Category Archives: Reverse Mortgage
Foreclosure Relief For Seniors
January 11, 2011If you are over 62 and are facing foreclosure on your home, Frost Mortgage may have a way for you to save your home and eliminate your mortgage payments for the rest of your life. The Frost Mortgage Senior Saver … Continue reading
What Is an FHA Reverse Mortgage?
December 30, 2010Federal Housing Administration (FHA) reverse mortgages allow homeowners to access cash from the equity they’ve built up in their property over the years. Those over the age of 62 with either a fully paid-off mortgage or very few payments left on … Continue reading
New Mortgage Rules Help Seniors
October 21, 2010New reverse-mortgage rules from the Federal Housing Administration (FHA) may help senior homeowners in need of retirement cash. Congress recently passed legislation extending the limit on these federally-insured mortgages to $625,500. Under the new rules, the mortgages aren’t limited by … Continue reading
New HUD Protocol Offers Older Adults More Information and Deeper Financial Assessment, Using Tools and Materials Developed by NCOA
August 5, 2010WASHINGTON, Aug. 4 /PRNewswire-USNewswire/ — The U.S. Department of Housing and Urban Development (HUD) now requires all HUD-approved reverse mortgage counselors to provide their clients with the National Council on Aging’s (NCOA) 28-page consumer booklet on reverse mortgages. In addition, … Continue reading
Reverse Mortgage program: Be aware of possible changes
May 25, 2010The future of the FHA Reverse Mortgage program is in jeopardy. Frost Mortgage helps seniors find home loans through this great program, but we’re disappointed to see that, without $250 million from Congress, the principal amount of a new loan … Continue reading
FHA: Reverse mortgage support is crucial
May 4, 2010Reverse mortgage programs operated by Housing and Urban Development (HUD) require help to continue, the Federal Housing Authority (FHA) told a House subcommittee recently, Reverse Mortgage Daily reports. In testimony, an FHA assistant secretary said that, without support, HUD will … Continue reading
Reverse mortgages: What are they?
April 13, 2010Many people don’t realize that Frost Mortgage’s expertise also extends to “reverse mortgages.” In fact, it’s one of our specialties, and we have a full-time staff member dedicated to this unique program. So, what is a reverse mortgage? As the … Continue reading
-
Archives
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- November 2009
- September 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
-
Meta
-
Greg Frost's Corner
I recently attended the annual Mortgage Bankers Association lobbying day in D.C. with 5 of my industry colleagues from New Mexico. It was a very insightful experience.
It is apparent to me that there is a prevailing feeling in both the House and Senate, along with the Executive Branch, that our government should reduce [...]
Copyright © 2011 Frost Mortgage Lending Group
2501 Wyoming Blvd. NE, Suite A, Albuquerque, NM 87112