MN Reverse Mortgage - Reverse Mortgages SIDAC In the News

Minnesota Reverse Mortgages in News

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MN Reverse Mortgages in the News

Hosted by AARP, Inside E Street on Retirement Living TV does a good piece on reverse mortgages.  It can be viewed by clicking here.

In response to the media coverage on reverse mortgages that is providing false and misleading reverse mortgage information such as the October 25, 2009 Parade Magazine "Intelligence Report" written by Gary Weiss read Beth's latest Blog article:  "One Bad Apple Spoils The Bushel of Reverse Mortgages."  You'll be surprised on the number of fraudulent bad apples in the reverse mortgage industry.  (If you read the Parade Magazine article, be sure to read the comments that follow.)  To  share the response to this media message click here for a pdf of "One Bad Apple Spoils The Bushel of Reverse Mortgages."

The Media Needs The Reverse Mortgage Facts,
But Wait, There's More...Reverse Mortgage Facts The Media Needs to Know and

It Is NOT Reverse Mortgage Fraud When...
are the latest posts in Beth's Reverse Mortgage Blog addressing the misleading and incorrect information the media is reporting.  For a pdf of these choose from the following:
The Media Needs The Reverse Mortgage Facts, But Wait, There's More Reverse Mortgage Facts The Media Needs to Know, and It Is Not Reverse Mortgage Fraud When...

"Stuck in Reverse" by Kelly Curran is a good article on reverse mortgages.  Read this article at HousingWire.

Tom Kelly wrote an article addressing the negative, reverse mortgage bashing that is happening.  Read, "Reverse Mortgages shouldn't be lumped into 'bad' category" in the August 16, 2009 issues of The Spokeman-Review.

In his column, Gray Matters at Newsday.com colonist, Saul Friedman points out that reverse mortgages are save: http://www.newsday.com/columnists/saul-friedman/gray-matters-reverse-mortgages-are-still-safe-1.1347485

At The Reverse Mortgage Blog by Dennis Haber, Dennis does a wonderful comparison between the article in Gray Matters by Saul Friedman and the article in August addition of Consumer Reports which contains misleading information.  Read this great post at:  http://www.dennishaber.com/2009/08/the-hecm-reverse-mortgage-consumer-reports-fails-its-own-critique.html

Today Show's guest, real estate agent Barbara Corcoran shares tips for people considering a reverse mortgage in these tough economic times. View by clicking here: http://today.msnbc.msn.com/id/26184891/vp/31367841#31367841

Atlanta’s NBC affiliate featured Joe Morris, President of Generation Mortgage, a leader in the reverse mortgage industry and a lender whom we at Prestige Mortgage, LLC, Reverse Mortgages SIDAC, are partners. You can view the interview by clicking here
http://www.11alive.com/news/local/story.aspx?storyid=131277.

Finance and Commerce quotes Beth Paterson regarding Governor Pawlenty's veto of the Minnesota reverse mortgage bill SF489/Chapter 127. Click here to read the article.

Dennis Haber points out in The Reverse Mortgage Blog, "Governor Pawlenty does more for Reverse Mortgages than AARP." Click here to read the article.

Pioneer Press covers Minnesota mortgage laws in Saturday, May 23rd, Business section. To read the comment on reverse mortgages in Minnesota click here to read.

The Reverse Mortgage Report has published two articles on The Reverse Mortgage Wire regarding Minnesota's reverse mortgage legislation. Visit http://reversemortgage.dealflowmedia.com/ to view the articles, "Minnesota Legislature Delivers Bill to Governor," posted May 19, 2009 and "Minnesota Governor Vetoes Reverse Mortgage Bill," posted May 22, 2009.

The Reverse Mortgage Daily has kept the industry up to date on the Minnesota legislation. You can view one of their articles, "Minnesota Reverse Mortgage Bill Sent To Governor For Signature" by clicking here.

Minnesota Seniors are at risk of losing the Reverse Mortgage Option with proposed Legislation S.F. 489 and H.F. 528. Articles regarding this proposed Minnesota Legislation have appeared on a couple blogs: Great Places Inc.: www.greatplacesinc.com/Blog/EntryDisplay.aspx?EntryID=507 and Dennis Haber, The Reverse Mortgage Blog:
http://www.dennishaber.com/2009/02/the-reverse-mortgage-bill-written-by-minnesota-legislature-is-primer-for-other-legislative-bodies-on.html

Beth Paterson was a guest author on the blog at Great Places, Inc. Please visit Great Places Inc.'s blog/website for the article and access to other resources.

Article written by Beth Paterson in MetroLutheran October 2008, Click here to read "Reverse Mortgages provide Security, Independence, Dignity, And Control" as a pdf.

Prestige Mortgage LLC, Reverse Mortgages SIDAC clients were featured in the Twin Cities Star Tribune. Click here to view the article, "Cashing Out The Nest Egg".

Suze Orman was asked a question about whether a viewer's father should consider a reverse mortgage. Click here to watch the video with Suze Orman's answer.