This is an interesting article from the Wall Street Journal about why Wells Fargo isn’t doing reverse mortgage loans anymore. Regulations on the bank limit their ability to get information they need to make decisions, so they ended the program. Other lenders are still lending, but this will be something to watch.
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Wells Fargo No Longer Accepts Reverse Mortgages
Friday, June 17th, 2011Blogging, Tweeting and Facebook
Thursday, April 29th, 2010Making progress in the techie world! Just do it! Then do it better. That is my philosophy for many things. Get started with web sites. Get started with facebook. Get started with what you want to do and where you want to go. Then do it better the next time. Since I am learning more about WordPress today – I expect my blog to get better and better.
Have a great day!!
