Phil Stevenson's Blog

Follow me
By
Mortgage and Lending - PS Mortgage Lending 305-791-4874 or 888-845-6630 - 365768

ARCHIVED BLOG POSTS

2013 

Not All Regulations Cast a Dark Shadow.... Potential changes to the FHA-insured reverse mortgage continue, according to Government May Crack Down Harder on Reverse Mortgages...and there is no sign of them slowing down. One of the biggest problems the reverse mortgage program is facing today is th...
07/31/2013
HUD Proposes Changes to the Reverse Mortgage Program As new regulations continue for the Home Equity Conversion Program (Reverse Mortgage), the National Reverse Mortgage Lenders Association (NRMLA) voiced their support for the proposed changes because they see the "HUD proposal is a model respons...
07/31/2013
Can You Refinance A Reverse Mortgage? It's not typical to associate refinancing with a reverse mortgage. After all, one of the reasons you refinance in the first place is to get a lower interest on our typical mortgages and pay less in interest yearly. Refinancing your reverse mortgage is also po...
07/30/2013
Reverse Mortgages Get a Bad Rep... But the Truth Is Something Else Entirely A recent article that appeared in the Los Angeles Times, Reverse Mortgages Can Be Hazardous to Seniors' Financial Health, tells the story of Sarah Havemeyer, who has been contesting the repayment of her late mother's reve...
07/30/2013
These are some excellent tips for new or old blogs. We never stop learning, nor should we. Things change and someone's advice can be just the thing to help you out. The look of a blog is just as important as its content. The look draws readers in, the content keeps them there.You take the time to...
07/30/2013
Debbie makes a great point. New forms of technology will always be available but the more we resist them, the more we will lose out. Instead of fully rejecting them, analyze the pros and cons of having a Facebook account or Twitter account, etc. and if the positive outweighs the negative, go for ...
07/29/2013
Webinars Can't Answer Every Question... But They Try Since I become an Active Rain member, I've taken various webinars.  Most recently, I took the 'Review Your Blog Post' with Bob Stewart, who helped three bloggers make better blogging choices when creating a post. The three posts were listings a...
07/29/2013
Reverse Mortgage Success Story in Miami... Mimi Planas wanted her mother, Caridad Planas, to have a better quality of life during her retirement.  Planas began the reverse mortgage process in December 2009 and PS Financial Services met with them on January 29, 2010. The company that Planas had be...
07/29/2013
Reverse Mortgage Success Story in North Miami... Joe Manzanilla wanted to retire comfortably and spend days of leisure on his boat. However, his everyday, as well as long-term, expenses become more difficult to sustain on his current fixed income. He wanted a way to be able to, not only, balance ...
07/29/2013
PATH Act Continues to Cause Controversy While the PATH Act passed in the House of Representatives on July 24, it was only by a margin of three votes. If the numbers are any indication, support for the bill is lukewarm at best, with as many people for it as there are against it. In fact, House dem...
07/29/2013
Rainmaker
271,827

Phil Stevenson, CRMP

"Mortgage Nerd" in Miami, Florida and Texas
local_phone(888) 845-6630
local_phone(305) 791-4874
Contact The Author