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A service for Realtors · Thursday, October 29, 2020 · 529,527,504 Articles · 3+ Million Readers
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Shared Appreciation Mortgages News Monitoring

  • Published on Aug 27, 2020

    Retirement loan 'will cost us our family home'

    Image caption Eddie Gray (left) with his grandson Christopher Croal Eddie Gray and his wife Lilian took out a loan from the Bank of Scotland more than 20 years ago to help fund their retirement. The Edinburgh couple, who were then in their 60s, wanted to …

    Source: BBC - Public Broadcaster
  • Published on Oct 30, 2017

    Have you got a shared appreciation mortgage?

    By Sarah Davidson For Thisismoney.co.uk Published: 04:29 EDT, 30 October 2017 | Updated: 04:29 EDT, 30 October 2017 Borrowers who took out shared appreciation mortgages with Barclays or Bank of Scotland in the 1990s have until the end of the year to sign …

    Source: Daily Mail - Right-wing
  • Published on Jul 1, 2020

    Legal Advertising – Bids and Proposals 7-01-20

    ALLEGHENY COUNTY SANITARY AUTHORITY LEGAL NOTICE CONTRACT NO.1731 The Allegheny County Sanitary Authority is soliciting CONTRACT No.1731-FURNISH AND DELIVER SULFURIC ACID. Bids will be received until 11:00 a.m., Prevailing Time, Thursday, July 16, 2020 at …

    Source: New Pittsburgh Courier - Pennsylvania - Left-wing
  • Published on Jun 24, 2020

    Legal Advertising – Bids and Proposals 6-24-20

    ALLEGHENY COUNTY, PENNSYLVANIA June 15, 2020 The Office of the County Controller of Allegheny County, Room 104, Court House, Pittsburgh, PA, will receive separate and sealed Bids on Tuesdays and Thursdays from 10:00 A.M. until 2:00 P.M. and FROM 10:00 A.M. …

    Source: New Pittsburgh Courier - Pennsylvania - Left-wing
  • Published on Jan 16, 2017

    How BoS rushed borrowers on shared appreciation mortgages

    The details of how Bank of Scotland rushed older borrowers into hugely expensive mortgages where their debt rose with house prices have been revealed by a This is Money investigation. Evidence has emerged that the bank - which has previously been …

    Source: Daily Mail - Right-wing
  • Published on Apr 20, 2020

    A Cheaper Roof Over Your Head During the Pandemic?

    We take for granted that homes are either owned or rented, but that could soon change, and pandemic-driven economic pain could accelerate the process. Before the pandemic, homeownership was already slipping out of reach for many in America’s expensive …

    Source: The New York Times - Neutral
  • Published on Nov 7, 2019

    Cash In Your House: Deal or No Deal? - Tonight

    Fewer than half of people aged 45 or over reckon they’ll have a big enough pension pot to last them through retirement, according to an exclusive survey by ITV’s Tonight Series. It’s perhaps why increasing numbers of us are taking out equity release to …

    Source: ITV Channel TV - Uncategorized
  • Published on Sep 30, 2019

    Lender: I hope every credit trainer remembers 1980s lessons

    FARGO — Ken Knudsen would just as soon forget the farm stress of the 1980s, but he hopes today's ag lenders remember its lessons. Knudsen, 63, had a front seat to the farm credit crisis of the 1980s, and he says that today he isn't seeing the …

    Source: Ag Week - North Dakota - Neutral
  • Published on Mar 20, 2019

    Shared equity mortgages, like those in federal budget, no cure-all for housing affordability woes

    In an election year, the federal Liberals are eager to share — albeit partially — the housing pains of low- to mid-income households who have been priced out of the housing market. Budget 2019 announced a new First-Time Home Buyers Initiative (FTHBI) to …

    Source: Calgary Herald - Neutral
  • Published on Mar 4, 2019

    The many failings of the government’s exploitative Help to Buy scheme

    Persimmon has been the recipient of vast government largesseTwo hundred thousand people in the UK have now bought houses using former chancellor George Osborne’s Help to Buy equity loan scheme. The taxpayer has lent those people £10bn, an average of £55, …

    Source: moneyweek.com - Uncategorized
  • Published on Feb 1, 2018

    Rethinking the Mortgage Industry: Is There a Better Way to Subsidize?

    American homebuyers were riding high in the housing boom of the early 2000s, when cheap, easy credit let just about everyone obtain a mortgage. But when the housing bubble burst, millions of Americans found themselves upside down in their mortgages. Indeed …

    Source: Knowledge@Wharton - Pennsylvania - Neutral
  • Published on Jun 28, 2017

    Lawyers to get a fair deal for SAM borrowers

    Thousands of borrowers who took out shared appreciation mortgages with Bank of Scotland or Barclays in the 1990s are being urged by a law firm to join a new legal battle against the banks. The law firm, Teacher Stern, has spent more than a year tracking …

    Source: Daily Mail - Right-wing
  • Published on May 18, 2017

    This is Money duo win top financial journalism awards

    Two of This is Money’s journalists scooped trophies at a leading financial journalism awards ceremony on Tuesday night. Both Sarah Davidson, who won Mortgage Journalist of the Year, and Rebecca Rutt, who won General Insurance Journalist of the Year, were …

    Source: Daily Mail - Right-wing
  • Published on Apr 18, 2017

    What do you do if you want to get out of Help to Buy?

    More than one million people have taken advantage of the Government's Help to Buy schemes since their launch with a quarter of those actually taking their first step onto the property ladder as result.  The latest figures show that more than 259,000 …

    Source: Daily Mail - Right-wing
  • Published on Apr 13, 2017

    Startup Could Introduce Reverse Mortgage Alternative

    While the plans remain long-term, the cofounder of a home equity-extracting startup told RMD that his company could introduce a product that would compete with the traditional reverse mortgage. Eoin Matthews, who cofounded Point Digital Finance, Inc. back …

    Source: AirGuide Destinations - Neutral
  • Published on Feb 22, 2017

    Families trapped in homes they want to sell - by the banks

    Every weekend, Anita Wakeman makes a 90-mile round trip from her home in the Essex countryside to visit her elderly parents in Kent. Des, 81, and Trudie Wakeman, 70, have suffered from poor health since the sudden death of their 40-year-old son in 2014.  …

    Source: Daily Mail - Right-wing
  • Published on Mar 24, 2017

    Friday Round-Up: Rate Hike Uncertainty, Bad Bets on Walter

    Happy Friday to all of the readers out in reverse mortgage land! It’s a beautiful early-spring day here in Reverse Mortgage Daily’s hometown of Chicago, and we hope this post finds you easing into a pleasant weekend — unless, of course, you’re just …

    Source: AirGuide Destinations - Neutral
  • Published on Mar 23, 2017

    Five Essential Reverse Mortgage Comparison Resources

    It’s among the most common questions a potential reverse mortgage borrower faces: Would I be better off with a Home Equity Conversion Mortgage or one of the other retirement-funding options available to me, such as a “forward” home equity line of credit, …

    Source: AirGuide Destinations - Neutral
  • Published on Mar 1, 2017

    ASK TONY: HMRC sent £2,057 bill to my mum in her care home

    My 87-year-old mother has received a demand for underpaid tax from HM Revenue & Customs for £2,057 for the tax period to April 5, 2016. She is ill with dementia and lives in a care home in Northants. Her income for that time was from two small works …

    Source: Daily Mail - Right-wing
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