which provides more information regarding the OMB’s $250 million credit subsidy request for the Federal Housing Administration’s reverse mortgage program.