Today is the first day of the rest of this blog

I know. That's kind of corny. It just came to me.

I was replying to emails from clients and talking about the market we're in right now. In case you might have missed it, there was a little liquidity crunch on Wall St. The big investors don't want to invest their money in certain mortgages. The lenders need to these investors to buy pools of mortgages so that they can loan more money out. That's how the lenders operate.

This isn't about bad loans, sub prime loans, or predatory lending. It's also just a temporary thing. The investors need to diversify, just like you and I, they'll come back eventually. Is that a month from now or 6 months from now?

While the experts guess at sooner rather than later, we just don't know. But in the meantime the market has virtually eliminated the ability for many Jumbo Loans, Seconds, and of course Alt-A loans. In the San Francisco Bay Area, that's pretty much how people buy property.

How does this relate to a Reverse Mortgage?

Reverse Mortgages and the various programs are not heavily related to the issues on Wall Street and the current liquidity crunch.

I'll also point out that of all areas, the Bay Area has one of the highest demographics applicable for a Reverse Mortgage. 

If you are worried about the stock market, worried about the economy, worried about the housing market, and worried about your retirement - perhaps now you can worry about one less thing.

Call a Reverse Mortgage Professional and get the real facts.