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Cashing out the nest egg (Minneapolis-St. Paul Star Tribune)
Reverse mortgages have become the hit of the housing loans market. While overaggressive lenders can cause disastrous results, prudent cash-poor seniors can gain needed access to their home equity.
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Unlocking home equity (The Arizona Republic)
Banks have been pushing reverse mortgages more than ever lately as a way for retired homeowners to survive - even enjoy - the current economic crunch.
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Thornburg Seeks New Business Model After Home Crisis (Update2) (Bloomberg.com)
Aug. 22 (Bloomberg) -- Thornburg Mortgage Inc. co-founder Larry Goldstone , who spent more than four months securing enough shareholder support to keep his company alive, now has to find a new business model.
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