Latest from The Spokesman-Review

• FHA loan fallout extends its reach to reverse mortgages

  March 10, 2013 in Business on Page E2 Loans insured by the Federal Housing Administration are changing – and not just for “forward” first mortgages. As of April 1, reverse mortgages will change, too, thanks to the queasy …

• Informed seniors can prevent reverse-mortgage disasters

  December 16, 2012 in Business on Page E2 Reverse mortgage lenders gathered in San Antonio recently for their annual meeting and were met with another inaccurate story in a national publication. According to the piece “many” seniors were …

• Reverse mortgage requires careful consideration

  August 12, 2012 in Business on Page E1 LOS ANGELES – Reverse mortgages represent an alluring proposition for seniors: Stay in your own home while the bank pays you either a lump sum or a stream of payments …

• Reverse-mortgage strategy can pay off if applied wisely

  April 22, 2012 in Business on Page E2 The number of Americans over 65 who continue to work has risen in the past decade. The unexpected rise can be traced to a variety of factors including shell-shocked retirement …

• Fate of reverse mortgages depends on compromise

  July 3, 2011 in Business on Page E2 The recent exit of Wells Fargo from the reverse mortgage industry will become a critical point in time for lenders and mortgage companies with plans to service the financial needs … 1

• Let private lenders fund reverse-mortgage counseling

  May 8, 2011 in Business on Page E2 Federal and state regulators need to better support basic information in housing and housing finance. They are too concerned with potential conflicts of interest, even when counseling is a mandatory …

• Scammer hired to sell loans to seniors

  February 20, 2008 in City on Page A1 A convicted swindler who is a key player in a $50 million nationwide investment scam has been selling “reverse mortgages” to senior citizens in the Spokane area while he awaits …