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Wednesday, December 29, 2021
Under cover of Christmas, Education Minister Stuart Robert overruled the experts
Politicians and their courtiers have so many bad habits: deception, pork-barrelling, promise-breaking, taking out the trash. All are commonly understood but the last – Friday [...]
The post Under cover of Christmas, Education Minister Stuart Robert overruled the experts first appeared on PRP Breaking News and Top Stories.
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Tuesday, December 28, 2021
Mitch McConnell scores the lowest approval rating among top federal officials in Gallup poll
Senate Republican Leader Mitch McConnell is losing support among Republicans, according to a new poll. More than half of Republican voters — 52% — disapprove [...]
The post Mitch McConnell scores the lowest approval rating among top federal officials in Gallup poll first appeared on PRP Breaking News and Top Stories.
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Monday, December 27, 2021
Judge schedules January 13 hearing to consider resentencing trucker who was given 110 years in fatal crash
A district court judge in Colorado has scheduled a hearing for January 13 to reconsider the 110-year sentence of Rogel Aguilera-Mederos, a truck driver who [...]
The post Judge schedules January 13 hearing to consider resentencing trucker who was given 110 years in fatal crash first appeared on PRP Breaking News and Top Stories.
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Mortgage Industry Officials Warn of Halt to Reverse Mortgage Originations
Boston, MA, Dec 27, 2021 -- Hundreds of senior citizens seeking financial stability through reverse mortgages could see their plans grind to a halt unless the Massachusetts Legislature acts to extend the governor’s COVID emergency order that expired Dec. 15.
At issue is a state law that mandates in-person counseling for all reverse mortgage applicants. Massachusetts is the only state in the nation that does not allow reverse mortgage counseling by phone or videoconference.
However, Gov. Charlie Baker in April 2020 introduced a COVID-related measure that temporarily permitted counseling by phone or videoconference. That measure, which made it possible for seniors and counselors to interact without fear of COVID transmission, expired on Dec. 15.
Had the Legislature extended the order as was expected, the crisis would have been avoided.
A bill, H1146, that would make telephone and video counseling permanent is pending. That bill likely won’t be acted upon until next spring. In the meantime, senior homeowners are left with the dilemma that legislative inaction created.
George Downey, founder of Harbor Mortgage Solutions in Braintree and a board member of the National Reverse Mortgage Lenders Association, urged the Legislature, which meets on Thursday, to pass the measure.
“If they do nothing, the ability of hundreds of seniors to leverage the equity in their homes during this extremely stressful time will be rendered impossible. There is no rational reason why Massachusetts should be so out of step with every other state when it comes to giving seniors flexibility in arranging for safe and effective reverse mortgage advice,” Downey said.
Multiple factors are contributing to the likely halt, Downey said.
Only eight reverse mortgage counselors are currently licensed in the state. None of them are scheduling in-house meetings due to COVID concerns, including the rapid spread of the Omicron variant.
As a result, seniors have to drive to one of just six counseling offices in the state, located in Quincy, Agawam, Hyannis, Auburndale, Stoneham and Woburn.
“For many seniors, having to drive such long distances for in-person meetings amid heightened COVID concerns is a non-starter. Not having the ability to conduct these sessions by phone or videoconference is an insurmountable obstacle,” Downey said.
The Massachusetts Mortgage Bankers Association and the National Reverse Mortgage Lenders Association have sent letters to legislative leaders urging passage of the omnibus bill. According to the MMBA, some 1,500 seniors annually in Massachusetts utilize reverse mortgage products.
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Thursday, December 23, 2021
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Wednesday, December 22, 2021
Licensed Timeshare Attorneys Team Up To Protect Consumers Against Timeshare Exit Companies
21 Dec’21: Licensed timeshare attorneys is an
educational platform that brings awareness to the timeshare community and
people on how to cancel a timeshare legally and protect themselves against
timeshare exit companies.
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company has a network of experienced attorneys who are focusing on consumer
protection law & timeshare law. They are so helpful and friendly to listen
to every issue regarding timeshare cancellation. Timeshare lawyers are the only
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timeshare cancellation, timeshare exit team, timeshare compliance, timeshare
fraud, contract disputes, credit restoration, and timeshare mediation are
timeshare exit companies, not law firms.
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Timeshare Attorneys bridge the gap to establish an attorney-client relationship
ethically without involving Timeshare Exit Companies. Due to the Timeshare Exit
Company industry, timeshare developers refuse to engage with any company or
individual unless it's a Licensed Timeshare Attorney or Law Firm.
However, Licensed Timeshare Attorneys assure you to mitigate the risk of
a client losing money to unscrupulous Timeshare Exit Companies luring consumers
by guaranteeing results with a 100% money-back guarantee.
Hiring
a Licensed Timeshare Attorney is necessary when a consumer dispute appears to
be a deadlock. Legal Counsel is needed to resolve the dispute either through
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will guide you on how timeshare cancellation allows you to get out of a
timeshare purchase and get a full refund without incurring a penalty.
Please
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