This week's crop has some opinions and some questions. As to the opinions, everyone is entitled to their own! For the question by Mr. Roper, I believe 62 is the minimum age for someone to be qualified for a reverse mortgage. For the question by Ms. Lange, Ocwen is publicly traded and not owned by DeutscheBank to my knowledge.
THAT LEVEL PLAYING FIELD
Story_Title: State Regulators Issue Guidelines to Mortgage Examiners on Tests
Story_Date: Tuesday, November 15, 2011
Comments: How about testing the state and federal chartered banks and credit unions that operate their mortgage divisions as brokers.
Danny Wilson
Old Virginia Mortgage
Lynchburg VA
BRAIN POWER DOWN?
Story_Title: When In Doubt, Blame the Lenders
Story_Date: Monday, November 14, 2011
Comments: While we all know that it is more difficult to get loans through. The turn downs have to do with the quality or rather the lack of quality of the pool of buyers. It's like the IQ's have dropped 20 points since last year.
B BETTS
FIRST SOURCE
TOLEDO OH
WHO'S IN CHARGE?
Story_Title: Ocwen to Raise Equity, Agrees to Buy $15B of MSRs from JPM
Story_Date: Thursday, November 10, 2011
Comments: Is Ocwen owned by DeutscheBank?
Helen Lange
Ain One Stop Realty & Income Tax
Fallbrook CA
REVERSE AGE LIMITS?
Story_Title: AARP: Older Idahoans Turning to Reverse Mortgages
Story_Date: Wednesday, October 26, 2011
Comments: I thought 62 was the youngest age limit.
Wayne Roper
Roper Financial
Onyx CA
