I watched David on television when I was a teenager, standing in front of the White House, as the correspondent for CBS Evening News. There's no question about it... he's a very smart guy who has seen an amazing amount... (Continue reading)
What if you accept a forbearance and don't make your $2,000 a month mortgage payments for six months? Is this going to be a problem for millions of homeowners? ... (Continue reading)
But, forbearance is not forgiveness. At some point the money has to be paid back. The question for millions of Americans today is: How?... (Continue reading)
I realize the media is saying that "there are signs that our recovery is slowing," but that's just a bunch of nonsense. This is not a time to live in denial.... (Continue reading)
Max Gardner is widely recognized as the top consumer bankruptcy attorney in the country. If there's anyone's view on the U.S. economy today that I'd want to hear now... it's Max's for sure.... (Continue reading)
What is a reverse mortgage, really? The simple fact is that if you had a HECM, and you were to make payments each month like you do on your current mortgage, it would operate much like your current mortgage... (Continue reading)
Credit is tightening significantly, over 4 million homeowners have stopped making mortgage payments and some 40 million are un- or under-employed. So, what can you do to protect yourself going forward? ... (Continue reading)
I've had attorneys tell me that it's not their job to know about such things, but I think that's wrong. If your job is to solve problems then I think it is your responsibility to know about the tools that... (Continue reading)
Everyone approaching or in retirement should know about the HECM program and how it might impact their retirement years. There's absolutely nothing wrong with today's HECM mortgages... no matter what you've heard in the past.... (Continue reading)