http://www.isnare.com/?s=author&a=Tim+Paul Finances Tim Paul Thu, 06 Dec 2007 00:00:00 +0800 http://www.isnare.com/?aid=206452&ca=Finances Reverse mortgages are hot. Baby boom demographics, inadequate retirement funding, and problems in the traditional mortgage market (pushing brokers into alternate products) have combined to make marketing of reverse mortgage products to senior citizen homeowners one of the hottest niches in the mortg... Finances Tim Paul Fri, 18 Nov 2005 00:00:00 +0800 http://www.isnare.com/?aid=19680&ca=Finances The Baby-Boom generation is nearing retirement and it is clear that millions of aging Boomers are financially under prepared. Reasons are many - poor savings habits, rising medical costs, the demise of guaranteed corporate pensions, and the dreaded squeeze faced by many: i.e. having to pay college c... Finances Tim Paul Tue, 15 Nov 2005 00:00:00 +0800 http://www.isnare.com/?aid=1084&ca=Finances If you are a homeowner, you’ve probably received offers to apply for a home-equity line of credit (HELOC) loan. Handled with care, HELOC loans can be an excellent way to improve financial flexibility, provide readily available cash reserves for emergencies, or pay for large expenses (like college tu... Finances Tim Paul Tue, 15 Nov 2005 00:00:00 +0800 http://www.isnare.com/?aid=1085&ca=Finances Tapping your home’s equity to pay college expenses, consolidate credit card debt or even to buy a new car or boat is common place. Many economists attribute the additional buying power afforded consumers through home equity debt as a primary reason the nation’s economy has been able to emerge from t... Finances Tim Paul Tue, 15 Nov 2005 00:00:00 +0800 http://www.isnare.com/?aid=1086&ca=Finances Home equity loans and home equity lines of credit continue to grow in popularity. According to the Consumer Bankers Association, during 2003 combined home equity line and loan portfolios grew 29 percent, following a torrid 31 percent growth rate in 2002. With so many people deciding to cash in on th... Finances Tim Paul Tue, 15 Nov 2005 00:00:00 +0800 http://www.isnare.com/?aid=19095&ca=Finances Estimates indicate that there is a target population of some 8.8 million senior households that both qualify for and are good potential candidates for HUD’s home equity conversion mortgage (HECM) reverse mortgage program. (Under an HECM loan, a lender advances money to a elderly homeowner, in the fo...