Experts think the nation’s deepening economic crisis is creating a whole new universe of potential scam victims every day.

A surprise injection of an extra US$1 trillion into the U.S. economy by the Federal Reserve lifted global economic sentiment on Thursday but European leaders looked set to resist pressure to spend more.

Citigroup unveiled plans Thursday to pursue a reverse stock split, and the company officially gave notice of its previously announced plans to convert the government's massive preferred share stake into common stock.

Harborstone Credit Union provides a much needed service to its senior members in these difficult times.

The Federal Reserve's surprise announcement Wednesday that it would purchase more than $1 trillion in Treasury securities and mortgage bonds in hopes of sparking greater economic activity shows that Chairman Ben Bernanke is working hard to keep his pledge to do whatever it takes to reverse the nation's deep recession. The Fed's rate-setting Federal Open Market Committee ended a two-day meeting ...

The Federal Reserve's surprise announcement Wednesday that it would purchase more than $1 trillion in Treasury securities and mortgage bonds in hopes of sparking greater economic activity shows that Chairman Ben Bernanke is working hard to keep his pledge to do whatever it takes to reverse the nation's deep recession.

A reverse mortgage is a loan available to homeowners 62 or older. The loan is not due until the house is sold or the participant dies. To keep the property, the loan must be paid back by the owners or their heirs. Heirs unable to pay off the loan at the death of their loved one will forfeit the house to the lender.

Golden Gateway Financial, a comprehensive financial resource for seniors and retirees, today released new usage data from its online Reverse Mortgage Calculator that showed more senior citizens are researching reverse mortgages to offset investment losses.

Washington Trust has announced that loan limits on reverse mortgages have been increased from $417,000 to $625,500 through the end of the year, a temporary

Reverse Market Insight offers free, comprehensive statistics on reverse mortgage industry through new ReverseIQ newsletter. Reports on overall industry, retail and wholesale channels are published monthly, in addition to market leading analysis of current trends and events.

A city couple, who along with relatives are charged with a multimillion dollar mortgage fraud scheme in Central Florida, was extradited and is being held without bail in that jurisdiction.

GRAND BLANC TOWNSHIP, Michigan -- The Michigan Department of Community Health has summarily suspended the licenses of a psychologist and former Mott Community College professor convicted in the attack of a woman in Grand Blanc Township last year. William Leslie...

Even as Federal Reserve officials slashed their key interest rate to a record low and pledged to use other unconventional tools to fight the financial crisis, they still feared the economy would be stuck in a painful rut for some time.

Even as Federal Reserve officials slashed their key interest rate to a record low and pledged to use other unconventional tools to fight the worst financial crisis since the 1930s, they still feared the economy would be stuck in a painful rut for some time.

The Boston Celtics try to reverse their recent road woes this evening when they visit the Charlotte Bobcats at Time Warner Cable Arena.

The Memphis City Council today in its executive session will discuss a resolution approving the city of Memphis’ involvement in a joint city-county la....

Santa Fe mortgage brokers and bankers are experiencing a rush of mortgage applications as borrowers react to lower rates by refinancing mortgages and, to a lesser degree, buying new homes.

Any individual, above 60 years of age or any married couple with either husband or wife above 60 years of age, who are citizens of India, will be eligible senior citizens. Where does a senior citizen go for such a ...

SANDUSKY Homeowners and homebuyers finally received some good news -- the 30-year fixed mortgage rate has sagged to its lowest point in 37 years.

A new federal housing law raises the ceiling on the amount of money seniors can obtain from a reverse mortgage and lowers the fees charged for the loan.