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Is a reverse mortgage the right choice?

Thursday, February 2 nd , 2012 Issue 05, Volume 16. A reverse mortgage is a loan for senior homeowners over 62 years old that uses some of their home equity as collateral.

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Stable loan delinquencies suggest consumer stress easing

Americans might be getting a better handle on their finances. Delinquencies on consumer loans fell in seven of 11 categories during the third quarter, reported the American Bankers Association. That’s the most recent period for which data are available. Delinquencies were virtually flat in two other categories – credit cards and home equity lines of credit.   Mobile-home loan delinquencies were ...

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SL Capital Closes $7.5 Million Financing for Multifamily Acquisition

MIAMI, FL-- - SL Capital LLC , a full-service commercial mortgage banking firm, announces the close of a $7.5 million financing deal.Per Michael Boggiano, President of SL Capital, the financing on the ...

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Lenders increasingly liberal on mortgages, credit lines, Canada regulator warns

Some cases similar to U.S. subprime loans

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American Perspective Bank Announces Fourth Quarter and Full Year 2011 Financial Results

SAN LUIS OBISPO, Calif., Jan. 20, 2012 /PRNewswire/ -- American Perspective Bank (OTC Bulletin Board: APBA) (the "Bank") today announced fourth quarter and year to date consolidated financial ...

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Jerks, whiners, creeps: How to work with the loathsome

Harvard Business Review advice on office pests

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Graffiti artist took Facebook stock, now multimillionaire

David Choe turned down cash, took shares for murals

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